Advanced Agrilytics Company Profile

Background

Overview

Advanced Agrilytics is an agronomic services company specializing in precision agriculture through data-driven, sub-acre level analysis. Founded in 2013 and headquartered in Huntington, Indiana, the company leverages advanced digital capabilities to provide growers with independent, sophisticated, and robust input recommendations and operational advice. By focusing on major inputs and in-crop decisions, Advanced Agrilytics aims to enhance crop resilience, maximize profitability, and promote sustainability.

Mission and Vision

The company's mission is to revolutionize precision agriculture by delivering unbiased agronomic recommendations and personalized service. Its vision is to empower growers with the tools and insights needed to optimize crop management and input usage, thereby improving yield consistency and long-term sustainability.

Industry Significance

Operating within the agricultural technology sector, Advanced Agrilytics addresses the growing need for data-driven solutions in farming. By providing sub-acre environmental analysis, the company offers insights that help farmers make informed decisions, leading to improved productivity and resource efficiency.

Key Strategic Focus

Core Objectives

• Precision Agronomy: Delivering tailored agronomic prescriptions based on detailed field data analysis.

• Sustainability: Promoting practices that enhance long-term environmental and economic sustainability for growers.

• Profitability: Maximizing return on investment through optimized input usage and improved crop yields.

Areas of Specialization

• Sub-Acre Analysis: Examining fields as collections of microenvironments to provide precise recommendations.

• Nutrient Management: Developing strategies for efficient nutrient application to reduce waste and enhance uptake.

• Risk Management: Utilizing data to help growers mitigate risks associated with variable weather and market conditions.

Key Technologies Utilized

• TerraFraming™ Platform: A proprietary spatial analysis system that generates sub-acre agronomic prescriptions informed by microenvironmental data such as soil composition, cation exchange capacity (CEC) levels, water flow, soil moisture, and nutrient distribution.

• Spatial Critical Level Algorithm: An algorithm that enables nutrient plans responsive to soil moisture variability and field topography, enhancing nutrient uptake efficiency.

Primary Markets Targeted

• Midwestern United States: Serving progressive farmers across the Midwest, particularly those managing multi-generational family farms or scaling up into new technologies.

Financials and Funding

Funding History

• Total Funding: Approximately $24.7 million.

• Recent Funding Round: Private Equity Round led by Paine Schwartz Partners on September 18, 2019.

Notable Investors

• Paine Schwartz Partners: A global leader in sustainable food chain investing, providing strategic capital and industry expertise to support Advanced Agrilytics' growth initiatives.

Utilization of Capital

The capital raised has been utilized to enhance technological capabilities, expand service offerings, and support strategic partnerships aimed at scaling the company's impact in the precision agriculture sector.

Pipeline Development

Key Initiatives

• TerraFraming™ Platform Expansion: Ongoing development to refine and expand the capabilities of the TerraFraming™ platform, enabling more precise and scalable agronomic prescriptions.

• Strategic Partnerships: Collaborations with industry leaders like Mutiny Crop Performance to integrate Advanced Agrilytics' methodologies into broader agricultural solutions.

Target Conditions

• Variable Weather: Addressing challenges posed by unpredictable weather patterns through data-driven risk management strategies.

• Nutrient Efficiency: Improving nutrient application to enhance crop yields and reduce environmental impact.

Anticipated Milestones

• Platform Enhancements: Continuous updates to the TerraFraming™ platform to incorporate the latest agronomic research and technological advancements.

• Partnership Outcomes: Measurable improvements in crop resilience and profitability for growers through strategic collaborations.

Technological Platform and Innovation

Proprietary Technologies

• TerraFraming™ Platform: A spatial analysis system that examines fields as collections of microenvironments, providing tailored agronomic prescriptions.

• Spatial Critical Level Algorithm: An algorithm that enables nutrient plans responsive to soil moisture variability and field topography, enhancing nutrient uptake efficiency.

Significant Scientific Methods

• Sub-Acre Environmental Analysis: Utilizing detailed field data to create precise agronomic prescriptions.

• Predictive Agronomic Methodology: Employing data-driven approaches to forecast and mitigate risks associated with variable weather and market conditions.

Leadership Team

Key Executives

• Kess Berg: Chief Executive Officer (CEO) and Co-Founder. With a background in agronomy and technology, Kess has been instrumental in developing the company's precision agriculture methodologies.

• Josh Meyer: Chief Financial Officer (CFO). Josh oversees the company's financial strategy and operations, ensuring sustainable growth and profitability.