When was Nofence founded?

Nofence was founded in 2011 and raised its 1st funding round 9 years after it was founded.

Where is Nofence located?

Nofence is headquartered in Batnfjordsora, Norway. It is registered at Byfogd Motzfeldts gate 6, 6413, MOLDE.

How many employees does Nofence have?

As of Sep 30, 2026, the latest employee count at Nofence is 133.

Is Nofence a funded company?

Nofence is a funded company, having raised a total of $38.7M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 17, 2020.

When was the latest funding round of Nofence?

Nofence's latest funding was a $***** Series B round on Jul 2025, with participation from 8 investors.

Where does Nofence rank among its competitors?

Nofence ranks 1st amongst 56 active competitors, of which 19 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Herddogg, which secured $110K in Dec, 2025.

Who are the top competitors of Nofence?

Nofence's top competitors include Stellapps, CowManager and Vence. Among them, Herddogg secured the most recent funding round in December, 2025.

Nofence - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Virtual fencing for livestock, enabling efficient and sustainable grazing management. This innovative company provides a GPS-based virtual fencing system for livestock, promoting animal welfare and efficient grazing. The system comprises a solar-powered GPS collar, a user-friendly mobile app, and satellite data for precise boundary management. Farmers can easily define and adjust grazing areas, track animal movements, and optimize land use without physical fences. This technology supports natural animal behavior, reduces labor, and enhances pasture management. The company offers solutions for various livestock types and terrains. It is a tech company, offering a SaaS based subscription model. The company is focused on social impact by promoting sustainable agriculture.

Website: nofence.no
Social
Email ID: *****@nofence.no
Phone Number: +47 **********
Registered Address: Byfogd Motzfeldts gate 6, 6413, MOLDE

Key Metrics

Founded Year

2011

Location

Batnfjordsora, Norway

Stage

Series B

Total Funding

$38.7M in 2 rounds

Latest Funding Round

Series B, Jul 2025, $*****

Investors

ECBF & 10 more

Ranked

1^st among 56 active competitors

Employee Count

133 as on Sep 30, 2026

Similar Companies

Stellapps & 37 more

View Nofence's full profile

Nofence is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
NOFENCE AS CIN: 996858626 , Norway, Active	Apr 17, 2011	-	53 (As on Dec 31, 2022)
NOFENCE AS CIN: 996858626 , Norway, Active	Apr 17, 2011	-	23 (As on Dec 31, 2021)

Nofence has raised a total funding of $38.7M over 2 rounds. Its first funding round was on Dec 17, 2020. Its latest funding round was a Series B round on Jul 2025 for $*****. 8 investors participated in its latest round. Nofence has 11 institutional investors.

Here is the list of recent funding rounds of Nofence:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 2025	1376557	Series B	3244452	9832913	8679253	9285288
Dec 17, 2020	3499179	Series A	8046105	9060324	8779389	Momentum Partners & 2 more

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View details of Nofence's funding rounds and investors

The founders of Nofence is Oscar Hovde.

Here are the details of Nofence's key team members:

Oscar Hovde: Founder & CTO of Nofence.

View details of Nofence's Founder profiles and Board Members

Nofence's employee count trend

Nofence has 133 employees as of Sep 26. Here is Nofence's employee count trend over the years:

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Top competitors of Nofence include Stellapps, CowManager and Vence. Here is the list of Top 10 competitors of Nofence, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nofence 2011, Batnfjordsora (Norway), Series B	Virtual fencing for livestock, enabling efficient and sustainable grazing management	$38.7M	Nysno, Speedinvest & 9 others	58/100
2nd	Stellapps 2011, Bengaluru (India), Series C	Dairy tech company digitizing and optimizing milk production, procurement, and cold chain	$66.3M	Omnivore, Gates & 44 others	54/100
3rd	CowManager 2008, Harmelen (Netherlands), Unfunded	Integrated platform for livestock animal monitoring and data analytics	-	-	47/100
5th	Vence 2016, San Francisco (United States), Acquired	Animal health solutions: pharmaceuticals, vaccines, technology, and virtual fencing	$14.7M	Eniac Ventures, Tyche Partners & 17 others	42/100
6th	Allflex 1955, Redland (Australia), Acquired	Provider of livestock identification and tracking system	-	Periphas Capital, Electra Private Equity	42/100
7th	Herddogg 2013, Ashland (United States), Series A	Provider of integrated hardware and software solutions for livestock monitoring	$21.1M	Serra Ventures, Open Prairie Ventures & 13 others	40/100
8th	Innogando 2020, Lugo (Spain), Seed	Provider of livestock GPS tracking system	$1.64M	COVAP, Afi-Inversiones & 3 others	39/100
9th	Ixorigue 2019, Madrid (Spain), Seed	Developer of GPS collars for livestock movement and health monitoring	$1.18M	IESE, ESADE BAN & 5 others	38/100
10th	Flixdrop 2014, Bengaluru (India), Seed	Provider of cattle health monitoring and dairy farm management solutions	$151K	Elina Investments, Caspian & 27 others	38/100