S

Silo

SaaS and financing for perishable logistics

Overview

Silo provides software and financing solutions for the food supply chain to help businesses manage perishable goods more efficiently. It combines SaaS tools for inventory, orders, payments, and logistics with financial services like Instant Pay and Cash Advance to improve liquidity and cash flow. Revenue comes from subscription fees for the software and service charges for financial offerings. By streamlining operations and offering financing, Silo aims to help food‑related businesses stay competitive in a demanding market.

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About Silo

Simplify's Rating
Why Silo is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Food & AgricultureEnterprise SoftwareFintechFinancial Services

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$304M

Headquarters

Fresno, CA

Founded

2018

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Simplify's take

What believers are saying

  • Blooms Trade partnered with Silo on August 21, 2026 for pre-approved capital.
  • Silo ranked #57 on Forward Fooding's 2026 FoodTech 500, strengthening market credibility.
  • 2026 blog posts show hiring and product expansion around labor and field-cost tracking.

What critics are saying

  • TechCrunch reported a May 22, 2024 30% layoff after lending losses.
  • Silo paused lending after a delinquent customer loan; that underwriting weakness remains existential.
  • Cash-advance revenues depend on banking partners like First Citizens Bank and Jefferies.

What makes Silo unique

  • Silo bundles ERP, payments, labor management, and capital for produce operators.
  • Pet Tiger acquisition on November 5, 2025 adds field-cost tracking depth.
  • Banneker Partners backed Silo in October 2024, strengthening vertical-software execution.

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Funding

Total Funding

$304M

Above

Industry Average

Funded Over

7 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison Coming Soon

Growth & Insights and Company News

6 month growth

0%

1 year growth

0%

2 year growth

-3%
OpenPR
Nov 19th, 2025
Pet Tiger Joins Silo in Strategic Acquisition Backed by Banneker Partners, Guided by Broker David Jacobs

Silo technologies have acquired Pet Tiger Orange Enterprises in a deal that was supported by Banneker Partners The acquisition is a significant advancement in consolidation of software tools that serve the produce and food supply chain It shows the growing ...

TechCrunch
May 22nd, 2024
Silo lays off 30% amid M&A talks

Silo, a Bay Area food supply chain software startup, laid off ~30% of its staff, over two dozen employees, amid M&A discussions. The layoffs were due to revenue drops caused by a delinquent customer loan, which led to a pause in Silo's lending product. Silo has since resolved the issue with its banking partner and can lend again but will proceed cautiously. The company provided severance packages and recruiting support to affected employees.

AgFunder
Dec 28th, 2023
The Top 20 Agtech Deals Of 2023

Disclosure: AgFunderNews’ parent company is AgFunder. Agtech deals of 2023 followed much the same trajectory as other tech sectors, with lower valuations and far fewer mega-rounds than seen in the VC heyday of 2021 and early 2022. This year also saw a shift towards more investment in climate-focused solutions, hence the multiple waste-to-energy startups and carbon-related companies on the list below. Ag biotechnology, which includes the biologicals sector, was another strong category this year

Phoenix Media Network, Inc.
Dec 13th, 2023
Silo Technologies' Explosive Growth Secures Additional Investment from Koch Disruptive Technologies with Follow on Funding

The additional funding will advance Silo's capacity to develop modular solutions that encompass inventory management, freight logistics, enhanced order management, modern payment options, and innovative capital solutions.

PYMNTS
Aug 4th, 2023
Loginext Launches Payment Module That Helps Enterprises Select Carriers

LogiNext has launched a payment module that helps enterprises select carriers and manage payments. The new module facilitates better decisions in choosing carrier partners by comparing the charges of different carriers and drivers via rate charts that are enabled by artificial intelligence (AI) and automation, the logistics automation firm said in a Thursday (Aug. 3) press release. The module considers product specification, delivery distance, discounts and other factors essential to selecting a carrier, according to the release

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