Bountiful

An Operating System for agriculture.

San Francisco, United States · Founded 2015 · $120K raised

Employees
1–10
Founded
2015
Total Funding
$120K
Last Round
$120K SeedOct 2017
Rounds
1

About

We’re on a mission to optimize the agricultural industry. When we started Bountiful in 2015, the grape error rate for predicting production was 30 percent. Why? We found that many farmers in the specialty crops space were still using traditional pencil-and-paper techniques to predict yield. These low-fidelity forecasting methods weren’t giving them a clear enough understanding of their production until it was too late, leading to waste and inefficiency throughout the supply chain. We saw a problem we wanted to solve. Today, Bountiful is using advanced data science to help farmers forecast more accurately, so they can make better decisions. In the last three years, we’ve combined the latest in machine learning with weather, satellite, geographic, and historical data. The result is a user-friendly platform that transforms volumes of complex agricultural information into simple, actionable insights farmers can use to run more economically and environmentally sustainable farms. More recently, we’re working to open the dialogue between buyers and sellers, remove uncertainty, and provide clarity to the supply chain to meet global food demand. Our ultimate goal is to close the agricultural margin of error. Not only will this make individual farms more efficient, profitable, and sustainable, but it will help optimize the global food supply chain. That means healthier people and a healthier planet.

Summary

Bountiful is an Agtech company based in San Francisco, United States, founded in 2015. It has raised $120K in total across 1 round, most recently a $120K Seed round in Oct 2017. Investors include Correlation Ventures, Y Combinator and Precursor Ventures.

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Funding History

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