# SAS itk

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sas-itk

- Industry: Software
- Headquarters: Clapiers, France
- Website: www.itk.fr
- Total disclosed funding: $7.3M
- Latest round: Series A (Dec 7, 2021)
- Investors on record: 2

## About

SAS itk, based in France, delivers innovative software solutions aimed at optimizing agricultural practices, enhancing profitability, and supporting decision-making for farmers and agricultural advisors.Founded in 2003 and headquartered in Clapiers, France, SAS itk specializes in agricultural analytics and decision-support tools. The company was established by Shane Carpenter and has since executed 4 deals, with its latest funding round, Series A, raising EUR 6.499 mn on 27 November 2023, led by EDF Group. The total amount raised by SAS itk stands at EUR 6.499 mn, with a current valuation of EUR 25.709 mn.ITK specializes in providing advanced agricultural analytics and decision-support tools aimed at enhancing the profitability and performance of agricultural producers and their advisors. Its core products include Vintel, which offers analyses for improving sustainability in agriculture, and FarmLife, focusing on livestock management by monitoring animal health and environmental conditions. The company serves a diverse clientele, including farmers, agricultural advisors, and distributors, primarily in France and various international markets, focusing on sustainable agricultural practices.ITK generates revenue through a subscription-based model for its software solutions, as well as partnerships with agricultural distributors and retailers. Clients subscribe to products like Vintel and FarmLife to access predictive analytics and monitoring services tailored to their operational needs. The pricing structure is adjusted according to the scale of agricultural businesses, and ITK also provides consulting and ongoing support, fostering long-term client relationships that help adapt to evolving agricultural challenges.In November 2023, INNOVAL acquired a majority stake in SAS itk from existing investors including EDF Group and StarQuest, which will enhance its strategies and livestock farming capacity. The recent acquisition will help SAS itk to expand its product offerings and enter new markets. Future growth plans include the launch of new products designed for precision agriculture and targeted expansions into additional European markets by 2025, utilizing the capital from the latest funding round to support development and market entry initiatives.

## Funding rounds

- Series A, Dec 7, 2021, $7.3M — EDF Group, StarQuest

## Investors

- EDF Group — Series A
- StarQuest (https://capitalatlas.ai/funds/starquest) — Series A