Smartwyre Raises $10.5M in Series A Funding

Smartwyre

Smartwyre, a Denver, CO-based provider of an agtech digital platform, raised $10.5M in Series A funding.

The round was led by High Alpha Capital with participation from existing investors Anterra Capital, Fall Line Capital, Revolution’s Rise of the Rest fund and Cavallo Ventures.

The company intends to use the funds to expand commercial, product development and engineering teams, make enhancements to its platform, and and invest in existing customer relationships.

Led by Founder and CEO John Brubaker, Smartwyre provides a platform that provides real-time product, price, and rebate data for farm input manufacturers, distributors and retailers. The system gives access to insights from cost management to commercial pricing, improving industry profitability and preventing mismatches between production levels and the actual farmer demand.

The company is headquartered in Denver, with additional commercial and engineering teams in North Carolina and London, UK. Smartwyre has mid-term plans to launch commercial operations in Europe and Latin America.

FinSMEs

10/09/2021