About Tellus Labs
Tellus Labs is an Agriculture company based in Boston (United States) founded in 2016, and was acquired by Indigo in December 2018. It operates in the Agriculture, Aerospace, Defense & Maritime, and Technology sectors. Tellus Labs has raised $3.1 million across 5 funding rounds from investors including Indigo Ag, OSTI.GOV and IA Ventures. The company has 708 employees. The company was acqui-hired. Its focus areas include High Tech, Geographic Information Systems, Imaging Solutions and Satellite based. Its legal entity is INDIGO AG, INC. Its competitors include Planet, Spire and The Climate; 3 of its 3 listed competitors have raised funding.
Company details
Provider of satellite-based imaging services. It offers a software platform for analytics on data from satellite imagery. It offers a cloud-based analytics engine that processes satellite imagery to extract earth and soil data and applies data modeling and machine learning to turn it into actionable insights useful for better decision-making targeted at players in insurance, government planning, and agribusinesses.
- Headquarters Boston, United States
- Employees 708
- Stage Acquired
- SectorsAgricultureAerospace, Defense & Maritime Technology
- Website telluslabs.com
- Acquired by Indigo (Dec 2018)
- Legal Name Indigo Ag, Inc.
Funding Insights of Tellus Labs
Tellus Labs has successfully raised a total of $3.1M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $1.2 million completed in February 2019. 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 $3.1M
- Total Rounds 5
- Last Round Grant — $1.2M
- First Round $100,000
(Nov 2016)
- Investors Count 6
All 5 funding rounds of Tellus Labs 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 |
|---|---|---|---|---|---|
| Feb 2019 | $1.2M | Grant | – | – | |
| Jun 2017 | $223,898 | Grant | – | – | |
| Feb 2017 | $1.15M | Grant | – | – | |
| Jan 2017 | $3.1M | Seed | – | IA Ventures | |
| Nov 2016 | $100,000 | Grant | – | – |
7 investors in total: 7 institutional.
Investors in Tellus Labs
Tellus Labs has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Indigo Ag, OSTI.GOV and IA Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage venture capital firm focusing on investments in technology and fintech companies | iaventures.com | New York, United States | ||
Tech focused pre seed VC firm investing in the US | project11.com | Boston, United States | ||
Venture capital firm focused on tech sectors | foundercollective.com | Cambridge, United States | ||
Hyperplane is engaged in providing seed capital to startups. | hyperplane.vc | Boston, United States | ||
Early-stage entrepreneurs are accelerated through MassChallenge's program. | masschallenge.org | Boston, United States | ||
Scientific and technical information is managed and disseminated by OSTI.GOV. | osti.gov | Oak Ridge, United States | ||
Microbe-based plant protection products and yield optimization services are provided. | 2013 | indigoag.com | Boston, United States |
Investor details for Tellus Labs
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Timeline of Tellus Labs
4 dated milestones of Tellus Labs across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Tellus Labs is founded.
- Funding First funding round of $100K.
- Exit Acquired by Indigo.
- Funding Latest funding round, Grant, of $1.2M.
Competitors of Tellus Labs
Tellus Labs has 3 listed competitors in our database, 3 of them funded. They include Planet, Spire and The Climate.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| planet.com | 2010 | San Francisco, United States | $601.59M | 1,180 | Cloud-based satellite imagery data and analytics solutions are provided. | |
| spire.com | 2012 | San Francisco, United States | $272.59M | 447 | Cloud, AI, and satellite-based data analytics solutions are developed. | |
| climate.com | 2006 | St. Louis, United States | $108.52M | 154 | Integrated platform providing hardware and software for farm and weather data analytics |
Detailed competitors of Tellus Labs
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Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as Tellus Labs (Crop Tech & Equipment) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of plant-based food ingredients | 2012 | St. Louis, Missouri, United States | USD 406.99 M | USD 470 M | ||
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | 73 | ||
Provider of farmers networking platform | 2014 | San Carlos, California, United States | USD 981.09 M | 808 |
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Related news about Tellus Labs
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Frequently Asked Questions about Tellus Labs
Tellus Labs was founded in 2016.
Tellus Labs is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Tellus Labs is a funded company, having raised a total of $3.1M across 5 funding rounds to date. The company's 1st funding round was a Grant of $100K, raised on Nov 2016.
Tellus Labs has 708 employees.
Provider of satellite-based imaging services. It offers a software platform for analytics on data from satellite imagery. It offers a cloud-based analytics engine that processes satellite imagery to extract earth and soil data and applies data modeling and machine learning to turn it into actionable insights useful for better decision-making targeted at players in insurance, government planning, and agribusinesses.
Tellus Labs's top competitors include Planet, Spire and The Climate.
Tellus Labs has 7 investors. Key investors include Indigo Ag, OSTI.GOV, IA Ventures, Project 11 Ventures, and Founder Collective.
Tellus Labs operates through Indigo Ag, Inc..
Yes. Tellus Labs was acquired by Indigo in December 2018.