Boomitra

San Mateo, United States Founded: 2017 • Age: 9 yrs
Carbon capture is estimated using satellites and AI for farmers.

About Boomitra

Boomitra is a company based in San Mateo (United States) founded in 2017 by Aadith Moorthy. Boomitra has raised $4 million across 2 funding rounds from investors including Yara International, THRIVE Agrifood and Chevron Technology Ventures. The company has 29 employees. Boomitra operates in a competitive market with competitors including Regrow, Varaha, Good Carbon, Invert and Klimate, among others.

  • Headquarter San Mateo, United States
  • Employees 29
  • Founders Aadith Moorthy
  • Sectors
    Agriculture
    Environment
  • Email
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  • Phone
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  • Website boomitra.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Boomitra O2c Tech India Private Limited
  • Date of Incorporation 17 Jul, 2021
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹7.13 Cr

    FY 2024 · +46% YoY

  • Net Profit
    ₹0.74 Cr

    FY 2024 · 10% margin

  • EBITDA
    ₹1.14 Cr

    FY 2024 · 16% margin

  • Total Equity Funding
    $4M (USD)

    in 2 rounds

  • Investors
  • Employee Count
    29

Funding Insights of Boomitra

Boomitra has successfully raised a total of $4M across 2 strategic funding rounds. 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 $4M
  • Total Rounds 2
  • First Round $4M

    (Jun 2021)

  • Investors Count 6

All 2 funding rounds of Boomitra with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2022–Series A–THRIVE
–
Jun 2021$4MSeries A–Yara International
Valuation history

6 investors in total: 3 institutional and 3 angel.

Investors in Boomitra

Boomitra has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Yara International, THRIVE Agrifood and Chevron Technology Ventures.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Food and agtech startups are accelerated by THRIVE programs.
–thriveagrifood.comLos Gatos, United States
Seed & early stage multiple stage focused corp VC firm funding companies in the US and Canada
–chevron.com/technology/technology-venturesHouston, United States
Nitrogen-based mineral fertilizers and industrial products are manufactured and supplied.
1905yara.comOslo, Norway

Jerry Yang

Co-founder of Yahoo!, prominent angel investor, and tech visionary.
–unknown_6144869e3e4a4abf8-

Tom Steyer

American billionaire, hedge fund manager, and angel investor in climate tech.
–unknown_353d511a6b8c4bf79-

Kat Taylor

Indian angel investor focusing on early-stage startups in tech and consumer sectors.
–unknown_73cb42379da448bdb-
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Investor details for Boomitra

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  • Round participation
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Board of directors of Boomitra O2c Tech India Private Limited (Boomitra)

Boomitra O2c Tech India Private Limited is the primary company behind Boomitra. The board of Boomitra O2c Tech India Private Limited currently have 3 directors; the longest-serving is Subramaniam Satyamoorthy, appointed in 2021. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Subramaniam Satyamoorthy
DIN 00244158
Director17 Jul 20215 yrs 2 moBoomitra O2c Tech India Private Limited
Anirudh Anup Keny
DIN 07262523
Director17 Jul 20215 yrs 2 moBoomitra O2c Tech India Private Limited
Ganeshbabu Krishnappa
DIN 07617657
Director20 Oct 20214 yrs 11 moBoomitra O2c Tech India Private Limited

People of Boomitra

12 people are tracked at Boomitra (9 in leadership, 3 in team); the tracked headcount is 29.

NameRoleGroup
Aadith Moorthy
Founder & CEOLeadership
Abhinav Gupta
Partner Relationship Manager - APACLeadership
Andrea Okun
Marketing DirectorLeadership
Satya Satyamoorthy
Chief Operating OfficerLeadership
Chethan TR
Director Of Carbon ProjectsLeadership
Managing Director India & Senior Vice President RevenueLeadership
Patrick Collins
Director - Human ResourcesLeadership
Shelley Northrop
VP Of MarketingLeadership
Jeff Hershey
Head Of Product | Director Of Carbon SolutionsLeadership
Octavio Andrés Prieto Wisbrun
Project Manager, Northern MexicoTeam
Ann Maina
East Africa Lead (carbon Projects)Team
Jordan Oldag
Senior Geospatial Data ScientistTeam
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Financials of Boomitra

Figures of Boomitra O2c Tech India Private Limited, the primary company behind Boomitra, for FY 2024. Revenue was ₹7.13 Cr (+46% year on year). Net profit was ₹0.74 Cr (10% margin). EBITDA was ₹1.14 Cr (16% margin).

