# Skycision

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

- Industry: Software
- Headquarters: Pittsburgh, US
- Website: www.skycision.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Mar 19, 2018)
- Investors on record: 1

## About

Skycision, Inc. delivers advanced agricultural technology solutions through aerial imaging and data analytics, empowering farmers to optimize crop management and enhance productivity.Skycision, Inc. was founded in 2015 and is headquartered in Pittsburgh, US. The company specializes in aerial imaging and data analytics to improve agricultural practices. Alec Assaad, the founder, has a background in technology development. In March 2018, Skycision raised USD 1.1 mn in Seed funding led by Innova Memphis, marking their first investment round.Skycision specializes in advanced agricultural technology solutions, focusing primarily on aerial imaging and data analytics to enhance crop management. Their core offerings include a drone-based platform that captures high-resolution imagery and utilizes machine learning algorithms to analyze crop health, soil conditions, and field variability. This technology assists farmers in making informed decisions regarding irrigation, fertilization, and pest control, ultimately aiming to improve yield and resource efficiency. Skycision serves a diverse clientele, including large-scale agricultural producers, cooperatives, and agronomists, primarily in the North American market. The company’s tools are designed to be user-friendly and accessible, catering to both seasoned agricultural professionals and emerging farmers looking to leverage technology for improved productivity.Skycision's revenue model is primarily based on a subscription service that provides clients with access to their data analytics platform and ongoing support. Clients typically engage in annual contracts that include varying tiers of service based on their specific needs, such as the frequency of aerial surveys and the level of data analysis required. Transactions are structured around B2B relationships, where agricultural enterprises pay for the service to receive actionable insights tailored to their operations. Flagship offerings may include premium analytics packages for comprehensive crop monitoring and tailored agronomic recommendations. While specific pricing details are not disclosed, the tiered subscription model allows clients to choose a plan that fits their operational scale and requirements.In March 2018, Skycision, Inc. raised USD 1.1 mn in Seed funding led by Innova Memphis, which will support the development of new products designed to enhance their data analytics capabilities. The company plans to expand into new geographic markets, specifically targeting regions in Europe and South America by 2020. This strategic growth is aimed at increasing their client base and enhancing the adoption of their technology among global agricultural producers.

## Funding rounds

- Seed, Mar 19, 2018, $1.1M — Innova Memphis

## Investors

- Innova Memphis (https://capitalatlas.ai/funds/innova-memphis) — Seed