# Pheronym

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pheronym

- Industry: Chemicals
- Headquarters: Gainesville, US
- Website: www.pheronym.com
- Total disclosed funding: $1M
- Latest round: Seed (May 12, 2021)
- Investors on record: 3

## About

Pheronym, Inc. focuses on innovative nematode pheromone technology that enhances agricultural pest management through biopesticides, offering targeted solutions for effective pest control.Pheronym, Inc. was founded in 2017 in Gainesville, US. The company specializes in developing nematode pheromone technology for agricultural pest management. The founders, Fatma Kaplan and Karl Schiller, established the company to create effective biopesticides. Pheronym has successfully completed 6 deals, with its most recent deal occurring on May 12, 2021, during which it raised USD 240,000 in Seed funding led by Sacramento Angels. This funding represents the total amount raised by the company to date.Pheronym® specializes in nematode pheromone technology aimed at enhancing agricultural pest management through innovative biopesticides. Their core product offerings include Nemastim™, Pherocall™, and Pherocoat™, designed to manipulate nematode behavior for controlling agricultural pests effectively. Nemastim™ directs the dispersal and infectivity of beneficial nematodes, improving efficacy against soil-dwelling insect pests. Pherocall™ and Pherocoat™ target plant-parasitic nematodes by repelling them and indicating that host plants are already infected, preventing further damage. These products cater to various agricultural settings, including pecan and peach orchards, serving a diverse client base that encompasses farmers, pest control advisors, distributors, and agricultural professionals primarily across North America and select markets in Europe and Asia.Pheronym® generates revenue through direct sales of its proprietary biopesticide products to agricultural professionals and distributors. The transaction structure is primarily B2B, where customers, including farmers and pest control advisors, engage in direct purchasing agreements for flagship products such as Nemastim™, Pherocall™, and Pherocoat™. These products are typically sold as part of larger pest management solutions, potentially bundled with consultation services, ensuring a consistent revenue stream while fostering long-term relationships with their clientele.In May 2021, Pheronym, Inc. raised USD 240,000 in Seed funding led by Sacramento Angels to support the industrial-scale deployment of their solutions, contributing to a significant increase in sustainable agriculture. The company plans to utilize these funds for developing new products and expanding into new geographic markets. Specific targets for expansion include increasing their presence in Europe and Asia within the next two years.

## Funding rounds

- Seed, May 12, 2021, $0.2M — Sacramento Angels
- Seed, Apr 25, 2021, $0.8M — Thrive
- Seed, Mar 30, 2017 — SOSV

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- Thrive (https://capitalatlas.ai/funds/thrive) — Seed
- Sacramento Angels (https://capitalatlas.ai/funds/sacramento-angels) — Seed