Monarch Tractor

company

About

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

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

Employee Profiles

Number of Employee Profiles
4
Monarch Tractor has 4 current employee profiles, including Executive Praveen Penmetsa
Executive
Executive
Executive
Executive