# Concentric Ag Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/concentric-ag

- Industry: Agribusiness
- Headquarters: Denver, US
- Website: www.concentricag.com/
- Total disclosed funding: $61M
- Latest round: Series B (Apr 19, 2018)
- Investors on record: 6

## About

Concentric Ag Corporation is a US-based company focused on developing innovative agricultural technologies that enhance soil health and improve crop yields through advanced microbial consortia.Founded in 2007 and headquartered in Denver, US, Concentric Ag Corporation specializes in agricultural technologies aimed at improving crop management. The company has successfully completed 8 deals, with the latest funding being raised in April 2018, amounting to USD 15.9 mn in a Series B round, led by investors including Cycle Capital Management and TPG.Concentric Ag focuses on developing innovative agricultural technologies that enhance soil health and improve crop yields, primarily through its proprietary microbial consortia technology. This technology integrates various beneficial bacteria and yeasts to create biological products that serve as powerful soil and plant boosters. These products address critical challenges in agriculture, enhancing farmer livelihoods and mitigating the environmental impact of farming practices. The company markets its products across North America and into international markets, specifically targeting regions adopting modern agricultural practices to improve food security.Concentric Ag's revenue model revolves around direct sales of its specialty biological products to farmers and greenhouse operators. The company engages in B2B transactions, establishing partnerships with agricultural distributors and retailers to facilitate product access for end-users. Revenue is generated through the sale of its high-performance microbial products, marketed as effective solutions for enhancing crop yields and replenishing soil health. While specific pricing plans are not disclosed, the company’s offerings likely include subscription models for ongoing support, ensuring consistent availability of their biological optimizers.In April 2018, Concentric Ag Corporation raised USD 15.9 mn in Series B financing to support its growth initiatives. The company plans to develop and launch new products aimed at enhancing soil and crop health. Additionally, Concentric Ag is targeting expansion into international markets to further its reach and impact. The recent funding will be utilized to accelerate product development and bolster market entry strategies.

## Funding rounds

- Series B, Apr 19, 2018, $16M — TPG, Pontifax Venture Capital, Cycle Capital Management, Desjardins Capital
- Series B, Jan 8, 2018, $9.7M — Pontifax Venture Capital, Cycle Capital Management, Desjardins Capital
- Series B, Mar 28, 2017, $29M — TPG, Cycle Capital Management, Desjardins Capital, Closed Loop Capital
- Series A, Jun 1, 2016, $6M — Cycle Capital Management, Desjardins Capital, Red Metal Capital, Closed Loop Capital

## Investors

- Cycle Capital Management (https://capitalatlas.ai/funds/cycle-capital-management) — Series A, Series B
- Desjardins Capital (https://capitalatlas.ai/funds/desjardins-capital) — Series A, Series B
- Red Metal Capital — Series A
- Closed Loop Capital (https://capitalatlas.ai/funds/closed-loop-capital) — Series A, Series B
- TPG (https://capitalatlas.ai/funds/tpg) — Series B
- Pontifax Venture Capital (https://capitalatlas.ai/funds/pontifax-venture-capital) — Series B