  • ₹7.13 CrRevenue · FY 2024 · +46% YoY
  • ₹0.74 CrNet profit · 10% margin
  • ₹1.14 CrEBITDA · 16% margin
  • ₹0.01 CrPaid-up capital
  • 29Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Boomitra O2c Tech India Private Limited are on its company page.

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Detailed financial statements for Boomitra

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Timeline of Boomitra

3 dated milestones of Boomitra across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Boomitra is founded.
  2. Funding First funding round of $4.0M.
  3. Funding Latest funding round, Series A,.

Competitors of Boomitra

Boomitra 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 Regrow, Varaha, Good Carbon, Invert and Klimate, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
regrow.ag2016Durham, United States$60.75M103
Cloud-based solutions for crop management and analytics are offered.
varaha.earth2022Gurugram, India$12.7M105
SaaS solutions for carbon removal and sustainable agriculture are provided.
goodcarbon.earth2021Berlin, Germany$10.48M26
Digital platform for investing in nature-based carbon projects is offered.
invert.world2020Ottawa, Canada$19.07M–
Invert is engaged in carbon reduction and removal solutions.
klimate.co2020Copenhagen, Denmark$4.68M9
Carbon footprints are calculated and offset through capture technologies.
ceezer.earth2021Berlin, Germany$16.38M–
Carbon footprint solutions are provided via an online platform.
ncx.com2010San Francisco, United States$74.4M–
Carbon offsets are facilitated via a data-driven forest marketplace.
sparkchange.io2018London, United Kingdom$4.5M10
Blockchain-enabled investments in carbon instruments are offered online.
klima.com2019Berlin, Germany$16.71M21
Carbon footprints are calculated, offset, and tracked via a platform.
deepskyclimate.com2022Montreal, Canada$64.8M–
Infrastructure for CO2 removal and geologic storage is developed.
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Detailed competitors of Boomitra

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Web traffic of Boomitra

The website of Boomitra (boomitra.com) receives about 24.2K visits a month.

  • Monthly visits
    24.2K

    ▲ 50.7% vs previous month

Latest news on Boomitra

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Complete news archive for Boomitra

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Similar companies to Boomitra

10 companies that operate in the same segment as Boomitra (Crop Tech & Equipment), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Cannabis products are provided to support consumer wellness and health.
2013Smiths Falls, Ontario, Canada–USD 204.24 M960
Provider of plant-based food ingredients
2012St. Louis, Missouri, United StatesUSD 406.99 MUSD 470 M–
Robotic equipment for automating weeding on vegetable farms is developed.
2016San Francisco, California, United StatesUSD 139.96 M–73
Provider of farmers networking platform
2014San Carlos, California, United StatesUSD 983.39 M––
Manufacturer and distributor of irrigation equipment
1963Jalgaon, Maharashtra, India–USD 679.04 M12,280
AgroStar is engaged in providing agricultural products and solutions.
2013Pune, Maharashtra, IndiaUSD 208.82 MUSD 31.86 M1,249
Crop protection solutions and hybrid seeds are provided for farming.
2000Basel, Basel-stadt, Switzerland–––
SaaS-based B2B solutions for food supply chains are provided.
2015Gurugram, Haryana, IndiaUSD 51.11 MUSD 124.42 M373
DeHaat is recognized as an online marketplace for farmers.
2012Patna, Bihar, IndiaUSD 223.57 MUSD 240.09 M2,011
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Frequently Asked Questions about Boomitra

Boomitra was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Boomitra is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.

Aadith Moorthy is the current CEO of Boomitra. They have also founded this company.

Boomitra is a funded company, having raised a total of $4M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Jun 2021.

Boomitra has 29 employees.

The primary company behind Boomitra, Boomitra O2c Tech India Private Limited, reported revenue of β‚Ή7.13 Cr for FY 2024, up 46% year on year.

Founded in 2017 and based in San Mateo, United States, the company operates in the agritech and environmental sustainability sector. Services focus on estimating carbon capture through satellite imagery and AI analysis. Farmers are supported with recommendations for practices such as cover crops, rotations, and manure additions to enhance soil carbon levels. Soil moisture, nutrients, and carbon are monitored regularly via remote sensing technology.

Boomitra's top competitors include Regrow, Varaha and Klima.

Boomitra has 6 investors. Key investors include Yara International, THRIVE Agrifood, Chevron Technology Ventures, Jerry Yang, and Tom Steyer.

Boomitra operates through Boomitra O2c Tech India Private Limited.

The legal entities of Boomitra currently have 3 directors, including Subramaniam Satyamoorthy, Anirudh Anup Keny, Ganeshbabu Krishnappa.

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