Persistence Data Mining

La Jolla, CA 92037, US
Materials
Persistencedata.com

Persistence Data Mining serves the agricultural industry by advancing precision soil mapping technology to support proactive and efficient fertilizer use. Advancing Technology to grow in a profitable and environmental manner is our goal!

Persistence Data Mining is developing a non-intrusive remote survey system for large tracks of open farmland. Our cutting-edge soil mapping technology will serve the precision agricultural industry by improving fertilizer application and efficiency. Our technology will help farmers increase crop yields, optimize input costs, and improve environmental protection.
This standard-setting innovation in soil management technology will revolutionize fertilizer efficiency with increased crop yields, optimized input costs, and improved environmental protection.

Our patent pending process and proprietary algorithms are designed to detect a wide-range of specific minerals and ground elements including key agricultural soil nutrients such as Nitrogen, Phosphorus and Potassium.

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Summary

Prior Year Revenue Current Year Revenue Next Year Revenue
Company Age Employees Sub-Industry
2 years, 10 months 12 Other Materials
Company Type Stock Exchange Stock Symbol
Privately-Held - -

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Nutrient mapping for agriculture

Persistence Data Mining will survey and collect detailed hyperspectral images of agricultural soil. The soil data collected will be used to provide precision soil mapping information just prior to applying fertilizer inputs, the most critical and effective time in the farming crop cycle. Persistence’s proactive data will enable our clients to proactively manage their soil nutrients while their competitors rely on outdated, time-consuming, reactionary methods such as satellite-based infrared imaging and traditional soil core gathering and analysis. Our revolutionary innovation to proactive soil and nutrient management will impact the efficacy of nutrient prescription maps that farmers rely on to plan and implement their seasonal fertilizer and crop nutrient applications.

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Chief
Brian Zamudio

Brian ZamudioA motivated, self-starter with a savvy business sense and the ability to adjust quickly to market changes. “I enjoy building businesses that create solutions for niche industries while maximizing investor return.” Brian has extensive experience in fundraising, North American Imports and Exports, natural resources, mining, technology funding & development, joint ventures, debt and equity financings, and financial brokerage. Brian has served as Executive Vice President, Secretary and Treasurer, Chief Operating Officer, and Chief Executive Officer. He has participated in fundraising and consulting for a number of successful ventures including: Tonogold, Persistence Data Mining, Point Loma Partners, Prospect Uranium, Vidbox, Nery's Logistics, and US Tobacco. As an investor he has participated in a number of start-ups which he continues to consult on and participate with the management and financing goals.

Chief Technology Officer
Chris Todter

Chris TodterChris has over 30 years of experience providing consulting and engineering contract services in a wide variety of positions in compressed sensing, engineering, electronics, optical, naval architecture, developing hydro dynamics, aerodynamics and mechanics aerodynamics, software, strategy and management. His work focuses on hydrodynamics, acoustics, and statistical and performance analysis for projects such as the America One Syndicate, the Earthship Deep Challenge, BMW Oracle Racing, and Ocean Aero. He holds a BSEE from the University of Michigan.

Chief Operating Officer
Penelope Nagel

Penelope NagelPenelope is a 9th generation farmers and brings extensive experience with asset management, project management, funding, commercial and private money lending, credit management, and consumer finance with leading global banks such as HSBC and Santander. Penelope is skilled at process reengineering to improve profitability and loss mitigation. Penelope received her MBA from the University of Phoenix in 2006 and holds a BA degree in Economics from San Diego State University.

Chief Financial Officer
Henry Bonner

Henry BonnerHenry brings broad experience gained from investing in, managing and advising finance and technology companies for GE Capital and MetLife. Henry has served as CFO, Corporate Counsel, and led operations and management for several industry startups including specialty finance, cross-border stored value cards and financial technology, software, and healthcare. He holds a JD from the University of Connecticut School of Law, a BA in German from Wesleyan University, and an MBA in Finance and Economics with a concentration in International Business from New York University's Stern School.

Funding

68%

Funding Goal$1,000,000

Funding Raised So Far$680,000

Funding Commitments

Funding Remaining$320,000

Funding TypeEquity

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