Terrantic, a Seattle, WA-based data platform for the food supply chain, raised $3.5M in Seed funding.
The round was led by Supply Change Capital with participation from York IE and Vitalize VC as well as existing investors Array Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Krishna Srinivasan, and chief business officer Trevor Cox, Terrantic is an operational data platform that transforms existing data from multiple sources into actionable insights for the food supply chain industry. By connecting disparate data sources and providing context across siloed operations and organizations, the system efficiently learns an organization’s operations, optimizes planning and scheduling and enables peak operational efficiency. Specifically used to meet the sector’s unique requirements, the Terrantic Ops Data Platform employs an AI-Driven Contextualization Engine to empower food processors, growers, and packhouses to effectively manage their data. This enables them to visualize operations, make swift decisions, and improve margins and returns while optimizing throughput.
The solution is used by Columbia Fruit, Servico, the University of California Merced and many others to solve for operative disruptions in food processing, increase shelf life and improve margins and throughput.
FinSMEs
07/08/2024