SaaS startups have become the darling of Venture Capital investors, especially in the AgTech industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 7 VC funded SaaS startups in the AgTech industry.
A drone-based autonomous herding system that can count, track, and move sizable herds over wide pastures is being developed by BeeFree. Designed to aid ranchers in time and money savings, stress reduction for animals, and carbon footprint reduction while boosting yields and productivity. BeeFree Agro's solution will close the technological gap for livestock farmers by doing tasks in the field.
The shadowy coffee industry is brought to light by Coffee Exchange. Our goal is to offer a free market, business-to-business (B2B), digital platform for trading coffee where participants can make purchasing and selling decisions based on contemporaneous, accurate information. Coffee Exchange uses technology to simplify the exchange of green coffee from the farm gate to the consumer's smartphone. For all of the above coffees, CEx offers appraisal of the coffee, logistics, customs clearance, quality checks, marketing support, and final delivery. By streamlining and condensing the supply chain, the Coffee Exchange market enhances the price paid to coffee growers and lowers the cost to coffee roasters. With the help of our technology, complex problems like order consolidation, freight tracking, sample management, quality control, data analytics, and the distribution of advertising and marketing materials may be solved. More than 1100 coffee roasters in China participate in Coffee Exchange's active trade relationships with a few key coffee growers in Ethiopia, Rwanda, Ecuador, Colombia, Guatemala, and El Salvador. Our platform is now being tested in the USA, and it will soon be made available in the UK and South Korea.
The Wolkus Technology Solutions-developed agri-tech platform Fasal is an AI-powered platform for the agriculture ecosystem that keeps track of a range of growth circumstances on the farm. It then makes on-farm forecasts using artificial intelligence and data analytics before offering the insights everywhere on any device, including (iOS, Android, Tablet, and web). Its data-driven precision agriculture system, which helps farmers save money on water, energy, fertilizers, and pesticides, suggests real-time agronomic solutions to producers utilizing on-farm and microclimate data obtained from agnostic sensors.
A versatile and efficient tool for managing activities, procedures, and staff is Frontu. It connects your office employees with your field service representatives in real time and is designed for companies with mobile workforces. Your field service professional uses a customized app on his Android device, and your office employee handles the process through the online portal.
The world's fruit industry is being revolutionized by Outfield. A precision orchard management system called Outfield gives producers fruit counts and maps of year-round variability. We assist producers in being more effective, lucrative, and ecologically responsible by offering important insights on orchard performance. Estimating yields is essential for all facets of fruit cultivation, from increasing orchard productivity to establishing sales agreements. Manual yield estimation is done by growers using around 0.5% of their trees. The predicted yield per orchard has an average inaccuracy of 20% due to the poor and sparse data they gather. As a result, there is a decrease in productivity, efficiency, and profit alongside an increase in environmental harm. Outfield producers' estimated yields are accurate to within 10%. Our farmers employ low-cost off-the-shelf drones that are pre-loaded with Outfield flight plans. They launch an automatic 30-minute drone flight spanning hundreds of trees with the push of a button. The photographs are uploaded to the cloud-based platform of Outfield, where they are analyzed using customized image recognition algorithms. Within 24 hours, farmers receive their maps and insights back. Outfield is able to implement a scalable SAAS business thanks to this tactic. Its fruit-level data platform was created and tested with apple and pear producers on three different continents, and our MVP is currently being utilized by paid beta-test growers in the UK, New Zealand, and South Africa. Growers have complimented drone data acquisition's unrivaled versatility, speed, and simplicity. We are now seeking investment to fuel our expansion and scale our product in response to the escalating demand. Our team is prepared to increase our global footprint, diversify our service portfolio with new product features, and enter untapped markets for additional fruit crops. The fourth agricultural revolution is about to begin, and Outfield is well situated at the intersection of drone, cloud, agritech, and machine learning technologies. Reduce fruit waste with Outfield, unleash the potential of orchards, and shape the direction of fruit farming in the future.
Software called Smartwyre was created for the agricultural supply market. Veterans of the software and crop protection industries designed it to remove the financial uncertainties brought on by commercial complexity. The business was established in 2018 and has its corporate office in Denver, Colorado.
ToolSense is on a mission to increase the efficiency, productivity & sustainability of the asset-intensive companies that make up the backbone of our global economy. Our ToolSense Asset Operations Platform captures data from our IoT devices and digitizes all processes around the asset - which makes it easy for asset-intensive companies to act on data insights and ensure full workflow digitization & business process automation. By using ToolSense our customers realize cost savings, improve compliance and automate processes - so that they can concentrate on their actual job: enabling our daily lives and economic growth.