BinSentry - About the company
BinSentry is a series C company based in Kitchener (Canada), founded in 2017 by Randall Schwartzentruber and Nathan Hoel. It operates as a Provider of AI-powered feed management system optimizing animal feed supply chains. BinSentry has raised $74.2M in funding from investors like Chillingo, Garage Technology Ventures and BDC. The company has 592 active competitors, including 78 funded and 31 that have exited. Its top competitors include companies like Niqo Robotics, Verdant Robotics and SwarmFarm Robotics.
Company Details
Provider of AI-powered feed management system optimizing animal feed supply chains. It provide solutions for feed mill operators and producers offering real-time monitoring and automation through advanced sensors and a user-friendly dashboard. The technology helps reduce trucking costs, labor, feed reclaims, and outages. It offers a subscription service with lifetime hardware warranty and comprehensive support, including installation, training, and data analytics. It focuses on improving animal health, employee safety, and feed conversion ratios, enabling efficient feed ordering and problem-solving.
- Website
- binsentry.com
- Email ID
- *****@binsentry.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2017
Location
Kitchener, Canada
Stage
Series C
Total Funding
$74.2M in 5 rounds
Latest Funding Round
Ranked
2nd among 592 active competitors
Employee Count
103 as on Sep 30, 2026
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BinSentry's funding and investors
BinSentry has raised a total funding of $74.2M over 5 rounds. Its first funding round was on 2018. Its latest funding round was a Conventional Debt round on Dec 19, 2025 for $*****. 1 investor participated in its latest round. BinSentry has 8 institutional investors.
Here is the list of recent funding rounds of BinSentry:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 19, 2025 | 4226324 | Conventional Debt | 4853386 | 5765646 | 2697567 | 9372998 |
Jun 20, 2025 | 4540484 | Series C | 9655409 | 4204478 | 8758094 | 1940448 |
Aug 13, 2024 | 9536129 | Series B | 5948125 | 2556614 | 4462961 |
View details of BinSentry's funding rounds and investors
BinSentry's founders and board of directors
Founder? Claim ProfileThe founders of BinSentry are Randall Schwartzentruber and Nathan Hoel. Randall Schwartzentruber is the CEO of BinSentry.
Here are the details of BinSentry's key team members:
- Randall Schwartzentruber: Co-Founder & Co-CEO of BinSentry.
- Nathan Hoel: Co-Founder & CTO of BinSentry.
View details of BinSentry's Founder profiles and Board Members
BinSentry's employee count trend
BinSentry has 103 employees as of Sep 26. Here is BinSentry's employee count trend over the years:
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BinSentry's Competitors and alternates
Top competitors of BinSentry include Niqo Robotics, Verdant Robotics and SwarmFarm Robotics. Here is the list of Top 10 competitors of BinSentry, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Niqo Robotics 2015, Bengaluru (India), Series B | Provider of AI-powered robotics solutions for precision spraying and thinning | $21.2M | 65/100 | |
2nd | Provider of AI-powered feed management system optimizing animal feed supply chains | $74.2M | 63/100 | ||
3rd | Verdant Robotics 2019, Hayward (United States), Series A | Revolutionizing agriculture with precision robotics for sustainable and profitable farming | $58M | 62/100 | |
4th | SwarmFarm Robotics 2012, Brisbane (Australia), Series B | Integrated autonomy for efficient, sustainable agriculture through robotics and technology | $31.3M | 62/100 | |
5th | Naio Technologies 2011, Ramonville Saint Agne (France), Series B | Autonomous agricultural robots empowering farmers with sustainable, efficient, and reliable solutions | $54.7M | 61/100 | |
6th | Saga Robotics 2016, Ski (Norway), Series C | Agricultural robotics transforming farming with autonomous solutions for crop protection and labor efficiency | $43.8M | 58/100 | |
7th | Manufacturer of agricultural drones, robots, autopilot consoles, and smart farm systems | $248M | 58/100 | ||
8th | Provider of AI and SaaS-based solutions for the automation of agriculture operations | $162M | 58/100 | ||
9th | Livestock management software for efficient farm tracking, planning, and growth | $64.6M | 56/100 | ||
10th | Bonsai Robotics 2022, San Jose (United States), Series A | Provider of AI-based orchard farm automation solutions | $28.5M | 55/100 |
Looking for more details on BinSentry's competitors? Click here to see the top ones
BinSentry's Investments and acquisitions
BinSentry has made no investments or acquisitions yet.
Reports related to BinSentry
Here is the latest report on BinSentry's sector:
News related to BinSentry
Media has covered BinSentry for a total of 4 events in the last 1 year, 1 of them has been about company updates.
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AI-Powered Livestock Monitoring Market Poised for Major Growth, Driven by $55+ Million in Funding and Regulatory PressuresAgrigateglobal•Jul 29, 2026•Nedap, Nofence, BinSentry, AGCO and 1 other
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CIBC Innovation Banking Provides $25 Million to BinSentry for ExpansionFinancial Times•Dec 18, 2025•Canadian Imperial Bank of Commerce, BinSentry
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BinSentry Secures $50 Million to Modernize Animal Feed Supply Chains with AI Sensor TechnologyFinancial Post•Aug 11, 2025•Lead Edge Capital, BinSentry, Cargill, Waynesandersonfarms and 1 other
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BinSentry introduces Critical Event Management software add-on to help producers track and respond to slide management issuesBinSentry•Feb 18, 2025•BinSentry
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BinSentry welcomes Chief Financial Officer Ben Van Straten and Chief Operating Office Kearney Klein to leadership teamBinSentry•Feb 04, 2025•BinSentry
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BinSentry announces launch of new ProSense HD platform for commercial grain inventory managementBinSentry•Dec 10, 2024•BinSentry
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BinSentry/HANOR study reveals ‘invisible’ cause of animal feed outages costing producers up to 7 basis points of FCRBinSentry•Nov 19, 2024•BinSentry
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BinSentry announces $15M in new funding and commercial milestone of 20,000 assets monitored daily.BinSentry•Oct 09, 2024•BinSentry, Spring Mountain Capital
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