# SwineTech

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

- Industry: Software
- Headquarters: US
- Website: www.swinetechnologies.com
- Total disclosed funding: $6.3M
- Latest round: Series A (Mar 13, 2020)
- Investors on record: 7

## About

SwineTech, Inc. specializes in innovative swine management solutions, providing software that enhances operational efficiency for pork production facilities globally.SwineTech, Inc. was founded in 2015 in the United States and focuses on developing advanced technology for swine operations. The company has participated in 4 deals as of March 13, 2020, when it raised USD 5.000 mn in a SERIES A funding round, with contributions from investors including Ag Ventures Alliance, Berkeley Catalyst Fund, Innova Memphis, Johnsonville Ventures, Quake Capital Partners, and SVE Capital. Matthew Rooda serves as the CEO.SwineTech's core product, PigFlow, is a comprehensive workforce and swine management software designed to enhance the operational efficiency of pork production facilities. Released with the aim of optimizing production processes, PigFlow enables users to create standard operating procedures (SOPs), assign priority-based tasks, and monitor team performance in real-time. The software includes features such as customizable daily schedules, a management dashboard, and a messaging tool that facilitates communication among team members, including translation capabilities for multiple languages. Targeted primarily at pork producers, PigFlow serves a diverse client base globally, including farms in the United States, Canada, and various international markets, striving to improve animal care, reduce mortality rates, and enhance overall productivity in swine operations.SwineTech generates revenue through a subscription model for its flagship product, PigFlow, which encompasses a range of pricing tiers depending on the scale of the operation and specific feature sets required by the client. This business model enables agricultural enterprises to engage in direct-to-consumer transactions while also facilitating partnerships with larger swine production operations. Revenue is derived from the sale of the software as a service (SaaS), where clients pay for access to PigFlow's capabilities, including data analytics and performance monitoring tools. The company also offers support services to assist clients in the implementation and management of the software, further fostering long-term relationships with pork producers and enhancing operational compliance across their facilities.In March 2020, SwineTech, Inc. raised USD 5.000 mn in SERIES A funding co-led by new investors Innova Memphis and Johnsonville Ventures, with participation from other investors including Berkeley Catalyst Fund and SVE Capital. This funding will support the development of new product features and enhancements for PigFlow, aimed at further improving operational efficiencies in pork production. Additionally, the company plans to expand into key markets across North America and Europe by 2023, leveraging its recent investment to enhance its marketing and operational outreach.

## Funding rounds

- Series A, Mar 13, 2020, $5M — Innova Memphis, Ag Ventures Alliance, Quake Capital Partners, Berkeley Catalyst Fund, SVE Capital, Johnsonville Ventures
- Series A, May 24, 2017, $1.3M — Ag Ventures Alliance, Quake Capital Partners, Iowa Startup Accelerator

## Investors

- Ag Ventures Alliance (https://capitalatlas.ai/funds/ag-ventures-alliance) — Series A
- Quake Capital Partners (https://capitalatlas.ai/funds/quake-capital-partners) — Series A
- Iowa Startup Accelerator (https://capitalatlas.ai/funds/iowa-startup-accelerator) — Series A
- Innova Memphis (https://capitalatlas.ai/funds/innova-memphis) — Series A
- Berkeley Catalyst Fund (https://capitalatlas.ai/funds/berkeley-catalyst-fund) — Series A
- SVE Capital (https://capitalatlas.ai/funds/sve-capital) — Series A
- Johnsonville Ventures (https://capitalatlas.ai/funds/johnsonville-ventures) — Series A