About Root AI
Root AI is a company based in Somerville (United States) founded in 2018 by Ryan Knopf and Josh Lessing was acquired by AppHarvest in April 2021. Root AI has raised $10.2 million across 4 funding rounds from investors including AppHarvest, AgFunder and Accomplice. Root AI operates in a competitive market with competitors including Advanced Farm Technologies, Muddy Machines, Tevel Aerobotics Technologies, Robotics Plus and Four Growers, among others.
- Headquarter Somerville, United States
- Founders Ryan Knopf, Josh Lessing
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Sectors
AgricultureIndustrial Goods & Manufacturing
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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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
$10.2 M (USD)
in 4 rounds
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Latest Funding Round
$7.9 M (USD), Seed
Aug 10, 2020
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Investors
AppHarvest
& 11 more
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Employee Count
Not available
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Acquired by
AppHarvest
(Apr 08, 2021)
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People of Root AI
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Funding Insights of Root AI
Root AI has successfully raised a total of $10.2M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $7.9 million completed in August 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.
Investors in Root AI
Root AI has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include AppHarvest, AgFunder and Accomplice.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on ag-tech and food-tech sectors
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Accomplice is engaged in venture capital investments for startups.
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Early-stage VC firm focused on disruptive industry founders.
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Investor details for Root AI
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Investments & Acquisitions by Root AI
Investment portfolio details for Root AI
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Financial Statements - Root AI
Detailed financials for Root AI
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Root Ai Comparisons
Peer comparison for Root AI
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Competitors of Root AI
Root AI 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 Advanced Farm Technologies, Muddy Machines, Tevel Aerobotics Technologies, Robotics Plus and Four Growers, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Developer of automated strawberry harvesting robots
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AI-powered autonomous robots for crop fieldwork are developed.
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AI-powered autonomous drones are developed for fruit harvesting.
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Robotic machines for horticulture produce handling
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Developer of robotic tomato harvesters
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Detailed competitors of Root AI
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Latest news on Root Ai
Complete news archive for Root AI
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Frequently Asked Questions about Root AI
Root AI was founded in 2018.
Root AI is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts, United States.
Josh Lessing is the current CEO of Root AI. They have also founded this company.
Root AI is a funded company, having raised a total of $10.2M across 4 funding rounds to date.
Root AI was founded in 2018 in Somerville, United States, within the AI robotics sector focused on agriculture. AI-powered robots are provided for harvesting fruits in indoor farming environments. Ripe fruits are identified by an integrated vision system to enable damage-free picking. Paths to targets are planned using 3D vision sensors amid complex growing conditions. Operations center on enhancing efficiency in controlled agricultural settings.
Root AI's top competitors include Muddy Machines, Advanced Farm Technologies and Robotics Plus.
Root AI has 12 investors. Key investors include AppHarvest, AgFunder, Accomplice, Outsiders Fund, and PJC.