About FarmBot
FarmBot is a company based in Sydney (Australia) founded in 2014 by Andrew Coppin and Craig Hendricks. FarmBot has raised $7.82 million across 5 funding rounds from investors including Telstra, Macdoch Ventures and SYD Ventures. FarmBot offers products and services including Water Level Monitor, Rain Gauge, Pump Control, and Security Camera. FarmBot operates in a competitive market with competitors including Semios, CropIn, xFarm, AgriWebb and CropX, among others.
- Headquarter Sydney, Australia
- Founders Andrew Coppin, Craig Hendricks
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Sectors
TechnologyAgriculture
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Phone
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Website
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Social
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- Legal Name Farmbot Australia Pty Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$7.82 M (USD)
in 5 rounds
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Latest Funding Round
$3.03 M (USD), Series A
Jun 11, 2024
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Investors
Telstra
& 3 more
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Employee Count
Not available
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Products & Services of FarmBot
FarmBot offers a comprehensive portfolio of products and services, including Water Level Monitor, Rain Gauge, Pump Control, and Security Camera.
Tracks water levels in tanks and dams remotely for farm efficiency
Monitors rainfall to aid in farm water management decisions
Enables remote control of pumps for better water flow regulation
Provides 24/7 remote farm monitoring for enhanced security
People of FarmBot
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Funding Insights of FarmBot
FarmBot has successfully raised a total of $7.82M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $3.03 million completed in June 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.
Investors in FarmBot
FarmBot has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Telstra, Macdoch Ventures and SYD Ventures.
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Investments are made in tech startups by Macdoch Ventures.
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SYD Ventures is engaged in investing in early-stage startups.
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muru-D is operated as Telstra's hub for digital innovation and incubation.
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Investor details for FarmBot
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Investments & Acquisitions by FarmBot
Investment portfolio details for FarmBot
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Financial Statements - FarmBot
Detailed financials for FarmBot
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Farmbot Comparisons
Peer comparison for FarmBot
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Competitors of FarmBot
FarmBot 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 Semios, CropIn, xFarm, AgriWebb and CropX, among others.
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Data and analytics are delivered for precision crop management.
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Provider of farm management software solutions utilizing artificial intelligence and earth observation technology for improved crop productivity and decision-making
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Farm management solutions are delivered via an IoT-sensor platform.
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Livestock management software is provided for cattle farmers' operations.
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Provider of wireless sensors for soil moisture monitoring
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Cloud-based farm management solutions are developed and offered.
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Detailed competitors of FarmBot
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Latest news on Farmbot
Complete news archive for FarmBot
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Frequently Asked Questions about FarmBot
FarmBot was founded in 2014.
FarmBot is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Andrew Coppin is the current CEO of FarmBot. They have also founded this company.
FarmBot is a funded company, having raised a total of $7.82M across 5 funding rounds to date.
FarmBot was founded in 2014 in Sydney, Australia, within the agricultural technology sector. A cloud-based system is operated to monitor farm water ecosystems, with real-time reporting on water trends, consumption, and alerts delivered. A rain gauge is integrated for automated rainfall data entry, supporting stocking decisions. Operations focus on Australian farms, emphasizing data-driven water management.
FarmBot offers Water Level Monitor, Rain Gauge, Pump Control, and Security Camera.
FarmBot has 4 investors. Key investors include Telstra, Macdoch Ventures, SYD Ventures, and muru-D.