# Ixorigue Technologies, SL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ixorigue-technologies-sl

- Industry: Software
- Headquarters: Madrid, Spain
- Website: www.ixorigue.com
- Total disclosed funding: $1.2M
- Latest round: Seed (Jul 27, 2021)
- Investors on record: 1

## About

Ixorigue Technologies, SL specializes in digital management solutions for beef cattle farming, enhancing operational efficiency and animal welfare through innovative technology.Founded in 2019 and headquartered in Madrid, Spain, Ixorigue Technologies, SL focuses on providing digital solutions for livestock management. The company successfully raised EUR 1 million in a Seed round led by Finaves on July 27, 2021. Ixorigue was created by a team with a strong interest in agricultural technology, although specific founder details are not disclosed. The company has executed one deal to date and does not have any reported subsidiaries or parent companies.Ixorigue offers a comprehensive digital management solution tailored specifically for beef cattle farming, designed to optimize farm operations and enhance animal welfare. The core product includes a mobile application that provides farmers with real-time access to essential livestock data, such as veterinary records, reproduction management, and weight gain tracking. This application enables users to monitor individual animal health, manage breeding schedules, and analyze productivity metrics to make informed decisions that maximize farm efficiency. The service has been adopted by family cattlemen and livestock managers primarily in Europe, with a growing interest in regions where digital transformation in agriculture is becoming increasingly important. By utilizing advanced features like GPS geolocation collars, Ixorigue helps farmers gain insights into animal behavior and location, thereby preventing health issues and improving overall livestock management.In the most recent year, 2023, Ixorigue Technologies, SL reported revenue of EUR 217,356.60 and an EBITDA of EUR -210,514.90. The company generates revenue through a subscription-based model, where clients pay for access to its suite of digital tools and services, which include features like veterinary record management and breeding schedules critical for maintaining livestock health.Ixorigue Technologies, SL plans to utilize the EUR 1 million raised in the Seed funding round to enhance product development and expand its commercial team. The company aims to strengthen its market position within Spain while also targeting international expansion into new markets, although specific regions have not been disclosed. Continued support from recent funding will facilitate these growth initiatives, enabling Ixorigue to introduce new features and improve service offerings.

## Funding rounds

- Seed, Jul 27, 2021, $1.2M — Finaves

## Investors

- Finaves (https://capitalatlas.ai/funds/finaves) — Seed