“Home, home on the range. Where an app tracks cattle gains and the best places to graze…”
Australian startup AgriWebb, which has built a livestock management platform for ranchers and farmers, just nabbed another $6.7M in its Series B funding round. Total funding is up to $29.3M.
This funding will enable the company to enter new partnerships and release features to support “improved animal productivity and sustainable land stewardship.”
AgriWebb’s app helps users visualize their operations and provides information on livestock and grazing—all the way down to the best grass location and which animals are gaining. It also supports sustainable land management for better profits.
It’s becoming a pretty big deal: The company boasts that more than 16K farmers and ranchers worldwide are using its platform to manage 19M animals and 136M+ acres of grazing land, with major players in Australia, the U.S., and the U.K.
One of a kind: AgriWebb’s platform combines animal management, grazing management, team communication, task and compliance management, and daily record-keeping.
Soundbite: “Its grazing insights enable ranchers to maximize productivity, eliminate waste, and validate grazing and animal management decisions in a way that other record-keeping systems can’t touch,” executive chairman and co-founder Justin Webb said.
AgriWebb, which started in Australia but has U.S. headquarters in Denver, was founded in 2014.
Investors Germin8 Ventures and iSelect Fund were new this round, joining existing investors Grosvenor Food & AgTech, Telus, and The Clean Energy Finance Corporation.
“Livestock producers deserve better technology to help them maximize their business, and consumers need more reliable provenance for the animal and environmental welfare of their food,” Webb said.