# Eio Diagnostics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eio-diagnostics

- Industry: Agribusiness
- Headquarters: Duncan, Canada
- Website: www.eiodiagnostics.com
- Latest round: Seed (Aug 2, 2021)
- Investors on record: 2

## About

Eio Diagnostics specializes in agricultural technology, providing innovative solutions for dairy farmers through advanced sensor and machine learning systems aimed at improving herd health.Founded in 2017, Eio Diagnostics operates out of Duncan, Canada, focusing on technology that enhances dairy farm operations. The company was established by Tamara Leigh, who has a background in founding other ventures. Eio Diagnostics has closed 4 funding deals, with the most recent round occurring on June 1, 2023, where it raised USD 1.70 mn from the investor Nebraska Angels, making this the total amount raised.Eio Diagnostics offers the UdderHealth™ Mastitis system as its flagship product, which employs advanced sensors and machine learning technology to proactively detect signs of mastitis infections in dairy cows. This system identifies potential infections days before physical symptoms become apparent in the udder or milk, providing dairy farmers with timely insights to enhance herd health management. The UdderHealth™ system delivers results in under a second, eliminating the need for sample collection from milk or the cow, and integrates seamlessly into existing farm workflows. The product serves a broad client base primarily across North America and parts of Europe, focusing on improving the efficiency and profitability of dairy operations through enhanced udder health monitoring.Eio Diagnostics generates revenue through direct sales of the UdderHealth™ Mastitis system to dairy farms, with a structured pricing model that includes options for both one-time purchases and potential subscription services for ongoing support and software updates. This transactional structure fosters long-term relationships with clients, allowing for seamless integration of the system into daily farm operations. As dairy farms increasingly seek innovative solutions to improve herd health and productivity, Eio Diagnostics aligns its revenue model with the needs of its customers, contributing to the trend towards digital agriculture where efficiency and proactive health monitoring are paramount in driving farm profitability.Eio Diagnostics aims to further develop its product offerings, focusing on new solutions that enhance dairy farm operations. The company is targeting expansion into new markets in Europe by the end of 2024. The recent funding of USD 1.70 mn raised on June 1, 2023, from Nebraska Angels will support these initiatives, facilitating market entry and development of new products.

## Funding rounds

- Seed, Aug 2, 2021 — SOSV
- Seed, Sep 22, 2017 — SOSV, Food-X

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- Food-X — Seed