Michigan Based Farming Dashboard Startup Company FarmLogs Raises $1 Million
FarmLogs is an Ann Arbor, Michigan based startup company and an alumni of Y Combinator. FarmLogs helps farmers manage their farms digitally. The company announced today that they have raised $1 million in a seed round of funding. This round of funding was co-led by Huron River Ventures and Hyde Park Venture Partners. Hyde Park Angels, Silicon Badia Ventures, and First-Step Fund also participated in this round as angel investors. The company will be using the funding to expand their team and further develop their mobile application for the 2013 planting season.
“We built a product that my family and other farmers were asking for. Our customers around the world tell us that they could never go back to the old way,” stated FarmLogs CEO and co-founder Jesse Vollmar. “We are on a mission to create world-changing innovation in agriculture. This funding allows us to accelerate our growth to help even more farmers take advantage of modern technology.”
FarmLogs helped modernize farming by enhancing farm data online. The company replaces traditional paper record keeping that farmers generally use. The data is also accessible through smartphones and web browsers. FarmLogs allows growers to plan and manage operations to increase their yield and profitability.
With FarmLogs, growers can plan, manage and analyze their farm’s operations in order to increase yield and profitability. The tool allows farmers to quickly forecast and measure profits, track expenses, and more efficiently schedule operations.
FarmLogs also helps row crop farmers that grow corn, soybeans, and wheat to save time and gain visibility. FarmLogs offers a dashboard that gives users a daily snapshot of the farm’s performance. They also have access to maps, calendars, weather conditions, market prices, etc. Field activities can be plugged into the web browser too.
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry