About Monarch Tractor
Monarch Tractor is a company based in Livermore (United States) founded in 2018 by Mark Schwager, Carlo Mondavi, and Zachary Omohundro. Monarch Tractor has raised $214 million across 5 funding rounds from investors including Trimble, CNH Industrial and PMV. Monarch Tractor has completed 1 acquisition, including Einsite. Monarch Tractor offers products and services including MK-V Standard, MK-V Dairy, MK-V Utility, and WingspanAI. Monarch Tractor operates in a competitive market with competitors including Clearpath Robotics, AutoNxt Automation, Muddy Machines, Farm-ng and Agtonomy, among others.
- Headquarter Livermore, United States
- Founders Mark Schwager, Carlo Mondavi, Zachary Omohundro
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Sectors
Transportation, Automotive & LogisticsAgriculture
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- Legal Name Monarch Ltd
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Products & Services of Monarch Tractor
Monarch Tractor offers a comprehensive portfolio of products and services, including MK-V Standard, MK-V Dairy, MK-V Utility, and WingspanAI.
Electric autonomous tractor for general farming tasks
Specialized tractor for dairy farm operations
Versatile tractor for various agricultural needs
App for remote tractor management and monitoring
People of Monarch Tractor
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Funding Insights of Monarch Tractor
Monarch Tractor has successfully raised a total of $214M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $133 million completed in July 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 Monarch Tractor
Monarch Tractor has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Trimble, CNH Industrial and PMV.
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Private debt funds are managed across multiple sectors.
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Investor details for Monarch Tractor
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Investments & Acquisitions by Monarch Tractor
Monarch Tractor has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Einsite.
Investment portfolio details for Monarch Tractor
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AI to make industrial machines smarter
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Complete acquisition details for Monarch Tractor
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Financial Statements - Monarch Tractor
Detailed financials for Monarch Tractor
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Monarch Tractor Comparisons
Peer comparison for Monarch Tractor
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Competitors of Monarch Tractor
Monarch Tractor 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 Clearpath Robotics, AutoNxt Automation, Muddy Machines, Farm-ng and Agtonomy, among others.
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Autonomous robots and software are provided for diverse industries.
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Electric tractors are manufactured for agriculture, industry, and defense uses.
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AI-powered autonomous robots for crop fieldwork are developed.
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Provider of electric tractors for farmers
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Mobile assistant software is provided for autonomous agricultural machinery.
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Autonomous farming solutions are provided via AI and robotics.
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Detailed competitors of Monarch Tractor
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Latest news on Monarch Tractor
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Frequently Asked Questions about Monarch Tractor
Monarch Tractor was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Monarch Tractor is headquartered in Livermore, United States. It is registered at Livermore, California, United States.
Monarch Tractor is a funded company, having raised a total of $214M across 5 funding rounds to date.
Founded in 2018 and based in Livermore, United States, electric autonomous tractors are designed and developed for agricultural use. These tractors incorporate a camera and sensor system to map crops and deliver real-time alerts. Capabilities such as AI-driven full awareness, slope stability assessment, and swappable battery systems are integrated to support farming tasks in the agriculture technology sector.
Monarch Tractor's top competitors include Clearpath Robotics, Farm-ng and AutoNxt Automation.
Monarch Tractor offers MK-V Standard, MK-V Dairy, MK-V Utility, and WingspanAI.
Monarch Tractor has made 1 acquisition, including Einsite.
Monarch Tractor has 12 investors. Key investors include Trimble, CNH Industrial, PMV, Musashi Seimitsu Industry, and VST Tillers Tractors.