# BarrelWise Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/barrelwise-technologies

- Industry: Software
- Headquarters: Vancouver, Canada
- Website: www.barrelwise.ca
- Total disclosed funding: $2.4M
- Latest round: Seed (Aug 24, 2022)
- Investors on record: 2

## About

Based in Vancouver, Canada, and founded in 2018 by CEO Jason Sparrow, CTO David Sommer, and Artem Bocharov, BarrelWise Technologies Ltd., a.k.a. BarrelWise designs and develops smart technology for analyzing levels of SO2, a chemical that helps prevent oxidation and browning in wine barrels to enhance wine production and analysis. In August 2022, BarrelWise Technologies Ltd. raised CAD 3.1 million of seed funding led by Conexus Venture Capital with participation from AG Capital Canada.

The company’s product line includes BarrelWise FS1, a cloud-connected platform that streamlines routine free SO2 analysis through automation for wineries to take routine free SO2 measurements up to 15 times faster than traditional lab analysis. BarrelWise FS1 is operated through a smartphone, which has the capability to automatically pull the samples, execute analysis, and deliver results to each vessel. The firm’s client base includes Andrew Peller, Frind Estate Winery, Arterra Wines Canada, and Mission Hill Family Estates.

BarrelWise Technologies Ltd. plans to use its proceeds from August 2022 funding to accelerate its production and customer support capabilities, as well as expand its team across sales, marketing, and technology.

## Funding rounds

- Seed, Aug 24, 2022, $2.4M — Conexus Venture Capital, AG Capital Canada

## Investors

- Conexus Venture Capital (https://capitalatlas.ai/funds/conexus-venture-capital) — Seed
- AG Capital Canada (https://capitalatlas.ai/funds/ag-capital-canada) — Seed