About RootsGoods
RootsGoods is a company based in Munchen (Germany) founded in 2017 by Sachin Hegdekudgi. RootsGoods has raised $96.16 thousand across 2 funding rounds from investors including I Hub Robotics, IRMA and AgHub. RootsGoods offers products and services including Quality Assessment Tool, Procurement Platform, and Warehouse Management Software. RootsGoods operates in a competitive market with competitors including Blue River Technology, iUNU, SEEDX, Prospera and Robotics Plus, among others.
- Headquarter Munchen, Germany
- Founders Sachin Hegdekudgi
- Stage Minicorn
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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 Rootsgoods Private Limited
- Date of Incorporation 15 Mar, 2018
- Jurisdiction Shimoga, Karnataka, India
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Annual Revenue
$10.68 K (USD)4682.56as on Mar 31, 2020
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Net Profit
$148.23 (USD)341.55as on Mar 31, 2020
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EBITDA
-$681.73 (USD)-1034.41as on Mar 31, 2020
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Total Equity Funding
$96.16 K (USD)
in 2 rounds
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Latest Funding Round
$23.82 K (USD), Seed
Jun 17, 2024
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Investors
I Hub Robotics
& 2 more
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Employee Count
Not available
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Products & Services of RootsGoods
RootsGoods offers a comprehensive portfolio of products and services, including Quality Assessment Tool, Procurement Platform, and Warehouse Management Software.
Uses AI to evaluate crop quality parameters for farmers.
Facilitates crop sales and negotiation between farmers and buyers.
Manages storage and mapping for agricultural products.
Funding Insights of RootsGoods
RootsGoods has successfully raised a total of $96.16K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $23.82 thousand 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 RootsGoods
RootsGoods has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include I Hub Robotics, IRMA and AgHub.
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IRMA is recognized as a leading institute for rural management education in India.
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AgHub is established as an agri-food innovation ecosystem incubator.
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Provider of robotics solutions
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Investor details for RootsGoods
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Investments & Acquisitions by RootsGoods
Investment portfolio details for RootsGoods
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Financial Statements - RootsGoods
Detailed financials for RootsGoods
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Rootsgoods Comparisons
Peer comparison for RootsGoods
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Competitors of RootsGoods
RootsGoods 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 Blue River Technology, iUNU, SEEDX, Prospera and Robotics Plus, among others.
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Computer vision and robotics are applied for agricultural weed control.
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AI-powered indoor farm management and monitoring solutions are provided.
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Provider of AI-based platform to identify genotypic traits in seeds for agriculture
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Plant health is monitored via computer vision and sensors.
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Robotic machines for horticulture produce handling
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AI-based robotic solutions for agricultural farm management are provided.
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Detailed competitors of RootsGoods
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Latest news on Rootsgoods
Complete news archive for RootsGoods
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Frequently Asked Questions about RootsGoods
RootsGoods was founded in 2017 and raised its 1st funding round 6 years after it was founded.
RootsGoods is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Sachin Hegdekudgi is the current CEO of RootsGoods. They have also founded this company.
RootsGoods is a funded company, having raised a total of $96.16K across 2 funding rounds to date.
Annual revenue of RootsGoods is $10.68K as on Mar 31, 2020.
RootsGoods was founded in 2017 in Munich, Germany, within the agricultural technology sector. Crop quality is evaluated using AI and deeptech, analyzing visible and non-visible parameters to support negotiations, sales, and transportation between farmers and buyers. Software services for warehouse management and mapping are included, with operations focused on improving supply chain transparency and procurement processes.
RootsGoods's top competitors include Blue River Technology, iUNU and SEEDX.
RootsGoods offers Quality Assessment Tool, Procurement Platform, and Warehouse Management Software.
RootsGoods has 3 investors. Key investors include I Hub Robotics, IRMA, and AgHub.
The valuation of RootsGoods is $3.53M as of Jun 2024.