# Gro Intelligence

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gro-intelligence

- Industry: Software
- Headquarters: New York, US
- Website: www.gro-intelligence.com
- Total disclosed funding: $87M
- Latest round: Series B (Jan 8, 2021)
- Investors on record: 7

## About

Gro Intelligence, Inc., based in the US, provides data-driven solutions focused on enhancing agricultural intelligence and operational efficiency for various sectors globally.Founded in 2014 in New York, US, Gro Intelligence, Inc. specializes in agricultural data analytics. The firm has successfully completed 6 investment deals, with its most recent transaction occurring on January 8, 2021. In this round, the company raised USD 78.26 mn in Series B funding led by Africa Internet Holding GmbH and Intel Capital, among others. The total amount raised by the company reaches USD 78.26 mn, resulting in a current valuation of USD 622.60 mn. The co-founders, Nemo Semret and Sara Menker, have a strong background in tech and data analysis, with Sara Menker currently serving as CEO.Gro Intelligence, Inc. offers a comprehensive suite of products and services designed to address diverse market challenges, focusing on agricultural data solutions. Their offerings enhance operational efficiency and cater to businesses in technology, retail, and healthcare sectors, targeting both small to medium-sized enterprises and large corporations. The company operates across North America, Europe, and select Asian markets, ensuring a strong global presence.The company's revenue model is centered around subscription services and partnerships with B2B clients, primarily through multi-year contracts. Clients subscribe to core services and receive ongoing support and updates. The tiered pricing structure allows for different service levels tailored to clients' needs, with flagship products driving significant revenue. Additionally, the company collaborates with distributors and resellers to broaden its market reach, emphasizing client retention and satisfaction to ensure stable revenue flow.Looking ahead, Gro Intelligence, Inc. aims to launch new products designed to tackle emerging agricultural data challenges, although specific release dates have yet to be announced. The company plans to expand into additional markets, targeting regions in Asia and Europe by the end of 2023. The recent Series B funding of USD 78.26 mn will support these initiatives, enhancing product development and market outreach efforts.

## Funding rounds

- Series B, Jan 8, 2021, $78M — Intel Capital, Granite Asia, DCVC, Africa Internet Holding GmbH, Schusterman Family Investments, Rethink Food
- Series A, Jul 24, 2017, $9M — TPG, DCVC

## Investors

- TPG (https://capitalatlas.ai/funds/tpg) — Series A
- DCVC (https://capitalatlas.ai/funds/dcvc) — Series A, Series B
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Series B
- Africa Internet Holding GmbH — Series B
- Schusterman Family Investments — Series B
- Rethink Food — Series B