About Cropify
Cropify is a company based in Adelaide (Australia) founded in 2019.. Cropify has raised $2 million across 1 funding round from investors including Hatcher+ and Mandalay Venture Partners. Cropify offers products and services including Visual Grain Grading and Cropify Platform. Cropify operates in a competitive market with competitors including Blue River Technology, VERDANT ROBOTICS, iUNU, Prospera and Dogtooth Technologies, among others.
- Headquarter Adelaide, Australia
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Sectors
Agriculture
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Aug 29, 2024
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Investors
Hatcher+
& 1 more
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Employee Count
Employee Count
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Products & Services of Cropify
Cropify offers a comprehensive portfolio of products and services, including Visual Grain Grading and Cropify Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Computer vision tool for detecting grain defects and contaminants.
Software for real-time grain analysis and stakeholder sharing.
Funding Insights of Cropify
Cropify has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in August 2024. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $2.0M
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First Round
First Round
(29 Aug 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Seed - Cropify | Valuation | Mandalay , Hatcher+ |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cropify
Cropify has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Hatcher+ and Mandalay Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are made in agrifood tech ventures.
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Founded Year | Domain | Location | |
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AI-enabled automated tools for accelerators and fund managers
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cropify
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cropify
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cropify Comparisons
Competitors of Cropify
Cropify 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 Blue River Technology, VERDANT ROBOTICS, iUNU, Prospera and Dogtooth Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Computer vision and robotics are applied for agricultural weed control.
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| domain | founded_year | HQ Location |
AI-based robotic solutions for agricultural farm management are provided.
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| domain | founded_year | HQ Location |
AI-powered indoor farm management and monitoring solutions are provided.
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| domain | founded_year | HQ Location |
Plant health is monitored via computer vision and sensors.
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| domain | founded_year | HQ Location |
Robotic harvesters for soft fruits are manufactured and supplied.
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| domain | founded_year | HQ Location |
Provider of AI-based platform to identify genotypic traits in seeds for agriculture
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cropify
Frequently Asked Questions about Cropify
When was Cropify founded?
Cropify was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Where is Cropify located?
Cropify is headquartered in Adelaide, Australia. It is registered at Adelaide, South Australia, Australia.
Is Cropify a funded company?
Cropify is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Aug 29, 2024.
What does Cropify do?
Cropify was established in 2019 in Adelaide, Australia, within the agritech sector. Machine learning technologies are employed to classify pulse and grain crops, removing subjective testing from the grading process. Accurate classification services are delivered to support agricultural operations, with a focus on data-driven assessments for improved reliability in crop evaluation.
Who are the top competitors of Cropify?
Cropify's top competitors include Blue River Technology, iUNU and SEEDX.
What products or services does Cropify offer?
Cropify offers Visual Grain Grading and Cropify Platform.
Who are Cropify's investors?
Cropify has 2 investors. Key investors include Hatcher+, and Mandalay Venture Partners.
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