# Gremon Systems Zrt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gremon-systems-zrt

- Industry: Software
- Headquarters: Budapest, Hungary
- Website: www.gremonsystems.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Jan 11, 2019)
- Investors on record: 1

## About

Gremon Systems Zrt. specializes in advanced agricultural monitoring solutions, providing innovative technology to enhance greenhouse productivity and sustainability for growers across various markets.Founded in 2012, Gremon Systems Zrt. is based in Budapest, Hungary, and focuses on agricultural monitoring technologies. The company has successfully secured funding in three deals, with its most recent Seed round on January 11, 2019, raising EUR 0.65 million from Hiventures. Led by CEO Zsolt Fábián, the company aims to improve agricultural practices through its data-driven solutions.Gremon Systems primarily offers advanced agricultural monitoring solutions through its flagship product, Trutina, a smart greenhouse monitoring platform designed to facilitate data-driven decision-making for greenhouse growers. This system utilizes high-frequency, accurate real-time monitoring to track various plant parameters, enabling users to optimize irrigation, climate control, and labor efficiency. By transforming raw data into actionable insights, Trutina helps growers enhance yields, mitigate risks, and improve overall crop quality. The company serves a diverse client base, including vegetable producers, soft fruit growers, and ornamental flower cultivators, across various geographic markets, including Europe, North America, and select regions in Asia.In 2023, Gremon Systems generated a revenue of EUR 694,341.20, with an EBITDA of EUR -83,727. The company primarily generates revenue through subscription-based models and direct sales of its monitoring solutions to B2B clients in the agricultural sector. Clients typically engage with the firm to implement the Trutina system, which involves initial setup fees followed by ongoing subscription payments for access to the platform and its analytics features, structured through service agreements for tailored support.Gremon Systems plans to leverage its recent Seed funding of EUR 0.65 million raised in January 2019 to enhance its product offerings and expand into new markets. The company is developing new features for Trutina, aimed at improving user experience and functionality. Furthermore, Gremon Systems is targeting expansion into specific regions, including North America and select parts of Asia, with plans to enter these markets by 2025.

## Funding rounds

- Seed, Jan 11, 2019, $0.7M — Hiventures
- Seed, Nov 8, 2017, $0.8M — Hiventures

## Investors

- Hiventures (https://capitalatlas.ai/funds/hiventures) — Seed
