About OPTIFarm
OPTIFarm is a company based in Chesterfield (United Kingdom) founded in 2018 by David Speller.. The company has 19 employees as of August 31, 2021. OPTIFarm offers products and services including AI Solution, Livestock Business Intelligence, and Interactive Solutions. OPTIFarm operates in a competitive market with competitors including Datamars, AgriWebb, Herddogg, FarmBot and JetBov, among others.
- Headquarter Chesterfield, United Kingdom
- Employees 19 as on 31 Aug, 2021
- Founders David Speller
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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 Optifarm Ltd
- Date of Incorporation 17 Jul, 2018
- Jurisdiction GREAT CHESTERFORD, ESSEX, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
AGCO
& 1 more
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Employee Count
19
as on Aug 31, 2021
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Products & Services of OPTIFarm
OPTIFarm offers a comprehensive portfolio of products and services, including AI Solution, Livestock Business Intelligence, and Interactive Solutions. 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.
Analyzes farm data to predict and resolve operational issues.
Offers real-time supervision and support for animal health.
Tailors AI analytics for commercial benefits in farming.
Funding Insights of OPTIFarm
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series A - OPTIFarm | Valuation |
investors |
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| Nov, 2018 | Amount | Seed - OPTIFarm | Valuation |
investors |
| 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 OPTIFarm
OPTIFarm has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include AGCO and Evonik Venture Capital. 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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Corporate venture capital investments are made by Evonik.
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Founded Year | Domain | Location | |
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On-field and off-field agriculture machinery is manufactured and marketed.
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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 OPTIFarm
| 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 - OPTIFarm
| 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 |
Optifarm Comparisons
Competitors of OPTIFarm
OPTIFarm 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 Datamars, AgriWebb, Herddogg, FarmBot and JetBov, 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 monitoring solutions are supplied globally.
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| domain | founded_year | HQ Location |
Livestock management software is provided for cattle farmers' operations.
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| domain | founded_year | HQ Location |
Integrated hardware and software for livestock monitoring are provided.
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| domain | founded_year | HQ Location |
Provider of cloud-based farm water monitoring system
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| domain | founded_year | HQ Location |
Livestock farm data is recorded and analyzed via cloud-based software.
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| domain | founded_year | HQ Location |
AI-based software for plant monitoring and water prediction is provided.
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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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Frequently Asked Questions about OPTIFarm
When was OPTIFarm founded?
OPTIFarm was founded in 2018.
Where is OPTIFarm located?
OPTIFarm is headquartered in Chesterfield, United Kingdom. It is registered at Chesterfield, Derbyshire, United Kingdom.
Who is the current CEO of OPTIFarm?
David Speller is the current CEO of OPTIFarm. They have also founded this company.
How many employees does OPTIFarm have?
As of Aug 31, 2021, the latest employee count at OPTIFarm is 19.
What does OPTIFarm do?
OPTI Farm provides real-time livestock monitoring solutions. It offers real-time recommendations for the real-time problems identified on the farm such as poor bird spread, erratic water consumption, equipment failure, climate optimization etc. using robotics, artificial intelligence, sensors etc.
Who are the top competitors of OPTIFarm?
What products or services does OPTIFarm offer?
OPTIFarm offers AI Solution, Livestock Business Intelligence, and Interactive Solutions.
Who are OPTIFarm's investors?
OPTIFarm has 2 investors. Key investors include AGCO, and Evonik Venture Capital.
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