ChrysaLabs
Latest round
- Series A
Last raised
- May 2023
Total raised
- $12M
Investors
- 9
About ChrysaLabs
Founded in 2017 in Montreal, Canada, ChrysaLabs Inc. operates in the agricultural technology sector, focusing on advanced soil testing solutions.ChrysaLabs specializes in advanced soil testing and analysis solutions aimed at enhancing agricultural productivity through actionable insights. Their core offerings include a patented real-time, 4-step intelligent soil testing technology that leverages machine learning and spectroscopy to provide precise soil analysis in under 30 seconds. This technology enables users—such as agronomists, carbon project developers, and large-scale farmers—to collect and interpret soil data efficiently, thus optimizing nitrogen management and carbon measurement efforts. ChrysaLabs' mobile app facilitates data collection and visualization, allowing users to export information directly in the field.ChrysaLabs generates revenue through a combination of direct sales of their soil testing solutions and subscription-based services for ongoing access to their mobile app and analytical tools. Transactions typically occur on a business-to-business (B2B) basis, with agronomists and agricultural firms purchasing their flagship soil testing services. The company’s offerings are designed to meet the specific needs of their clients, allowing for tailored solutions that enhance crop yields and optimize resource management. Pricing structures may vary based on service agreements, which can include one-time purchases for soil testing and subscription models for continuous soil monitoring and analysis.In May 2023, ChrysaLabs Inc. The funds will be utilized for product development and market expansion. The company plans to further enhance its soil testing technology and expand its reach into new geographic regions, including additional markets in Europe and Africa, by the end of 2024.
Who invested in ChrysaLabs
9 investors across 3 rounds
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Questions about ChrysaLabs
Who invested in ChrysaLabs?
ChrysaLabs has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ChrysaLabs raised?
ChrysaLabs has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did ChrysaLabs last raise money?
ChrysaLabs's most recent round on record is a Series A, in May 2023.
What does ChrysaLabs do?
Founded in 2017 in Montreal, Canada, ChrysaLabs Inc.
Where is ChrysaLabs headquartered?
ChrysaLabs is headquartered in Montreal, Canada.
Which VCs invest in companies like ChrysaLabs?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back agribusiness companies at ChrysaLabs's stage. Their profiles are linked below.
VCs backing agribusiness startups at Series A
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