Monarch Tractor

About

Monarch Tractor offers a platform that combines mechanization, automation, and data analysis to enhance farmer’s existing operations.

Livermore,California,United States
51 - 100
https://monarchtractor.com/

Highlights

Details

Last Funding Type: Series B
Industries: Agriculture,AgTech,Analytics,Artificial Intelligence,Electric Vehicle,Farming
Founded date: Jan 1, 2017
Number Of Employee: 51 - 100
Operating Status: Active

Monarch Tractor offers a tractor platform that combines mechanization, automation, and data analysis to enhance farmer’s existing operations, alleviate labor shortages, and maximize yields.

The company is dedicated to eliminating diesel fuel and replaces harmful chemicals with mechanical solutions, so its tractor impacts the environment exactly as intended, without side effects. Its platform utilizes hardware and machine learning to identify and eliminates plant ailments and estimate yields.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$81M

Monarch Tractor has raised a total of $81M in funding over 2 rounds. Their latest funding was raised on Nov 17, 2021 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 17, 2021	Series B	$61M	4	Astanor Ventures	—	Detail
Aug 16, 2021	Series B	—	1	—	—	Detail
Mar 16, 2021	Series A	$20M	5	CNH Industrial Musashi Seimitsu Industry V.S.T. Tillers Tractors	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

8

Monarch Tractor is funded by 8 investors. Astanor Ventures and Musashi Seimitsu Industry are the most recent investors.

Investor Name	Lead Investor	Funding Round
Astanor Ventures	Yes	Series B
Musashi Seimitsu Industry	Yes	Series A
V.S.T. Tillers Tractors	Yes	Series A
At One Ventures	—	Series B
CNH Industrial	—	Series B
Trimble Ventures	—	Series B
Sahin Boydas	—	Series B
MUUS	—	Series A