Burro

AgribusinessSeries BPhiladelphia, USburro.ai

Latest round

Series B

Last raised

Jan 2024

Total raised

$38M

Investors

10

About Burro

Burro is focused on creating autonomous agricultural solutions to address industry labor challenges. The company was founded in 2017 in Philadelphia, US. The founders of Burro include Erinn Berkson, Terry Scott, and Vibhor Sood.00 mn.Burro specializes in providing autonomous solutions tailored for the agricultural sector, primarily focusing on enhancing productivity and addressing labor challenges faced by growers. The company's core product offerings include the Burro robot, Burro Grande, Burro Verde, and specialized attachments such as Cortador for mowing and Sprayito for spot spraying. These autonomous robots assist in various agricultural applications, including berries, vineyards, greenhouses, nurseries, and vegetation management. Released in 2017, Burro's technology has been developed in collaboration with growers to ensure it meets the operational challenges of modern agriculture.Burro generates revenue through a combination of direct sales and service contracts related to its suite of autonomous robots and technology solutions. The company's transaction structure is primarily B2B, with agricultural businesses purchasing robots and associated technology services directly. Clients may engage in one-time purchases of robots, with additional revenue generated from ongoing support and maintenance contracts, ensuring optimal operation of the equipment. The pricing structure is designed to be accessible to a range of agricultural clients, with flagship products like the Burro and Burro Grande forming the cornerstone of the offering. The company plans to develop new autonomous offerings aimed at enhancing agricultural productivity and is exploring expansion into new markets, specifically targeting European regions by the end of 2024.

Who invested in Burro

10 investors across 5 rounds

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Funding rounds

  1. Series B

    Jan 9, 2024

    Amount

    $24M

    Investors

    Locked

  2. Series A

    Sep 28, 2021

    Amount

    $11M

    Investors

    Locked

  3. Seed

    May 1, 2020

    Amount

    $1.6M

    Investors

    Locked

  4. Seed

    Apr 2, 2019

    Amount

    $1.5M

    Investors

    Locked

  5. Seed

    Oct 30, 2018

    Amount

    $0.3M

    Investors

    Locked

Questions about Burro

Who invested in Burro?

Burro has 10 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Burro raised?

Burro has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Burro last raise money?

Burro's most recent round on record is a Series B, in Jan 2024.

What does Burro do?

Burro is focused on creating autonomous agricultural solutions to address industry labor challenges.

Where is Burro headquartered?

Burro is headquartered in Philadelphia, US.

Which VCs invest in companies like Burro?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back agribusiness companies at Burro's stage. Their profiles are linked below.

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