Concentric - About the company
Concentric is a series B company based in Montreal (Canada), founded in 2007 by Ananda Lynn Fitzsimmons and Margaret Bywater-Ekegärd. It operates as an Agtech company developing microbial products to improve crop yields and soil health. Concentric has raised $131M in funding from TPG and Aliment Capital. The company has 1116 active competitors, including 126 funded and 57 that have exited. Its top competitors include companies like Kula Bio, Sea6 and Nitricity.
Company Details
Agtech company developing microbial products to improve crop yields and soil health. They focus on creating advancements that are safe, protect natural resources, and enhance agriculture's potential. They utilize proprietary microbial consortia technology to combine beneficial bacteria and yeasts into soil and plant boosters. These biological optimizers are designed for soil, seed, and plant vigor, aiming to improve farmer livelihoods and reduce the environmental impact of crop management practices. Their patented technology is based on the co-fermentation of naturally occurring microbes and biomolecules. The company offers high-performance specialty biological products containing synergistic combinations of naturally occurring microbes and biomolecules.
- Website
- www.concentricag.com/
- Email ID
- *****@concentricag.com
- Phone Number
- +1 **********
- Registered Address
- Centennial, Colorado
Key Metrics
Founded Year
2007
Location
Montreal, Canada
Stage
Series B
Total Funding
$131M in 8 rounds
Latest Funding Round
Ranked
47th among 1116 active competitors
Employee Count
51 - 200 as on Jul 01, 2024
Legal entities associated with Concentric
Concentric is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Concentric Ag Corporation CIN: 815056728 , United States, Active | Dec 26, 999 | - | 8 (As on Dec 31, 2024) | - |
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Concentric's funding and investors
Concentric has raised a total funding of $131M over 8 rounds. Its first funding round was on 2013. Its latest funding round was a Series B round on Apr 19, 2018 for $*****. 5 investors participated in its latest round. Concentric has 11 institutional investors.
Here is the list of recent funding rounds of Concentric:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 19, 2018 | 7760690 | Series B | 9614731 | 5914317 | 1748022 | 4379487 |
Jan 18, 2018 | 1349228 | Series B | 6590640 | 1623956 | 5909895 | 2550832 |
Jan 08, 2018 | 4966873 | Series B | 3060065 | 6623381 |
View details of Concentric's funding rounds and investors
Concentric's founders and board of directors
Founder? Claim ProfileThe founders of Concentric are Ananda Lynn Fitzsimmons and Margaret Bywater-Ekegärd. Donald R Marvin is the CEO of Concentric.
Here are the details of Concentric's key team members:
- Ananda Lynn Fitzsimmons: Co-Founder of Concentric.
- Margaret Bywater-Ekegärd: Co-Founder of Concentric.
- Donald R Marvin: CEO of Concentric. Contact Info: 1 email address
View details of Concentric's Founder profiles and Board Members
Concentric's employee count trend
Concentric has 51 - 200 employees as of Jul 24. Here is Concentric's employee count trend over the years:
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Concentric's Competitors and alternates
Top competitors of Concentric include Kula Bio, Sea6 and Nitricity. Here is the list of Top 10 competitors of Concentric, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Kula Bio 2018, Natick (United States), Series A | Manufacturer of microbial crop nutrition products | $86.7M | 67/100 | |
2nd | Manufacturer of seaweed biomass products for agriculture and industrial applications | $45.7M | 66/100 | ||
3rd | Nitricity 2019, Stanford (United States), Series B | Sustainable plant-based organic fertilizer for farmers and a healthier planet | $90.1M | 62/100 | |
4th | Windfall Bio 2023, Menlo Park (United States), Series A | Developer of technology transforming methane into organic fertilizer for agriculture | $37M | 62/100 | |
5th | NewLeaf Symbiotics 2011, St. Louis (United States), Series D | Developer of biological technologies for improved crop input performance | $181M | 62/100 | |
6th | Cool Planet 2009, Camarillo (United States), Acquired | Provider of decarbonization software and consulting for industrial net zero goals | $183M | 60/100 | |
7th | Fa Bio 2015, Harpenden (United Kingdom), Series A | Provider of microbes for farming | $10M | 59/100 | |
8th | Pivot Bio 2010, Berkeley (United States), Series D | Developer of microbial nitrogen products designed for crop nutrition enhancement | $618M | 58/100 | |
9th | Manufacturer of sustainable fertilizer products designed to improve crop yields | $174M | 58/100 | ||
10th | SugaROx 2021, Harpenden (United Kingdom), Series A | Provider of plant sugar-based crop protection solution for farmers | $9.23M | 58/100 | |
47th | Concentric 2007, Montreal (Canada), Series B | Agtech company developing microbial products to improve crop yields and soil health | $131M | 42/100 |
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Concentric's Investments and acquisitions
Concentric has made no investments or acquisitions yet.
Reports related to Concentric
Here is the latest report on Concentric's sector:
News related to Concentric
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Concentric Appoints Jarrett Chambers as EVP and Chief Commercial OfficerAiThority•Sep 17, 2021•Concentric
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AlgaEnergy and Concentric Ag enter into agreements to distribute and develop biological productsAgroPages•Sep 16, 2020•AlgaEnergy, Concentric
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Via Ag Professional: Concentric Ag Partners with AgroCares for Real-Time Soil DiagnosticsConcentric•Mar 21, 2019•Concentric, AgroCares
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Concentric Appoints Jarrett Chambers as EVP and Chief Commercial OfficerPR Newswire•Feb 08, 2019•Concentric
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Inocucor $15.9M Final Close of Series B Financing Brings Series B Total to $54.4MPR Newswire•Apr 19, 2018•Inocucor, Aliment Capital, Cycle Capital, Desjardins-Innovatech and 6 others
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