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Home 🌿 Cannabis Technology News 🌿 Agrilyst raises $1M seed round for its indoor agriculture analytics service 🌿Agrilyst raises $1M seed round for its indoor agriculture analytics service
Agrilyst, the winner of our TechCrunch Disrupt SF 2015 Battlefield competition, today announced it has raised a $1 million seed round for its indoor agriculture analytics service.
The round was led by Brooklyn Bridge Ventures with participation from Metamorphic Ventures and a number of angel investors and seed funds, including the co-founders of QuickFire, another Battlefield company that was later acquired by Facebook.
As Agrilyst co-founder Allison Kopf told me, the funding round was oversubscribed. She attributed the interest from investors to the fact that the company combines agriculture — something investors are interested in but typically know little about — with the more traditional concept of a Software-as-a-Service business and data analytics.
The company, which is now about a year old, currently has six employees. When it launched at Disrupt SF, the company had only finished building a basic beta version of its product.
Now, six months later, the company is launching a new version...
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