Force-A
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Force-A - overview
Established
2004
Location
-, -, France
Primary Industry
Software
About
Force-A is a French company focused on delivering innovative agronomic solutions designed to enhance the efficiency and profitability of agricultural operations through advanced digital technologies. Founded in 2004 in France, Force-A specializes in providing digital agronomic solutions to the agricultural sector. The company has conducted a total of 8 deals, with its most recent funding round occurring on July 19, 2018, where it raised EUR 1. 8 million from Capagro and GoGreen Capital.
The company’s current valuation stands at EUR 8. 298 million. The founding team has extensive experience in agronomy, though individual founder details are not specified. Force-A offers a suite of advanced agronomic products, including decision-support tools that optimize agricultural practices using data analytics.
Their flagship product, Vintel, helps users enhance their farming decisions and has recently qualified for the Certificats d’Économie de Produits Phytopharmaceutiques (CEPP). Additional offerings include FarmLife® for livestock management, PRESTO for yield forecasting, and Heat Stress Protect® for dairy farms, catering to diverse agricultural needs across Europe and North America. In 2017, Force-A reported revenue of EUR 696,674. 40 with an EBITDA loss of EUR 906,601.
30. The company primarily generates revenue through annual subscriptions for its digital solutions, allowing clients to utilize data analytics for their operational improvements. Revenue may also arise through collaborations with agricultural distributors who integrate Force-A’s technologies into their product offerings. Following the EUR 1.
8 million funding round in July 2018, Force-A intends to leverage these resources for the development of new products aimed at enhancing its digital agronomic services. The company is actively exploring expansion opportunities into additional European markets and aims to increase its presence in North America by the end of 2020. This growth strategy focuses on introducing innovative solutions that meet emerging agricultural challenges and supporting existing clients with enhanced service offerings.
Current Investors
SGAM Private Equity, Scientipole Capital, iXcore
Primary Industry
Software
Sub Industries
Consumer Electronics, Green IT, Web Applications, Analytics & Performance Software, Scientific Software, Farm Support Services
Website
www.force-a.com
Verticals
Agtech, Manufacturing, Mobile Apps
Company Stage
Series B
Total Amount Raised
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