Smartwyre

Software and data services for agribusiness

Denver, Colorado, United States

About Smartwyre

Smartwyre provides software, data, and services specifically for the agricultural industry, catering to clients like growers, retailers, and suppliers. Its platform connects users with accurate and readily available information, enabling informed decision-making. The main feature of Smartwyre is its extensive data catalog, which includes details on over 90,000 products and 1.5 million rebate and pricing combinations. This allows agribusinesses to manage pricing strategies effectively, making real-time adjustments to avoid earnings losses. Smartwyre operates on a subscription model, offering tools that help sales teams access vital information quickly, ensuring accurate pricing that reflects various programs. Additionally, the company provides resources such as case studies and industry reports to keep clients updated on agribusiness trends. Smartwyre aims to enhance data accuracy and pricing strategies, ultimately improving business performance in the agribusiness sector.

Denver, ColoradoHeadquarters
2018Year Founded
$23.3MTotal Funding
EARLY_VCCompany Stage
Food & Agriculture, Enterprise SoftwareIndustries
51-200Employees

Benefits

Health Insurance
Unlimited Paid Time Off
Remote Work Options
Flexible Work Hours
401(k) Retirement Plan
401(k) Company Match

Risks

Emerging agritech startups may dilute Smartwyre's market share.
Rapid AI advancements may require significant investment to update Smartwyre's platform.
Economic downturns could impact Smartwyre's subscription-based revenue model.

Differentiation

Smartwyre offers a comprehensive data catalog with over 90,000 products and 1.5 million pricing combinations.
The platform provides real-time pricing adjustments, preventing earnings losses for agribusinesses.
Smartwyre's subscription model includes tools for accurate net pricing and rebate tracking.

Upsides

Partnership with Tenkoz enhances data management and decision-making for agribusinesses.
Series A funding will expand the team and enhance platform capabilities.
Growing digital transformation in agriculture aligns with Smartwyre's data-driven solutions.

Funding

Total raised$23.35 M
Latest valuation$52.50 M
StageEARLY_VC