# Centaur Analytics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/centaur-analytics

- Industry: Agribusiness
- Headquarters: Ventura, US
- Website: www.centaur.ag
- Total disclosed funding: $4.3M
- Latest round: Seed (Oct 2, 2018)
- Investors on record: 4

## About

Centaur Analytics, Inc. specializes in agricultural technology, providing advanced solutions that utilize Smart Sensors and Artificial Intelligence to enhance crop quality monitoring and control during the post-harvest phase.Founded in 2014 in Ventura, US, Centaur Analytics, Inc. focuses on technology-driven solutions for the agricultural sector. The company was co-founded by Apostolos Lerios, Avi Reichental, and Sotiris Bantas, with Sotiris Bantas as the current CEO. Centaur has engaged in 3 funding deals, with the most recent being a Venture Debt round raising USD 0.16 mn on September 24, 2019. The total amount raised by the company to date is USD 3.00 mn.Centaur’s primary offering is the Internet-of-Crops® platform, which integrates advanced Smart Sensors and Artificial Intelligence (AI) to enhance visibility and control over the post-harvest quality chain. This platform provides real-time insights into stored and transported crop conditions, aiming to prevent post-harvest loss while ensuring premium product quality through predictive modeling and explainable AI. Key functionalities include monitoring variables such as moisture, CO2, and oxygen levels in grain silos, warehouses, and transport containers, combined with environmental data to recommend interventions that optimize crop quality. The technology caters to a diverse client base, including grain producers, millers, and exporters operating in various global markets, such as Europe, Africa, and North America. Centaur's innovations are particularly valuable for sectors requiring stringent compliance with food safety and traceability standards, thus positioning the company as a leader in enhancing supply chain integrity.Centaur generates revenue through a subscription-based model for its Internet-of-Crops® platform and the associated Smart Sensors. Clients, which include agricultural producers and grain milling companies, typically engage in agreements that provide access to the platform's analytics and sensor technology, facilitating real-time monitoring and quality control. Transactions may involve annual or multi-year subscriptions that include training and technical support, ensuring clients can maximize the platform's capabilities. As users benefit from enhanced quality control and reduction in post-harvest loss, they are likely to pay a premium for these services, which are designed to increase their operational efficiency and market competitiveness. The company’s revenue streams are bolstered by its ability to offer unique analytics, such as Predictive Grain Quality and Cognitive Insect Mortality, which address specific challenges in agricultural production and storage management.Centaur Analytics, Inc. plans to leverage its recent funding to enhance its Internet-of-Crops® platform by developing new features that integrate more advanced analytics capabilities. Additionally, the company is exploring opportunities to enter new markets, particularly targeting regions in Asia and South America by 2022. The funding raised in September 2019, through a Venture Debt round of USD 0.16 mn, is expected to support these initiatives and aid in the development of robust marketing strategies to establish a presence in these new geographic areas.

## Funding rounds

- Seed, Oct 2, 2018, $3M — OurCrowd, Marathon Venture Capital, Detia Degesch GmbH
- Seed, Sep 28, 2016, $1.3M — PJ Tech Catalyst, OurCrowd

## Investors

- PJ Tech Catalyst (https://capitalatlas.ai/funds/pj-tech-catalyst) — Seed
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Seed
- Marathon Venture Capital (https://capitalatlas.ai/funds/marathon-venture-capital) — Seed
- Detia Degesch GmbH — Seed