Trace Genomics

AgribusinessSeries BAmes, UStracegenomics.com

Latest round

Series B

Last raised

Oct 2023

Total raised

$35M

Investors

11

About Trace Genomics

Trace Genomics, Inc. is a US-based company specializing in soil intelligence solutions., founded in 2015 and headquartered in Ames, US, offers advanced soil intelligence solutions.Trace Genomics specializes in advanced soil intelligence solutions through its flagship product, TraceCOMPLETE™. This comprehensive tool leverages actionable data to provide growers and agronomists with insights into soil biology, enabling informed decision-making for product placement and farming practices. The primary end-users include agricultural producers, agronomy professionals, and retailers, who utilize this technology to optimize crop yields, enhance sustainability, and drive profitability. The company offers its services across various geographical markets, including North America, and is particularly focused on enhancing agricultural productivity through scientifically backed soil assessments.The revenue structure of Trace Genomics is built around the sale of its TraceCOMPLETE™ diagnostic services and technological tools, typically transacted through partnerships with agricultural retailers and direct sales to agronomy professionals. Clients engage in transactions based on subscription models or one-time diagnostic purchases, allowing for ongoing support and updates on soil intelligence. The pricing plans are structured to accommodate various service levels, catering to the needs of different agricultural operations. As clients utilize TraceCOMPLETE™, they receive tailored recommendations on products and practices aimed at maximizing soil health and crop yield.Trace Genomics, Inc. The company is focused on developing new features for TraceCOMPLETE™, targeting a launch in the coming year. Additionally, Trace Genomics aims to expand its services into new geographic markets, specifically targeting regions within Europe and South America by the end of 2025.

Who invested in Trace Genomics

11 investors across 5 rounds

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Funding rounds

  1. Series B

    Oct 4, 2023

    Amount

    $8.8M

    Investors

    Locked

  2. Series B

    May 20, 2020

    Amount

    $14M

    Investors

    Locked

  3. Series A

    Jun 6, 2019

    Amount

    $3M

    Investors

    Locked

  4. Series A

    Nov 13, 2018

    Amount

    $4.8M

    Investors

    Locked

  5. Seed

    Jul 13, 2016

    Amount

    $4M

    Investors

    Locked

Questions about Trace Genomics

Who invested in Trace Genomics?

Trace Genomics has 11 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Trace Genomics raised?

Trace Genomics has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Trace Genomics last raise money?

Trace Genomics's most recent round on record is a Series B, in Oct 2023.

What does Trace Genomics do?

Trace Genomics is a agribusiness company.

Where is Trace Genomics headquartered?

Trace Genomics is headquartered in Ames, US.

Which VCs invest in companies like Trace Genomics?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back agribusiness companies at Trace Genomics's stage. Their profiles are linked below.

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