Cropify

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Cropify - overview

Established

2019

Location

Adelaide, TAS, Australia

Primary Industry

Software

About

Cropify, based in Australia, is an Agtech company leveraging AI technology to revolutionize grain grading. Their solutions enable accurate and efficient assessments of grain quality, streamlining processes for agricultural stakeholders. Cropify is an Australian Agtech firm founded in 2019 in Adelaide. The company focuses on providing innovative grain grading solutions powered by AI.


Founders Andrew Hannon and Anna Falkiner have a history in technology and agriculture. Cropify successfully raised AUD 2. 05 million in Seed funding on March 7, 2024, targeting investments from various investors, totaling its funding to AUD 2. 05 million with a current valuation of AUD 7.


529 million. Cropify Agtech specializes in a visual grain grading solution that utilizes advanced computer vision technology for precise assessments of grain quality. Their service identifies defects, contaminants, and foreign material, providing real-time test results for growers and marketers, primarily in Australia and Canada. Cropify's revenue model centers around its grain grading technology, offered through customized subscription or partnership frameworks targeting agricultural businesses.


This facilitates direct interactions between Cropify and its clients, including grain processing facilities and marketers, allowing them to access critical grain quality data in real time. In March 2024, Cropify raised AUD 2. 05 million in Seed funding, which will be utilized for expanding their product offerings and entering new markets. The company aims to enhance its grain grading solutions and target additional regions beyond Australia and Canada.


Specific timelines for new product launches and market expansion are under development.


Current Investors

Hatcher+, Mandalay Venture Partners, Anna Binna Pty Ltd

Primary Industry

Software

Sub Industries

Software, Agribusiness

Website

www.cropify.io/

Verticals

Agtech, Artificial Intelligence, IoT (Internet of Things)

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.