Irriot Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
-
3
- Latest Deal Type
-
Accelerator/Inc
- Investors
-
11
Irriot General Information
Description
Developer of a self-powered irrigation automation platform designed to reduce water wastage in agriculture significantly. The company's platform offers a wireless irrigation automation system that helps to significantly reduce water wastage in agriculture, save on electrical bills and eliminate the human factor, enabling farmers to ensure improved crop yields and productivity.
Contact Information
Website
www.irriot.comCorporate Office
- PO Box 144
- 182 12 Danderyd
- Sweden
Corporate Office
- PO Box 144
- 182 12 Danderyd
- Sweden
Irriot Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Accelerator/Incubator | 01-Apr-2024 | Completed | Generating Revenue | |||
| 9. Later Stage VC | 03-Feb-2022 | Completed | Generating Revenue | |||
| 8. Accelerator/Incubator | 09-Dec-2021 | Completed | Generating Revenue | |||
| 7. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 6. Early Stage VC | 01-Jul-2021 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 13-Oct-2020 | Completed | Generating Revenue | |||
| 4. Grant | 06-May-2020 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 01-Jan-2020 | Completed | Generating Revenue | |||
| 2. Seed Round | 09-Jun-2019 | $266K | $266K | Completed | Generating Revenue | |
| 1. Grant | 19-Feb-2019 | Completed | Generating Revenue |
Irriot Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Seed | ||||||||
| Seed | 4,350 | $25.08 | $25.08 | 1x | $25.08 | 5.34% |
VC Exit Predictor
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Irriot Comparisons
Industry
Financing
Details
Irriot Competitors (4)
One of Irriot’s 4 competitors is Weenat, a Venture Capital-Backed company based in Nantes, France.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Weenat | Venture Capital-Backed | Nantes, France | ||||
| WiseConn | Venture Capital-Backed | Santiago, Chile | ||||
| Hunter Industries | Corporation | San Marcos, CA | ||||
| Rainbird Watering | Corporation | Zonhoven, Belgium |
Irriot Signals
Irriot Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Global Innovation Accelerator | Accelerator/Incubator | |||
| LRF Ventures | Corporate Venture Capital | Minority | ||
| Seven District | Venture Capital | Minority | ||
| StartLife | Accelerator/Incubator | |||
| Curitas Ventures | Venture Capital | Minority |
Irriot FAQs
-
When was Irriot founded?
Irriot was founded in 2017.
-
Where is Irriot headquartered?
Irriot is headquartered in Danderyd, Sweden.
-
What is the size of Irriot?
Irriot has 3 total employees.
-
What industry is Irriot in?
Irriot’s primary industry is Electronic Equipment and Instruments.
-
Is Irriot a private or public company?
Irriot is a Private company.
-
What is Irriot’s current revenue?
The current revenue for Irriot is .
-
How much funding has Irriot raised over time?
Irriot has raised $1.29M.
-
Who are Irriot’s investors?
Global Innovation Accelerator, LRF Ventures, Seven District, StartLife, and Curitas Ventures are 5 of 11 investors who have invested in Irriot.
-
Who are Irriot’s competitors?
Weenat, WiseConn, Hunter Industries, and Rainbird Watering are competitors of Irriot.
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