What a year 2019 proved to be for SeeTree! This year is going in the books for many new beginnings for our technology, service, and last but not least- our illustrious ever-growing team which grew from 40, to over 70 extremely talented specialists including global experts in artificial intelligence and agronomy.
It all started on January 16, 2019, when we launched SeeTree after perfecting our product and service for 18 months in stealth mode. Here’s a quote from our press release:
SeeTree Officially Launched
SeeTree is launching today a new agritech service for permanent crop growers who are looking to gain deep insight into the health and productivity of each and every one of their trees.
The end-to-end service provides growers with intelligence on individual trees and tree clusters from the air, ground, and underground. Data extraction is performed using high-resolution, multi-dimensional sensing imagery obtained from drones, paired with ground sensors and rangers with boots-on-the-ground who acquire samples for further analysis.
Up until today, SeeTree has been developing its technology and service in stealth mode. During this time period, the Tel Aviv-based startup has partnered with some of the largest corporate clients around the globe, and opened additional offices in California and Brazil.
$15M in Funding from Leading Investors
In true SeeTree fashion, we didn’t just stop with the launch. We were also pleased to announce that we raised $15M in funding from leading investors in the field.
The Series A round of $11.5M was led by Hanaco Ventures, with the additional participation of the leading investors of the seed round, including Canaan Partners Israel and Uri Levine and his investors group, as well as iAngel and Mindset.
This was particularly impressive because all this was done while we were still in stealth mode. SeeTree managed to obtain significant funding during stealth mode due to the acceleration in adoption of its service by leading growers worldwide. The growers made note of how SeeTree’s end-to-end service disrupts precision agriculture, as the intelligence gathered by SeeTree provides insights on how to make better agronomy and business decisions to significantly increase profitability.
So. Much. Press!
Despite being such a niche B2B company, we opted to launch on ProductHunt because… well why not? We knew the tech community there would love learning all about how AI and Machine Learning technologies can be applied towards agriculture. While that may have been a bit of a risk, the great reward soon followed! We received over 170 upvotes (quite a big deal) and endless messages of support and enthusiasm.
Then the press coverage started rolling in. From around the WORLD! WE kid you not, this is just a snipped of the press we received solely from our launch:
- Jerusalem Post
- The Marker
- AgFunder News
- Times of Israel
- News Locker
- The USA Times
- Tech News Tube
- Sitara News
- Consultants Insider
- iTechnology Updates
- Israel Trendolizer
- The PE Hub Network
- USA Science News
- Fresh Plaza
- News RND
- Parallel State
- Silicon Wadi
- Israel Noticias
- IT Business Week