Monarch Tractor
Latest round
- Series C
Last raised
- Jun 2024
Total raised
- $185M
Investors
- 11
About Monarch Tractor
, doing business as Monarch operates as a tractor technology company that offers a range of smart electric tractors that offer sustainable farm management and actionable data-driven farming insights. The company was co-founded by CEO Praveen Penmetsa, CFO Carlo Mondavi, President Mark Schwager, and CTO Zachary Omohundro. Zimeno, Inc. runs on artificial intelligence that can operate without a driver. The tractor is equipped with sensors and cameras to implement, identify and eliminate plant ailments and estimate yields that enable farmers to enhance the existing growing operations, reduce costs, and increase the yield. The Monarch MK-V tractor is an electric, autonomous vehicle that is driver-optional and integrates data-driven features for improved farm management. The MK-V helps reduce operational costs and offers increased productivity with autonomous operations. Moreover, Monarch's WingspanAI app provides real-time remote monitoring and control of tractor operations, performance analytics, and maintenance diagnostics. The tractor is suitable for various farming environments, including vineyards, orchards, and dairy farms, and is designed to promote safety, reduce emissions, and optimize farm profitability. Monarch offers two pricing plans for its WingspanAI solutions: Monarch Connect at USD199/month per tractor for real-time alerts and insights, and Monarch Automate at USD 699/month per tractor for automated operations.
Who invested in Monarch Tractor
11 investors across 3 rounds
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Questions about Monarch Tractor
Who invested in Monarch Tractor?
Monarch Tractor has 11 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Monarch Tractor raised?
Monarch Tractor has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Monarch Tractor last raise money?
Monarch Tractor's most recent round on record is a Series C, in Jun 2024.
What does Monarch Tractor do?
, doing business as Monarch operates as a tractor technology company that offers a range of smart electric tractors that offer sustainable farm management and actionable data-driven farming insights.
Where is Monarch Tractor headquartered?
Monarch Tractor is headquartered in Livermore, US.
Which VCs invest in companies like Monarch Tractor?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back agribusiness companies at Monarch Tractor's stage. Their profiles are linked below.
VCs backing agribusiness startups at Series C
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