RapidAIM Overview
- Year Founded
-
2018
- Status
-
Private
- Employees
-
22
- Latest Deal Type
-
M&A
- Investors
-
1
RapidAIM General Information
Description
Developer of an IoT-based pest monitoring platform designed to provide real-time pest detection and forecasting. The company's platform uses a network of smart sensors to collect data on pest activity, which is then analyzed to generate real-time alerts and forecasts, enabling growers to quickly and effectively target pest control measures, preventing crop damage and losses.
Contact Information
Website
www.rapidaim.ioCorporate Office
- Unit 1 11 Donkin Street
- West End, Queensland 4101
- Australia
Corporate Office
- Unit 1 11 Donkin Street
- West End, Queensland 4101
- Australia
RapidAIM Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Merger/Acquisition | 17-Mar-2026 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series A1) | 04-Mar-2024 | Completed | Generating Revenue | |||
| 8. Early Stage VC (Series A) | 01-Sep-2022 | Completed | Generating Revenue | |||
| 7. Early Stage VC | 11-Mar-2021 | Completed | Generating Revenue | |||
| 6. Grant | 01-Jul-2020 | Completed | Generating Revenue | |||
| 5. Grant | 01-Oct-2019 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 06-Jun-2019 | Completed | Product In Beta Test | |||
| 3. Grant | 19-Oct-2018 | Completed | Startup | |||
| 2. Seed Round | 19-Sep-2018 | $902K | $914K | Completed | Startup | |
| 1. Accelerator/Incubator | 23-Apr-2018 | $11.6K | $11.6K | Completed | Startup |
RapidAIM Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| A PREFERENCE | ||||||||
| A SAFE PREFERENCE | ||||||||
| PREFERENCE | 48,850 | $17.76 | $17.76 | 1x | $17.76 | 17.4% |
RapidAIM Comparisons
Industry
Financing
Details
RapidAIM Competitors (9)
One of RapidAIM’s 9 competitors is FarmSense, a Venture Capital-Backed company based in Riverside, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| FarmSense | Venture Capital-Backed | Riverside, CA | ||||
| evolito (Electronic Equipment and Instruments) | Venture Capital-Backed | Copenhagen, Denmark | ||||
| Efos (Slovenia) | Venture Capital-Backed | Hrusevje, Slovenia | ||||
| Taranis | Venture Capital-Backed | Tel Aviv, Israel | ||||
| Weather Impact | Corporation | Amersfoort, Netherlands |
RapidAIM Patents
RapidAIM Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2023023805-A1 | Insect monitoring device and method | Inactive | 25-Aug-2021 |
RapidAIM Signals
RapidAIM Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Future Fit Asia | Accelerator/Incubator |
RapidAIM FAQs
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When was RapidAIM founded?
RapidAIM was founded in 2018.
-
Where is RapidAIM headquartered?
RapidAIM is headquartered in West End, Australia.
-
What is the size of RapidAIM?
RapidAIM has 22 total employees.
-
What industry is RapidAIM in?
RapidAIM’s primary industry is Electronic Equipment and Instruments.
-
Is RapidAIM a private or public company?
RapidAIM is a Private company.
-
What is RapidAIM’s current revenue?
The current revenue for RapidAIM is .
-
How much funding has RapidAIM raised over time?
RapidAIM has raised $7.12M.
-
Who are RapidAIM’s investors?
Future Fit Asia has invested in RapidAIM.
-
Who are RapidAIM’s competitors?
FarmSense, evolito (Electronic Equipment and Instruments), Efos (Slovenia), Taranis, and Weather Impact are some of the 9 competitors of RapidAIM.
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