Innova Ag Innovation Fund IV Leads Seed Round for AgriSync

May 31, 2018

Mobile collaboration and customer support software developer AgriSync Inc., has raised Seed funding from venture investors Innova Memphis via its Innova Ag Innovation Fund IV. Innovation in Motion (iiM), Innovative Livestock Services, Ag Ventures Alliance, Twelve 19 Ventures, Farm Journal and others also joined the round. The funding will be put to use expanding the company’s marketing, sales, and product enhancement efforts.

AgriSync software allows OEMs and distributors serving farmers to see, solve, and track support issues. The application is cloud-based, mobile-first,  and video-first for any device.

Casey Niemann, AgriSync’s president and CEO, commented on the funding, saying, “We are thrilled with the investor response we received and how this additional capital will enable us to expand our marketing, sales and product enhancement efforts. Our early customer growth has been significant in the equipment, precision agriculture and agronomy service contexts and with emerging firms using world class service innovation to drive product adoption.”

Looking forward he added, “We are fortunate to have AgriSync subscribers in several countries. We will continue to focus on expanding our position as an integral element of our clients’ farmer service and support solutions, providing an almost immediate payback to them and the farm operations they support.”

As part of the deal, Innova Partner Dean Didato joins AgriSync’s board of directors. Other directors are Lee Borck, Chairman of Innovative Livestock Services, and Niemann.

“The AgriSync founding team is addressing a key success factor under-appreciated by casual observers — the critical role effective service, support and expertise plays in farming today,” Didato said. “We continue to be impressed by the team’s laser focus, their ability to develop and rollout software with capital efficiency, and the loyal customer base they are building. Farmers and their off-farm experts need solutions like those AgriSync provides in their arsenal and we are very pleased to be able to support this team.”

By David Nitchman, GAI Media

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