About Waldo
Waldo is a company based in Chassell (United States) founded in 2019. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Waldo has raised $1.6 million across 2 funding rounds. Waldo offers products and services including Waldo Forestry Platform, Digital Tickets, and Chain of Custody Reporting. Waldo operates in a competitive market with competitors including Savcor, Trestima, Treeva, TIMBERPOLIS and PalletTrader, among others.
- Headquarter Chassell, United States
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website waldologs.com
- Social LinkedIn Instagram
- Legal Name Waldo Solutions, Inc.
- Total Equity Funding$1.6 M (USD)
in 2 rounds
- Latest Funding Round$1.22 M (USD), Seed
Apr 05, 2023
People of Waldo
4 people are tracked at Waldo (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Leo Huhta | CEO | Leadership |
Mitchell Hagerup | Chief Technology Officer | Leadership |
Brady Bekkala | Chief Operating Officer | Leadership |
Daniel Bell | Principal Software Engineer | Team |
Complete people profiles for Waldo
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- Team structure
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Products & Services of Waldo
Waldo offers a comprehensive portfolio of products and services, including Waldo Forestry Platform, Digital Tickets, and Chain of Custody Reporting.
Digital platform for forestry operations and supply chain.
Electronic ticketing system for timber load tracking.
Tool for tracing timber with verified documentation.
Apps and channels of Waldo
Waldo publishes 2 mobile apps with over 100 downloads.
Funding Insights of Waldo
Waldo has successfully raised a total of $1.6M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.22 million completed in April 2023. 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 $1.6M
- Total Rounds 2
- Last Round Seed — $1.2M
- First Round $378,080
(21 Oct 2021)
All 2 funding rounds of Waldo 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 |
|---|---|---|---|---|---|
| 05 Apr 2023 | $1.2M | Seed | – | – | – |
| 21 Oct 2021 | $378,080 | Seed | – | – | – |
Timeline of Waldo
3 dated milestones of Waldo across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Waldo is founded.
- Funding First funding round of $378K.
- Funding Latest funding round, Seed, of $1.2M.
Competitors of Waldo
Waldo 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 Savcor, Trestima, Treeva, TIMBERPOLIS and PalletTrader, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| savcor.com | 1981 | Mikkeli, Finland | – | – | ERP solutions for forestry are developed and implemented. | |
| trestima.com | 2012 | Tampere, Finland | – | – | Developer of software and services for forest industries | |
| treeva.de | 2018 | Waiblingen, Germany | – | 30 | Forestry operations are managed via mobile and web platforms. | |
| timberpolis.com | 2009 | Presov, Slovakia | – | – | Online platform for timber classifieds, tools, and resources for woodworkers. | |
| pallettrader.com | 2022 | South Plainfield, United States | – | – | Operates a digital marketplace for buying and selling wooden pallets efficiently. | |
| woodscamp.com | 2015 | Mahone Bay, Canada | – | – | Freemium SaaS ERP is provided for forest professionals' operations. | |
| logbuch.xyz | 2017 | Waiblingen, Germany | – | 18 | Forest mapping solutions are delivered via an online voice-input platform. | |
| legnasoftware.com | 1986 | Winston-salem, United States | – | – | Provider of software solution for wood products producers, manufacturers and distributors |
Detailed competitors of Waldo
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Similar companies to Waldo
10 companies that operate in the same segment as Waldo (Forestry Tech & Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wildfire detection and forest monitoring networks and platforms are developed. | 2019 | Berlin, Berlin, Germany | USD 20.63 M | – | – | |
Satellite imagery and geospatial analytics are utilized for water monitoring. | 2012 | Didcot, Oxfordshire, United Kingdom | USD 17.11 M | – | 46 | |
AI-based wildfire detection devices are developed for monitoring and alerts. | 2017 | San Francisco, California, United States | USD 81 M | – | 25 | |
AI-based technology for grid wildfire prevention is provided. | 2020 | Sacramento, California, United States | USD 97.33 M | – | 44 | |
Ecosystem restoration is enabled by data-driven technology and forestry services. | 2020 | Ocean View, Delaware, United States | USD 35.06 M | – | – | |
AI and satellite imagery-based wildfire detection solutions are provided. | 2018 | Munchen, Bayern, Germany | USD 91.29 M | – | 83 | |
Forest-based management services are provided in Austria. | 2019 | Dornbirn, Vorarlberg, Austria | USD 5.36 M | – | – | |
Provider of carbon sequestration and forest thinning solutions | 2019 | Uppsala, Uppsala County, Sweden | USD 11.28 M | – | – | |
Provider of forest carbon project planning and carbon credit marketplace | 2022 | Tallinn, Estonia | USD 7.74 M | – | 14 | |
Provider of an AI and web-based platform for measuring carbon stock | 2020 | Boston, Massachusetts, United States | USD 20.76 M | – | – |
Frequently Asked Questions about Waldo
Waldo was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Waldo is headquartered in Chassell, United States. It is registered at Chassell, Michigan, United States.
Leo Huhta is the current CEO of Waldo.
Waldo is a funded company, having raised a total of $1.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $378.08K, raised on Oct 21, 2021.
A comprehensive platform is offered by Waldo to connect and optimize forestry operations across the timber supply chain. Operations are streamlined for land owners, managers, loggers, truckers, and mills through digital tools. Solutions are provided for harvest management, compliance, and financial settlements. Real-time transparency is ensured, errors are minimized, and profitability is enhanced within the forestry sector. Integration with existing systems is supported to unify data across the ecosystem from stump to mill.
Waldo offers Waldo Forestry Platform, Digital Tickets, and Chain of Custody Reporting.
Waldo operates through Waldo Solutions, Inc..
Yes. Waldo publishes Waldo Solutions and 1 more app, with over 100 downloads.