Gro Intelligence: Story, Founders, Investors & Funding Rounds
Gro Intelligence gives useful information about agriculture, weather, and the economy through its analytics.
They shed light on the connections between the Earth’s environment and the global economy and they help you understand the effects on your business as a whole and take the right steps.
Their system is made to give clear answers based on the details of the customer’s situation because it is both curated by human intelligence and scaled by artificial intelligence.
This means that they help every user see the big picture and get down to the details by showing how the Earth’s ecological economy and the human economy are linked. They give clear advice about how nature and economics relate to each other.
Gro Intelligence is different because it shows how the weather, the economy, and agricultural systems interact in real-time.
Additionally, their clients can spend 20% more time on analytics because they don’t have to spend as much time collecting and cleaning basic data.
They also put together weather, temperature, and environmental data from the pixel level up to the district, provincial, and national levels, where it has been normalized.
Gro’s tools and visualizations can help with purchasing and making short-term financial decisions, as well as long-term planning and taking steps to reduce risk.
How it Works
It is only on Gro can you see how weather, the economy, and farming methods work together dynamically. Their clients can spend 80% of their time on analytics instead of collecting and cleaning data, which takes up a lot of their time right now.
Gro Intelligence imports them at the pixel level and then adds them up at the district, provincial, and national levels so that weather, temperature, and environmental data are all the same.
Even though information from dynamic, networked sources can now be used to help make decisions, many institutions still use static, disconnected data because they think it is easier to use or costs less.
Therefore, Gro Intelligence has made the most complete data and analytics platform in the world. This gives users a 360-degree view of how the weather, crops, and economy affect each other.
Gro’s platform can help teams of all sizes and shapes better manage risk, deal with uncertainty, and make accurate predictions.
Gro is also able to make smart prediction models by using machine learning and data analysis.
Additionally, Gro can be used with more than a hundred different models and modeling frameworks because they use machine learning technology to collect data from all over the world and draw conclusions from it.
Gro Intelligence was started by Sara Menker, who is also the company’s CEO.
Sara started Gro Intelligence to help businesses, banks, and governments make better decisions about how to feed the world’s growing population.
She used to work at Morgan Stanley as a Vice President.
Sara has a Master’s in Business Administration from Columbia University and a Bachelor’s degree in Economics from both Mount Holyoke College and the London School of Economics.
Sewit Ahderom is the co-founder of the company and is also the chief operating officer.
At Gro, Sewit is in charge of making and enforcing rules that help the company reach its goal. Sewit also runs Gro’s HR, finance, legal, and data management departments.
Sewit was a Vice President at Helios Investment Partners After working at IPS for a while.
Additionally, she used to be a vice president at Citigroup’s Investment Banking Division in New York where she was in charge of the leveraged finance and global portfolio management teams.
Sewit went to the University of Connecticut and got his Bachelor of Science in electrical engineering, and later went to Columbia University and got her Master of Business Administration.
Nemo is the CTO at Gro Intelligence After working as a software engineer for Google for 8.5 years.
He was recently Google’s Tech Lead for their newest product, Contributor where He came up with the idea for it and oversaw it from the time it started as a “20%” research project to the time it went on sale.
Nemo also helped to start the company Invisible Hand Networks, Inc. and was an Adjunct Professor of Electrical Engineering at Columbia University.
Nemo has written several academic papers that have been cited a lot. He also has at least seven issued US patents and several pending patents.
At Columbia University, he got a Ph.D. in electrical engineering, and the Eliahu I. Jury Dissertation Award was given to him for his work.
On top of that, he also has a Bachelor of Engineering (Honors) in Electrical Engineering and Math from McGill University. For his Master’s thesis, he studied control theory as it applies to biomechanical robotics.
Investors & Funding Rounds
The company raised about $85 million in its Series B round of funding.
The investment was led by Intel Capital, Africa Internet Ventures (a partnership between TPG Growth and EchoVC), and the family offices of Ronald Lauder and Eric Zinterhofer.
DCVC and GGV Capital, which have both invested in the past, also took part. Schusterman Family Investments, Dick Parsons, Rethink Food, and a few other strategic family offices are some of the new investors.
The money will be used to improve the Gro Platform’s machine-learning capabilities and give users more information about food, agriculture, and climate risks in their area. This will help the platform become more popular around the world and help it grow further.
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