Web Service Software Company

OnFarm Systems Inc.

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Funding Goal $500,000
Funding Raised So Far $800,000
Funding Commitments $0
Funding Remaining $0
Funding Type Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Company Overview


OnFarm’s cloud-based agriculture management software enables near plug-n-play adoption of hardware and data solutions from industry-leading companies.

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Business Summary


Company Age 10 years, 4 months
Employees 11
Sub-Industry Technical & System Software
Prior Year Revenue
Current Year Revenue
Next Year Revenue

Products/Services


Subscription Accounts

OnFarm is a subscription service that integrates the data growers need to make management decisions on a daily basis. The system (dashboard) provides decision and productivity tools, alerting, mapping/GIS, and agrononic information displayed in chart form. The system is capable of integrating information from numerous unrelated data sources and companies on an fully automated basis.

Enterprise Accounts

Currently in the planning phase, we will develop an enterprise application suitable for very large aggregated growing operations to monitor and manage their contracted growers. In this service large entities can model high performing growers, develop private growing models around their operation and then provide tools to lower performing growers, thus bringing up the average production of their operation.

Model Marketplace

We are in the planning stages of a model marketplace. When complete it will allow both private and public model creation and the publication of those models for subscription by OnFarm customers. Currently, many researchers (from individuals to universities) develop specialized models related to activities from nutrients through irrigation scheduling but there are no tools to deploy such models in a system that will help enforce the guidelines. Producers of models will be able to publish them in OnFarm, set a subscription price, and receive income from subscribed users. (Similar to app stores)

Data Analysis

We are currently working with SAP's HANA division to develop this business case.

The first opportunity is to provide detailed correlation between yield and costs. This will allow customers to analyze how they can manage certain cost factors (such as water, fertilizers, pesticides) compared to expected yields for their region, soil types, and projected weather patterns. Additional patterns and predictability are expected to be discovered once all the data is collected and correlated.
To date, no entity has brought all this data together for analysis.

The second opportunity is to sell ana

Management


Lance Donny
Chief Executive Officer
Lance Donny

Lance brings nearly 20 years of business management, ag services management, and capital formation experience. Previously Lance worked in senior management in organizations ranging in size from VC backed startups to Fortune 500. He has a broad range of expertise including management, strategy, finance, and technology.

During his years Lance has worked with dozens of well-run, distressed, startup, and growing companies to assist in establishing strategic direction, market validation, business growth, corporate formation, execution planning, capital formation, sales and marketing, and problem resolution.

Kurt Loeprich
Chief Technology Officer
Kurt Loeprich

We found that there was a large volume of raw data available from sensors, controllers, monitors, and other systems, but having the data in multiple locations made it hard for growers to use.

So we got to work, pioneering the concept of building the first solution that integrates data into a single, grower-friendly platform. OnFarm was born as a unique farm management tool that displays and analyzes data from many different sources in a single, easy-to-use application. More importantly, it turns that data into valuable information, aiding growers, and their trusted advisors in making sound, science-based decisions in near real-time.

To find out if this company and others are accepting funding, .

Funding Goal $500,000
Funding Raised So Far $800,000
Funding Commitments $0
Funding Remaining $0
Funding Type Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Documents


Contact


OnFarm Systems Inc.

Fresno, CA 93727, US

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