Ecto, Inc.

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Ecto, Inc. - overview

Established

2013

Location

Atlanta, GA, US

Primary Industry

Software

About

Ecto, Inc. is a technology company specializing in mobile applications for the agriculture sector, focusing on optimizing management and operational efficiency across poultry, swine, and aqua farming industries. Founded in 2013 and headquartered in Atlanta, US, Ecto, Inc. develops technology solutions aimed at enhancing farm management.


The company has successfully completed 2 funding rounds, with the most recent being a Series A round on July 2, 2021, raising USD 7. 2 mn from investors including Aqua-Spark and Rabo Investments. Dmitry Kozachenok, the founder, has a background in developing agricultural technology. Ecto offers a mobile application designed to optimize management and operations within the poultry, swine, and aqua farming sectors.


The platform focuses on input digitization, analytics, and virtual assistance to enhance efficiency across various functions such as production, veterinary services, logistics, and quality assurance. Key features include real-time monitoring of critical parameters, customizable task management, and comprehensive reporting tools that facilitate informed decision-making for users ranging from farm workers to site managers. Ecto's application serves a diverse customer base, including contract growers and agricultural producers primarily in North America, South America, and Europe, improving traceability, reducing operational downtime, and enhancing communication across farming operations. Ecto generates revenue through a subscription-based model allowing clients to access its mobile application and related services.


Clients, which include various agricultural producers and contract growers, engage with the platform under different pricing plans tailored to their operational needs. The transaction structure is primarily B2B, with partnerships established to facilitate the integration of Ecto's solutions into existing business processes. The company also offers support and consulting services as part of its revenue-generating activities, ensuring that clients maximize the effectiveness of the application. Ecto, Inc.


intends to leverage its recent Series A funding of USD 7. 2 mn raised in July 2021 to enhance product development and expand into new markets. The company is currently designing additional features for its mobile application aimed at improving user engagement and operational efficiency. Ecto plans to penetrate new geographic regions, specifically targeting markets in Asia and Africa, with expectations for entry by 2023.


These initiatives aim to solidify Ecto’s presence in the global agriculture technology sector.


Current Investors

Vodia Ventures, Aqua-Spark, Seventure Partners

Primary Industry

Software

Sub Industries

Biotechnology, Software

Website

www.ecto.com

Company Stage

Series A

Total Amount Raised

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Ecto, Inc. - employee data

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