About BinSentry
BinSentry is an Agriculture company based in Kitchener (Canada) founded in 2017 by Randall Schwartzentruber and Nathan Hoel. Provider of an IoT solution to track on-farm inventory. It operates in the Agriculture and Technology sectors. BinSentry has raised $44.24 million across 5 funding rounds from investors including BDC, Chillingo and Lewis & Clark Agrifood. Its chief executive, as recorded, is Randall Schwartzentruber. Its website binsentry.com draws about 22 thousand monthly visits. BinSentry offers products and services including Feed Bin Sensor, ProSense HD, and Critical Event Management. Its focus areas include Food and Agriculture Tech, Livestock Tech, Feeding and Feed Procurement. Its legal entity is BinSentry Inc.
Company details
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.
- Total Equity Funding$44.24M (USD)
in 5 rounds
- Latest Funding Round$25M (USD), Debt – Conventional
Dec 2025
- InvestorsBDC
& 6 more
Products & Services of BinSentry
BinSentry offers a comprehensive portfolio of products and services, including Feed Bin Sensor, ProSense HD, and Critical Event Management.
Monitors feed levels to prevent waste and outages.
Provides high-definition monitoring for precise inventory data.
Manages urgent feed events to optimize supply chains.
Apps and channels of BinSentry
its YouTube channel BinSentry has 88 subscribers and 30 videos.
Videos from BinSentry
The most watched videos on BinSentry's YouTube channel, BinSentry (88 subscribers). Click a video to play it here.
More on BinSentry.
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.
- Total Funding $44.24M
- Total Rounds 5
- Last Round Debt – Conventional — $25M
- First Round $1.54M
(Jun 2018)
- Investors Count 7
All 5 funding rounds of BinSentry with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2025 | $25M | Debt – Conventional | – | – | |
| Jun 2025 | $20M | Series B | – | – | – |
| Aug 2024 | $15M | Series B | – | Spring Mountain Capital | – |
| Sep 2020 | $7.7M | Series A | – | Lewis & Clark Agrifood, Garage Technology Ventures | – |
| Jun 2018 | $1.54M | Seed | – | Garage Capital, Chillingo | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward agriculture and food sectors. | lewisandclarkagrifood.com | St. Louis, United States | ||
Garage.com is operated as a platform connecting customers to garage door service providers. | garage.com | Palo Alto, United States | ||
Seed-stage investments are made by Garage Capital across multiple sectors. | garage.vc | Kitchener, Canada | ||
Venture capital fund focused on multiple sectors | smcgrowthcapital.com | New York, United States | ||
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada | |
Video Games Publisher focusing on Mobile platforms | 2005 | chillingo.com | Macclesfield, United Kingdom | |
| cibc.com |
Investor details for BinSentry
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of BinSentry
21 people are tracked at BinSentry (9 in leadership, 5 in board & advisors, 7 in team).
| Name | Role | Group |
|---|---|---|
Randall Schwartzentruber | Co-Founder & Co-CEO | Leadership |
Nathan Hoel | Co-Founder & CTO | Leadership |
Ben Allen | Co-CEO | Leadership |
Jamie Radoja BBA, CHRL, CVA | Human Resources Director | Leadership |
Ben Willard | Vice President Software | Leadership |
Ben van Straten | Chief Financial Officer | Leadership |
Vaughan Stewart | VP Sales & Customer Success | Leadership |
Kearney Klein | Chief Operating Officer | Leadership |
Brent S. | Director of Finance | Leadership |
Edmund O'Keeffe | Director | Board & advisors |
Larry Page | Director | Board & advisors |
Jonathan Goodkey | Director | Board & advisors |
Dennis Organ | Chair | Board & advisors |
Chuck Warta | Director | Board & advisors |
Matthew Kipfer | Senior Financial Analyst | Team |
Jason Dale | Senior Account Manager | Team |
Brian Jacklin | Sr. Manager, Customer Success | Team |
Bo Beyer | Outcomes Manager | Team |
Jack Locke | Account Executive | Team |
Mitchell Dickey | Account Executive | Team |
1 more people are available in the full profile.
Complete people profiles for BinSentry
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of BinSentry
3 dated milestones of BinSentry across 8 years, from founding to its latest funding, stage changes and deals.
- Founded BinSentry is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Debt – Conventional, of $25.0M.
Web traffic of BinSentry
The website of BinSentry (binsentry.com) receives about 22.2K visits a month.
- Monthly visits22.2K
▲ 99.7% vs previous month
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Related news about Binsentry
Complete news archive for BinSentry
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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 CEO of BinSentry, as recorded in our data. They have also founded this company.
BinSentry is a funded company, having raised a total of $44.24M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.54M, raised on Jun 2018.
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 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.
BinSentry operates through Binsentry Inc..