About Smart Ag
Smart Ag is a Transportation, Automotive & Logistics company based in Ames (United States) founded in 2015, and was acquired by Raven Industries in November 2019. Autonomous farm equipment platforms are developed for agricultural automation. It operates in the Transportation, Automotive & Logistics, Agriculture, and Technology sectors. Smart Ag has raised $5 million across 1 funding round from investors including Stine Seed and Raven Industries. The company was acqui-hired. Smart Ag offers products and services including OMNiDRIVE, Slingshot, and Viper 4+. Its focus areas include Auto Tech, Autonomous Vehicles, Self Driving Technology and Off Highway Vehicles. Its legal entity is Raven Industries, Inc. Its competitors include Overland, Bear Flag Robotics and Agtonomy; 3 of its 3 listed competitors have raised funding.
Company details
Smart Ag was founded in 2015 in Ames, United States, focusing on the agriculture technology sector. An autonomous farm equipment platform is offered, including Smart HP kits for automating tractors with guidance, path planning, obstacle detection, and communication features. SmartNX enables machine-to-cloud and machine-to-machine connectivity, while AutoCart supports driverless grain cart operations. Compatibility with various GPS systems, over-the-air updates, WiFi access, and multiple cellular providers is included.
- Headquarters Ames, United States
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsAgriculture Technology
- Phone•••• ••••
- Website smart-ag.com
- Social LinkedIn X Facebook Instagram
- Acquired by Raven Industries (Nov 2019)
- Legal Name Raven Industries, Inc.
- Total Equity Funding$5M (USD)
in 1 rounds
- Latest Funding Round$5M (USD), Seed
Jun 2018
- InvestorsStine Seed
& 1 more
- Acquired byRaven Industries
(Nov 2019)
Products & Services of Smart Ag
Smart Ag offers a comprehensive portfolio of products and services, including OMNiDRIVE, Slingshot, and Viper 4+.
Driverless platform for efficient grain collection during harvesting.
System for remote management of farming operations and logistics.
Advanced interface for controlling agricultural equipment in the field.
Funding Insights of Smart Ag
Smart Ag has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5 million completed in June 2018. 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 $5M
- Total Rounds 1
- Last Round Seed — $5M
- First Round $5M
(Jun 2018)
- Investors Count 1
All 1 funding rounds of Smart Ag with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | $5M | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Smart Ag
Smart Ag has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Stine Seed and Raven Industries.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
High-performance corn and soybean seeds are developed. | 1979 | stineseed.com | Des Moines, United States | |
High-altitude balloons and tracking technologies are developed. | 1956 | ravenind.com | Sioux Falls, United States |
Investor details for Smart Ag
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- Complete investor list
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Timeline of Smart Ag
3 dated milestones of Smart Ag across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Smart Ag is founded.
- Funding First funding round of $5.0M.
- Exit Acquired by Raven Industries.
Competitors of Smart Ag
Smart Ag has 3 listed competitors in our database, 3 of them funded. They include Overland, Bear Flag Robotics and Agtonomy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| overland.ai | 2022 | Seattle, United States | $52.29M | AI-enabled self-driving delivery vehicles for off-road terrains are developed. | ||
| bearflagrobotics.com | 2017 | Sunnyvale, United States | $11.52M | Self-driving technology for tractors is developed and retrofitted. | ||
| agtonomy.com | 2021 | San Francisco, United States | $64M | Mobile assistant software is provided for autonomous agricultural machinery. |
Detailed competitors of Smart Ag
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Top companies in Autonomous Vehicles
3 companies that operate in the same segment as Smart Ag (Autonomous Vehicles) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 2,619 | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
SaaS-enabled hardware and software for autonomous vehicles are developed. | 2013 | San Francisco, California, United States | USD 7.72 B | 3,326 |
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Frequently Asked Questions about Smart Ag
Smart Ag was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Smart Ag is headquartered in Ames, United States. It is registered at Ames, Iowa, United States.
Smart Ag is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Seed of $5M, raised on Jun 2018.
Smart Ag was founded in 2015 in Ames, United States, focusing on the agriculture technology sector. An autonomous farm equipment platform is offered, including Smart HP kits for automating tractors with guidance, path planning, obstacle detection, and communication features. SmartNX enables machine-to-cloud and machine-to-machine connectivity, while AutoCart supports driverless grain cart operations. Compatibility with various GPS systems, over-the-air updates, WiFi access, and multiple cellular providers is included.
Smart Ag's top competitors include Overland, Agtonomy and Bear Flag Robotics.
Smart Ag offers OMNiDRIVE, Slingshot, and Viper 4+.
Smart Ag has 2 investors. Key investors include Stine Seed, and Raven Industries.
Smart Ag operates through Raven Industries, Inc..
Yes. Smart Ag was acquired by Raven Industries in November 2019.