Verge Ag
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Verge Ag - overview
Established
2019
Location
Calgary, AB, Canada
Primary Industry
Agribusiness
About
Based in Lethbridge, Canada, Founded in 2019, Verge Technology Holdings Inc. , operates as an Ag-tech software company offering Launch Pad, which helps farmers find the best in-field route for their equipment, saving time and money. In April 2022, Verge Technology Holdings Inc. raised USD 7.
5 million in Series A funding led by new investor Yamaha Motor Ventures & Laboratory Silicon Valley, Inc. , with participation from SP Ventures, Artesian, and Fall Line Capital. The company is led by co-founder and CEO, Ryan Johnson. Verge offers a platform called Launch Pad which helps accelerate the transition to autonomous farming.
Launch Pad is an AI-powered interactive software that enables farmers to plan, simulate, and validate the movement of equipment in the field and execute field operations efficiently. Launch Pad Path Planner is a web application, developed to help growers plan their farm operations; and Launch Pad Equipment Explorer takes field-level insights derived from Path Planning and consolidates it for the entire farm. The company plans to use the 2022 funds to hire for roles across its engineering, marketing, sales, and corporate development teams. and expand its business reach and development efforts.
Current Investors
Fall Line Capital, Artesian, SP Ventures
Primary Industry
Agribusiness
Sub Industries
Farm Support Services, Farm Equipment, Crop Production
Website
www.vergeag.com
Verticals
Agtech, Artificial Intelligence
Company Stage
Series A
Total Amount Raised
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