AgriMetis LLC

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AgriMetis LLC - overview

Established

2014

Location

Lutherville, MD, US

Primary Industry

Agribusiness

About

AgriMetis LLC is a technology company focused on providing innovative software solutions tailored to enhance operational efficiency in various industries, including finance, healthcare, and logistics. Founded in 2014 and headquartered in Lutherville, US, AgriMetis LLC offers advanced software solutions designed to optimize processes within its targeted sectors. The company has raised a total of USD 23. 5 mn through three funding rounds, with the most recent being a Venture Debt round of USD 9.


88 mn completed on October 30, 2019. The CEO, Steven Tuttle, leads the organization, building upon his previous entrepreneurial experiences. AgriMetis LLC specializes in a range of innovative products aimed at addressing specific challenges within its target industries. Their core offerings include advanced software solutions that enhance operational efficiency and improve user experience across various platforms.


These products streamline processes, improve data management, and offer analytics capabilities that empower clients to make informed decisions. Their customer base includes small to medium-sized enterprises, large corporations, and government entities primarily in North America and Europe, with tailored solutions serving finance, healthcare, and logistics sectors. The company generates revenue through a subscription-based model, where clients pay a recurring fee for access to a suite of software products. Businesses often engage in annual contracts that provide access to premium features and ongoing support.


Additionally, AgriMetis LLC has established B2B relationships to distribute its products, with tiered pricing plans designed to meet diverse client requirements, facilitating predictable income streams and fostering client loyalty. AgriMetis LLC plans to utilize the recent Venture Debt funding of USD 9. 88 mn to support the development of upcoming products aimed at enhancing their software offerings. The company is also considering expansion into new markets, including Southeast Asia and Latin America, with targeted initiatives expected to launch by 2024.


The funding will facilitate these efforts, aligning with their strategy to broaden their geographic reach and product portfolio.


Current Investors

Acidophil, Syngenta Ventures, Alexandria Venture Investments

Primary Industry

Agribusiness

Sub Industries

Crop Production, Medicinal Chemicals & Botanicals

Website

www.agrimetis.com

Verticals

Agtech

Company Stage

Series B

Total Amount Raised

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