About Smart Farm
Smart Farm is a company based in Nicholasville (United States) founded in 2013 by Ryan Heringer.. Smart Farm has raised $5.5 million across 7 funding rounds. Smart Farm operates in a competitive market with competitors including Semios, CropIn, xFarm, CropX and Conservis, among others.
- Headquarter Nicholasville, United States
- Founders Ryan Heringer
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Sectors
TechnologyAgriculture
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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 Smart Farm Systems, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.5 M (USD)
in 7 rounds
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Latest Funding Round
$50 K (USD), Seed
Jul 23, 2021
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Investors
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Employee Count
Employee Count
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Funding Insights of Smart Farm
Smart Farm has successfully raised a total of $5.5M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $50 thousand completed in July 2021. 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 Total Funding
- Total Rounds 7
- Last Round Seed — $50,000
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First Round
First Round
(18 Feb 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Seed - Smart Farm | Valuation |
investors |
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| Mar, 2020 | Amount | Seed - Smart Farm | Valuation |
investors |
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| Nov, 2018 | Amount | Seed - Smart Farm | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Smart Farm
| 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 - Smart Farm
| 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 |
Smart Farm Comparisons
Competitors of Smart Farm
Smart Farm 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 Semios, CropIn, xFarm, CropX and Conservis, 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 |
Data and analytics are delivered for precision crop management.
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| domain | founded_year | HQ Location |
Provider of farm management software solutions utilizing artificial intelligence and earth observation technology for improved crop productivity and decision-making
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| domain | founded_year | HQ Location |
Farm management solutions are delivered via an IoT-sensor platform.
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| domain | founded_year | HQ Location |
Provider of wireless sensors for soil moisture monitoring
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| domain | founded_year | HQ Location |
Cloud-based farm management solutions are developed and offered.
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| domain | founded_year | HQ Location |
SaaS-based farm management software is provided for agricultural data analysis.
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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 Smart Farm
When was Smart Farm founded?
Smart Farm was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Smart Farm located?
Smart Farm is headquartered in Nicholasville, United States. It is registered at Nicholasville, Kentucky, United States.
Is Smart Farm a funded company?
Smart Farm is a funded company, having raised a total of $5.5M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Feb 18, 2015.
What does Smart Farm do?
Smart Farm was founded in 2013 in Nicholasville, Kentucky, United States, within the smart farming sector. A 900 MHz wireless network covering large areas is employed, alongside an analytics-based user interface, to facilitate remote analysis of soil conditions. Field equipment, including irrigation pumps and grain silos, is monitored and controlled through these systems, supporting agricultural operations.
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