Company profile: FarmTest
1.1 - Company Overview
Company description
- Provider of automated on-farm performance testing and AI-driven insights, offering tools that design, execute, and analyze field trials with GPS-enabled equipment to deliver precise, field-specific data. Includes scripted plot trials via variable rate prescriptions and precision testing solutions for researchers, growers, ag input providers, and crop consultants to optimize agricultural practices.
Products and services
- Automated On-Farm Performance Testing: Software tools that automate the engineering, execution, and analysis of field trials on commercial farms, delivering precise, field-specific data and AI-driven insights for optimizing agricultural practices
- Scripted Plot Trials: Method that combines precision of plot trials with ease of strip trials, using variable rate prescriptions to conduct statistically robust field trials with reduced error margins
- Precision Testing Solutions: Tools enabling precise, scalable in-field testing and data collection for university researchers, growers, ag input providers, and crop consultants, generating actionable insights to optimize farm management
Key contacts
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Financial details
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1.2 - Competitors and similar companies to FarmTest
InnerPlant
HQ: United States
Website
- Description: Provider of genetically engineered Living Sensor plants that signal stress via fluorescence for early detection of fungal attacks, pests, nutrient deficiencies, and drought, and a machine-learning data platform that integrates plant signals with other data to deliver targeted crop optimization recommendations, increasing field health and driving value throughout the supply chain to boost yields and sustainability.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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IrriWatch
HQ: The Netherlands
Website
- Description: Provider of daily data services for thousands of farmers, helping them work more efficiently.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Mercaris
HQ: United States
Website
- Description: Provider of a subscription-based market data service and online trading platform for organic, non-GMO, and certified agricultural commodities, delivering price comparison reports, customizable cash market price breakdowns, import data with country-of-origin statistics, weekly average price history, a comprehensive market survey dataset, and an interactive map of grain-handling facilities.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Apeel
HQ: United States
Website
- Description: Provider of plant-derived shelf life extension technology for fresh produce, offering Apeel, a coating that slows respiration, oxidation, and water loss to maintain moisture, improve quality, extend freshness, and reduce food waste. Products include Apeel-protected avocados, apples, mangos, cucumbers, and citrus such as oranges, lemons, and grapefruits; Apeel-protected English cucumbers eliminate the need for single-use plastic packaging.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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AquaSpy
HQ: United States
Website
- Description: Provider of advanced soil monitoring technologies for agriculture, offering an IoT platform (AgSpy) for continuous insights into crop health, water, and nutrient needs; wireless soil moisture probes and mobile app (Crophesy) for remote monitoring; a Yield Efficiency Score (YES!) for management feedback; and a Pay as you Grow subscription bundling software, probes, wireless data plans, and analytics.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full AquaSpy company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for FarmTest
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to FarmTest
2.2 - Growth funds investing in similar companies to FarmTest
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4 - Top valuation comps for FarmTest
4.2 - Public trading comparable groups for FarmTest
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