MADISON, Wis., — Agrograph, a Madison-based startup, announced it raised $500,000 in seed funding from the Idea Fund of La Crosse. Agrograph’s software combines satellite imagery and field data with machine learning algorithms to predict crop yields at the field level.
The company sells to three main customer groups: 1. Crop insurers and lenders to better assess their risk portfolio; 2. Grain distributors to improve their supply chain logistics, and 3. Agricultural tech providers to enhance their precision agriculture solutions.
Agrograph’s predictive software is unique in that it combines high-resolution satellite imagery with actual yield data from thousands of individual field locations. It Is the only solution on the market that predicts yields on a field-by-field basis. This, merged with 30 years of agriculture expertise from co-founders Mutlu Ozdogan and James O’Brien, results in more granular and accurate bushel per acre predictions.
For more information about Agrograph or to schedule a demo, visit www.agrograph.com.