About FarmBackup
FarmBackup is an Agriculture company based in Copenhagen (Denmark) founded in 2015 by Anders Knudsen and Søren Knudsen. Provider of an app and SaaS-based location tracking platform for farm equipment. It operates in the Agriculture and Real Estate & Construction sectors. FarmBackup has raised $1.66 million across 4 funding rounds. The company has 6 employees. FarmBackup was last valued at $7.48 million in September 2020. Its focus areas include Food and Agriculture Tech, Crop Tech, ECommerce and Farm Inputs. Its legal entity is FarmBackup ApS. Its competitors include H+H, SER Hegn and Dansk Profilteknik.
Company details
FarmBackup was founded in 2015 in Copenhagen, Denmark, within the agricultural technology sector. A SaaS-based platform and mobile app are utilized to track farm equipment through GPS devices. Machine performance statistics are generated, alongside storage management tools. Job planning is facilitated, client information is maintained, and payroll processing is supported for farmers and growers.
- Headquarters Copenhagen, Denmark
- Employees 6
- Founders Anders Knudsen, Søren Knudsen
- Stage Minicorn
- SectorsAgricultureReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website farmbackup.com/task
- Social LinkedIn X Facebook
- Legal Name Farmbackup Aps
- Total Equity Funding$1.66M (USD)
in 4 rounds
- Latest Funding Round$388.03K (USD), Seed
Sep 2020
- Employee Count6
Funding Insights of FarmBackup
FarmBackup has successfully raised a total of $1.66M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $388.03 thousand completed in September 2020. 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 $1.66M
- Total Rounds 4
- Last Round Seed — $388,033
- First Round $120,376
(May 2017)
All 4 funding rounds of FarmBackup 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 |
|---|---|---|---|---|---|
| Sep 2020 | $388,033 | Seed | $7.48M | – | – |
| Apr 2019 | $562,050 | Seed | $5.78M | – | – |
| Jul 2018 | $588,000 | Seed | $••••• | – | – |
| May 2017 | $120,376 | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2020 | $7.48M | •••••••• |
| Apr 2019 | $5.78M | •••••••• |
| Jul 2018 | $••••• | •••••••• |
Full valuation and stage history of FarmBackup
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $7.48M (Sep 2020).
People of FarmBackup
4 people are tracked at FarmBackup (3 in leadership, 1 in team); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
Anders Knudsen | Co-Founder | Leadership |
Søren Knudsen | Co-Founder & Managing Director | Leadership |
Mike Tonner | Head Of Sales | Leadership |
Henrik Kryhlmand Knudsen | Sales and support employee at FarmBackup | Team |
Complete people profiles for FarmBackup
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Timeline of FarmBackup
4 dated milestones of FarmBackup across 5 years, from founding to its latest funding, stage changes and deals.
- Founded FarmBackup is founded.
- Funding First funding round of $120K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $388K.
Competitors of FarmBackup
FarmBackup has 3 listed competitors in our database. They include H+H, SER Hegn and Dansk Profilteknik.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hplush.com | 1909 | Copenhagen, Denmark | 18 | Aggregate concrete products are manufactured by H+H for construction applications. | ||
| ser-hegn.dk | 2006 | Fredericia, Denmark | 55 | Fences, gates, and security products are supplied in Denmark. | ||
| danskprofilteknik.dk | 2000 | Terndrup, Denmark | 58 | Roofs, walls, and building materials are manufactured by the company. |
Detailed competitors of FarmBackup
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Web traffic of FarmBackup
The website of FarmBackup (farmbackup.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 79.9% vs previous month
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Related news about Farmbackup
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Frequently Asked Questions about FarmBackup
FarmBackup was founded in 2015 and raised its 1st funding round 2 years after it was founded.
FarmBackup is headquartered in Copenhagen, Denmark.
FarmBackup is a funded company, having raised a total of $1.66M across 4 funding rounds to date. The company's 1st funding round was a Seed of $120.38K, raised on May 2017.
FarmBackup has 6 employees.
FarmBackup was founded in 2015 in Copenhagen, Denmark, within the agricultural technology sector. A SaaS-based platform and mobile app are utilized to track farm equipment through GPS devices. Machine performance statistics are generated, alongside storage management tools. Job planning is facilitated, client information is maintained, and payroll processing is supported for farmers and growers.
FarmBackup's top competitors include H+H, Dansk Profilteknik and SER Hegn.
The valuation of FarmBackup is $7.48M as of Sep 2020.
FarmBackup operates through Farmbackup Aps.