Smartwyre

Smartwyre

Software and data services for agribusiness

About

Smartwyre offers software, data, and services for the agricultural industry, helping clients like growers and retailers make informed decisions. Its platform features a data catalog with over 90,000 products and 1.5 million pricing combinations, allowing businesses to manage pricing strategies and adjust prices in real time. Unlike competitors, Smartwyre provides subscription-based access to tools that enable quick access to vital information for accurate pricing. The company's goal is to improve business performance in agribusiness by delivering reliable data and insights.

Company Stage

Seed

Employees

51-200

Industries

Food & Agriculture, Enterprise Software

Total Funding

$23.3M

Headquarters

Denver, Colorado

Founded

2018


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Simplify's Take

What believers are saying

  • Integration of AI and machine learning enhances predictive analytics for agribusiness.
  • Expansion of 5G networks improves connectivity and real-time analytics for Smartwyre's platform.
  • Growing interest in sustainable farming can be addressed with sustainability metrics in the platform.

What critics are saying

  • Emerging competition from new agritech startups could dilute Smartwyre's market share.
  • Potential data privacy concerns and regulations may impact Smartwyre's data handling practices.
  • Reliance on partnerships like Tenkoz poses risks if expected efficiencies are not achieved.

What makes Smartwyre unique

  • 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 software tools and data services tailored for agribusiness.

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Growth & Insights
Headcount

6 month growth

6%

1 year growth

8%

2 year growth

80%

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