BinSentry

Kitchener, Canada Founded: 2017 • Age: 9 yrs
Provider of an IoT solution to track on-farm inventory
Annual revenue - Latest available
Total funding $44.2M 5 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About BinSentry

BinSentry is a company based in Kitchener (Canada) founded in 2017 by Randall Schwartzentruber and Nathan Hoel. BinSentry has raised $44.24 million across 5 funding rounds from investors including BDC, Chillingo and Lewis & Clark Agrifood. BinSentry offers products and services including Feed Bin Sensor, ProSense HD, and Critical Event Management. BinSentry operates in a competitive market with competitors including VERDANT ROBOTICS, Naio Technologies, Niqo Robotics, iFarm and Saga Robotics, among others.

  • Headquarter Kitchener, Canada
  • Founders Randall Schwartzentruber, Nathan Hoel
  • Sectors
    Agriculture
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Binsentry Inc.
Operational Areas
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Agriculture → Livestock & Animal Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $44.24 M (USD)

    in 5 rounds

  • Latest Funding Round
    $25 M (USD), Debt – Conventional

    Dec 19, 2025

  • Investors
    BDC

    & 6 more

  • Employee Count
    Not available
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Products & Services of BinSentry

BinSentry offers a comprehensive portfolio of products and services, including Feed Bin Sensor, ProSense HD, and Critical Event Management.

Product name locked
Category locked
Primary

Monitors feed levels to prevent waste and outages.

Product name locked
Category locked
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Provides high-definition monitoring for precise inventory data.

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Manages urgent feed events to optimize supply chains.

People of BinSentry

Headcount 10-50
Employee Profiles 15
Board Members and Advisors 5
Employee Profiles
People
Jamie Radoja BBA, CHRL, CVA
Human Resources Director
People
Ben Allen
Chief Executive Officer
People
Nathan Hoel
Co-Founder & CTO
People
Matthew Kipfer
Senior Financial Analyst

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Board Members and Advisors
people
Edmund O'Keeffe
Director
people
Larry Page
Director
people
Jonathan Goodkey
Director
people
Dennis Organ
Chair

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Funding Insights of BinSentry

BinSentry has successfully raised a total of $44.24M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $25 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in BinSentry

BinSentry has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include BDC, Chillingo and Lewis & Clark Agrifood.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are directed toward agriculture and food sectors.
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Garage.com is operated as a platform connecting customers to garage door service providers.
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Seed-stage investments are made by Garage Capital across multiple sectors.
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Investor details for BinSentry

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by BinSentry

Investments
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Investment portfolio details for BinSentry

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - BinSentry

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Detailed financials for BinSentry

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  • Profit trends
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Binsentry Comparisons

BinSentry Primary company
Description
Provider of an IoT solution to track on-farm inventory
Location
Kitchener, Canada
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for BinSentry

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Competitors of BinSentry

BinSentry operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as VERDANT ROBOTICS, Naio Technologies, Niqo Robotics, iFarm and Saga Robotics, among others.

Company Name Domain Founded year HQ Location Description
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AI-based robotic solutions for agricultural farm management are provided.
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Provider of automated farming solutions
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AI-based robotic solutions for farming weeders and sprayers are provided.
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Vertical farming technologies are developed by iFarm for sustainable agriculture.
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Robotic machines for automating farm operations are provided.
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Detailed competitors of BinSentry

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Latest news on Binsentry

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Complete news archive for BinSentry

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about BinSentry

BinSentry was founded in 2017 and raised its 1st funding round 1 year after it was founded.

BinSentry is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.

Randall Schwartzentruber is the current CEO of BinSentry. They have also founded this company.

BinSentry is a funded company, having raised a total of $44.24M across 5 funding rounds to date.

BinSentry provides an IoT solution to track on-farm inventory. Uses solar-powered sensors to transmit data to the cloud to provide on-farm insights for feed-mills and vertical integrators. Clients include Co-Alliance, Belstra Group Farms, Masterfeeds and more.

BinSentry's top competitors include iFarm, VERDANT ROBOTICS and Niqo Robotics.

BinSentry offers Feed Bin Sensor, ProSense HD, and Critical Event Management.

BinSentry has 7 investors. Key investors include BDC, Chillingo, Lewis & Clark Agrifood, Garage.com, and Garage Capital.

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