Arable Company Profile

Background

Overview

Arable is a San Francisco-based agricultural technology company founded in 2014. The company specializes in providing data-driven solutions to optimize agricultural practices, focusing on water stewardship and crop intelligence. Arable's mission is to enhance the value of water in agriculture by offering AI-driven irrigation optimization products that improve productivity while conserving water resources.

Mission and Vision

Arable's mission is to advance the state of the art in water stewardship through innovative technology, aiming to elevate the global appreciation for water's worth before resources become scarce. The company's vision is to empower farmers and enterprises with tools that enable efficient water use, leading to sustainable agricultural practices and improved crop yields.

Industry Significance

Operating within the agricultural technology (AgTech) sector, Arable plays a crucial role in addressing global challenges related to water scarcity and food security. By integrating Internet of Things (IoT) devices, machine learning, and advanced modeling, Arable provides actionable insights that help optimize irrigation, manage weather risks, and enhance overall farm productivity.

Key Strategic Focus

Core Objectives

Arable aims to:

Optimize irrigation practices to conserve water and improve crop yields.

Provide real-time, actionable insights into environmental conditions affecting agriculture.

Support sustainable farming practices through data-driven decision-making.

Areas of Specialization

The company specializes in:

In-field sensing and monitoring of weather, soil, and crop conditions.

Development of AI-driven irrigation optimization tools.

Providing agronomic advice based on comprehensive data analysis.

Key Technologies Utilized

Arable employs:

IoT devices for continuous environmental monitoring.

Machine learning algorithms for predictive analytics.

Advanced modeling techniques to interpret complex agricultural data.

Primary Markets Targeted

Arable's solutions are designed for:

Large agricultural enterprises seeking to optimize water use and improve sustainability.

Farmers and growers aiming to enhance productivity through data-driven decisions.

Researchers and agronomists requiring accurate field data for studies and trials.

Financials and Funding

Funding History

Arable has raised a total of approximately $72.8 million across multiple funding rounds.

Recent Funding Rounds

Series C (August 2022): Raised $40 million, led by Galvanize Climate Solutions.

Series B (October 2020): Secured $20 million, led by Prelude Ventures, with participation from M2O, AVG’s Nassau Street Ventures, and Tridon.

Notable Investors

Arable's investors include:

Galvanize Climate Solutions

Qualcomm Ventures

Prelude Ventures

S2G Ventures

Middleland Capital

Ajax Strategies

Chase Field Capital

SPARK Ventures

Alumni Capital Network

Ajax Health

Tridon

iSelect

Grupo Jacto

Middleland

iSelect

Utilization of Capital

The funds raised are intended to:

Enhance product development, particularly in AI-driven irrigation optimization tools.

Expand market reach and customer acquisition efforts.

Support research and development initiatives to advance agricultural technology solutions.

Pipeline Development

Key Pipeline Candidates

Arable's primary product is the Arable Mark, an integrated system that combines hardware, agronomic modeling, and software to provide comprehensive crop intelligence.

Stages of Development

The Arable Mark is in the commercial deployment stage, with continuous updates and enhancements based on user feedback and technological advancements.

Target Conditions

The system is designed to monitor and analyze: