Monford Ag Systems Ltd
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Monford Ag Systems Ltd - overview
Established
2011
Location
-, -, Ireland
Primary Industry
Agribusiness
About
Monford Ag Systems Ltd specializes in innovative agricultural solutions, focusing on grass measurement and management technologies that enhance productivity for farmers and land managers through advanced data-driven insights. Founded in 2011 in Ireland, Monford Ag Systems Ltd offers technology solutions aimed at measuring and managing grass for the agricultural sector. The company raised EUR 1 million in Seed funding on August 5, 2013, led by Kernel Capital, with participation from Enterprise Ireland and Glanbia. This funding supports the growth strategy of the company, which has completed two deals to date.
Grassometer. com specializes in providing innovative solutions for grass measurement and management, primarily targeting the agricultural industry. The company’s core offerings include advanced grass measurement technologies that utilize proprietary sensors and algorithms to assess grass health, yield potential, and overall biomass. These products are designed to support farmers and land managers in maximizing their productivity by providing real-time data on grass conditions.
The end-users include livestock farmers, agricultural consultants, and turf management professionals who rely on accurate grass metrics to make informed decisions. The products are marketed in various geographical regions, including North America, Europe, and parts of Australia, reflecting the company’s commitment to serving a global client base. Grassometer. com operates on a revenue model primarily based on direct-to-consumer transactions, focusing on B2B sales to agricultural businesses and institutions.
Their revenue structure includes the sale of flagship measurement devices alongside subscription services for data analytics and reporting. Transactions typically involve initial product purchases complemented by ongoing subscription fees for access to enhanced services, allowing clients to continuously monitor grass conditions and receive tailored insights. Pricing plans are structured to accommodate various business sizes, enabling scalable solutions for small farms as well as large agricultural enterprises. Through this approach, Grassometer.
com effectively establishes long-term partnerships with its clientele, ensuring sustained engagement and service utilization. Monford Ag Systems Ltd is planning to utilize the EUR 1 million raised in Seed funding to expand its product offerings and enhance its market presence. The company is currently designing new advanced grass measurement products aimed at improving data accuracy and user experience, with potential launches projected for 2024. Additionally, the company aims to expand into South America and Asia by 2025, targeting regions with high agricultural activity.
The recent funding will support research and development initiatives as well as marketing efforts to facilitate this geographical expansion.
Current Investors
Enterprise Ireland, Kernel Capital, Glanbia
Primary Industry
Agribusiness
Sub Industries
Farm Equipment
Website
www.grassometer.com
Verticals
Agtech
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Monford Ag Systems Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Seed | Completed | Monford Ag Systems Ltd | - | ||||||||
| Grant | Completed | Monford Ag Systems Ltd | - |
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Monford Ag Systems Ltd - employee data


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