MetaFarms, Inc.

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MetaFarms, Inc. - overview

Established

2000

Location

Burnsville, MN, US

Primary Industry

Software

About

MetaFarms, Inc. provides specialized information technology solutions for the agriculture sector, focusing on optimizing farm operations and enhancing decision-making through advanced management software. MetaFarms, Inc. was founded in 2000 and is headquartered in Burnsville, US.


The company focuses on delivering technology solutions for the agricultural industry. Ray Milidoni is the founder, while Chad Becker serves as CEO. The company has engaged in one deal, with the most recent investment occurring in August 2018 when Tlg Capital invested in MetaFarms, with financial details undisclosed. MetaFarms is a leading provider of information technology solutions tailored specifically for the agriculture sector.


Their core product offerings include comprehensive management software designed to optimize farm operations, enhance decision-making processes, and facilitate data-driven insights for farmers and agribusinesses. These solutions serve a diverse clientele, including livestock producers, crop farmers, and agricultural retailers across notable geographic markets such as the Midwest and Southern United States. By integrating various functionalities, such as livestock tracking, crop management, and compliance reporting, MetaFarms aims to address critical challenges in the agricultural industry, including efficiency, productivity, and regulatory compliance. This allows end users to streamline operations and improve overall farm performance through accurate data aggregation and analysis.


MetaFarms generates revenue primarily through a subscription-based model that offers tiered pricing plans for its software solutions, catering to various sizes and types of agricultural operations. Clients engage with the company through direct contracts, with options for annual or monthly billing, depending on the selected service package. These subscription services not only provide access to the software but also include ongoing support and updates, ensuring that users benefit from the latest features and improvements. Additionally, MetaFarms may engage in partnerships with agricultural suppliers and cooperatives to extend their reach and enhance service offerings.


While specific pricing structures for their flagship solutions are not disclosed, the company's approach emphasizes creating value for its users by improving operational efficiencies within their agricultural processes. MetaFarms plans to leverage recent funding to accelerate product development and expand its market presence. The company is designing new features for its management software aimed at improving user engagement and data analytics capabilities, with anticipated releases in late 2023. Additionally, MetaFarms is targeting expansion into the Pacific Northwest and Northeast regions of the US by 2024.


The funds from the August 2018 investment by Tlg Capital are expected to support these initiatives, enhancing both product offerings and market penetration.


Current Investors

TLG Capital

Primary Industry

Software

Sub Industries

Storage, Web Applications, Analytics & Performance Software, Content Management Software, Farm Support Services

Website

www.metafarms.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

MetaFarms, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedMetaFarms, Inc.-

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