About HerdX
HerdX is a company based in Boerne (United States) founded in 2010 by Ron Hicks.. HerdX has raised $13.19 million across 4 funding rounds. The company has 7 employees as of December 31, 2022. HerdX offers products and services including HerdView App, RFID Cattle Tags, HerdView Insights, HerdView Smart Reader, and HerdView Handheld Reader. HerdX operates in a competitive market with competitors including Allflex, Allflex, Identis, Ayvetsan and Cox Agri, among others.
- Headquarter Boerne, United States
- Employees 7 as on 31 Dec, 2022
- Founders Ron Hicks
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Sectors
Agriculture
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Herdx, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.19 M (USD)
in 4 rounds
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Latest Funding Round
$5.9 M (USD), Series A
Jul 03, 2019
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Investors
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Employee Count
7
as on Dec 31, 2022
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Products & Services of HerdX
HerdX offers a comprehensive portfolio of products and services, including HerdView App, RFID Cattle Tags, HerdView Insights, HerdView Smart Reader, and HerdView Handheld Reader. 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.
App for tracking cattle records and health insights
Tags to identify and monitor individual cattle movements
Tools for analyzing cattle behavior and health data
Reader for scanning RFID tags in field operations
Handheld tool for quick cattle identification and records
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Funding Insights of HerdX
HerdX has successfully raised a total of $13.19M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5.9 million completed in July 2019. 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 4
- Last Round Series A — $5.9M
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First Round
First Round
(01 Jun 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Series A - HerdX | Valuation |
investors |
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| Oct, 2018 | Amount | Series A - HerdX | Valuation |
investors |
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| Jul, 2016 | Amount | Seed - HerdX | Valuation |
investors |
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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 |
Investments & Acquisitions by HerdX
| 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 - HerdX
| 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 |
Herdx Comparisons
Competitors of HerdX
HerdX 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 Allflex, Allflex, Identis, Ayvetsan and Cox Agri, 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 |
Livestock identification and tracking systems are provided globally.
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| domain | founded_year | HQ Location |
Livestock identification tags and tissue sampling units are manufactured.
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| domain | founded_year | HQ Location |
RFID tags manufacturer and provider for livestock animals
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| domain | founded_year | HQ Location |
Livestock identification tags are manufactured and supplied.
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| domain | founded_year | HQ Location |
Provider of livestock identification, monitoring, and traceability solutions
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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 Herdx
Frequently Asked Questions about HerdX
When was HerdX founded?
HerdX was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is HerdX located?
HerdX is headquartered in Boerne, United States. It is registered at Boerne, Texas, United States.
Who is the current CEO of HerdX?
Ron Hicks is the current CEO of HerdX. They have also founded this company.
Is HerdX a funded company?
HerdX is a funded company, having raised a total of $13.19M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.04M, raised on Jun 01, 2011.
How many employees does HerdX have?
As of Dec 31, 2022, the latest employee count at HerdX is 7.
What does HerdX do?
HerdX was founded in 2010 in Boerne, United States, within the agritech sector. An integrated hardware and software platform is utilized for real-time tracking and monitoring of livestock herds. Wearable collars equipped with GPS devices and sensors record animal positions and activities. Data is transmitted to a cloud-based system for access via the software platform. Behavioral analysis is conducted to identify potential health issues and disease outbreaks.
Who are the top competitors of HerdX?
What products or services does HerdX offer?
HerdX offers HerdView App, RFID Cattle Tags, HerdView Insights, HerdView Smart Reader, and HerdView Handheld Reader.