Silo - About the company
Silo is a series D company based in San Francisco (United States), founded in 2017 by Ashton Braun and Antonio Bustamante. It operates as a Developer of cloud enterprise resource planning software for produce businesses. Silo has raised $315M in funding from investors like Andreessen Horowitz, Alexis Ohanian and Initialized Capital. The company has 130 active competitors, including 29 funded and 9 that have exited. Its top competitors include companies like Choco, Maalexi and Spoiler Alert.
Company Details
Developer of cloud enterprise resource planning software for produce businesses. This platform organizes operational workflows for shippers, distributors, packers, and growers. It provides modules for labor management, equipment tracking, financial operations, and payment reconciliation. The software automates data exchange and supports compliance with industry traceability requirements. Analytics tools convert operational data into performance insights.
- Website
- www.usesilo.com/
- Email ID
- *****@usesilo.com, *****@usesilo.com
- Registered Address
- San Francisco (United States)
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Series D
Total Funding
$315M in 6 rounds
Latest Funding Round
Investors
Ranked
2nd among 130 active competitors
Employee Count
147 as on Aug 31, 2026
Legal entities associated with Silo
Silo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Silo Technologies, Inc., CIN: 82-3049059 , United States, Active | Dec 31, 2016 | - | 56 (As on Dec 31, 2021) | - |
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Silo's funding and investors
Silo has raised a total funding of $315M over 6 rounds. Its first funding round was on May 21, 2019. Its latest funding round was a Series D round on Dec 13, 2023 for $*****. 1 investor participated in its latest round. Silo has 12 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Silo:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 13, 2023 | 9884908 | Series D | 9651031 | 7318579 | 9143404 | 3753011 |
Jul 12, 2023 | 8184191 | Conventional Debt | 2746974 | 5305144 | 8424024 | |
Jul 12, 2023 | 9131846 | Series C | 8932508 | 3635498 |
View details of Silo's funding rounds and investors
Silo's founders and board of directors
Founder? Claim ProfileHere are the details of Silo's key team members:
- Ashton Braun: Founder & CEO of Silo. They are also an angel investor in 1 startup.
- Antonio Bustamante: Former Co-Founder of Silo and founder of 1 other company. Contact Info: 1 email address
View details of Silo's Founder profiles and Board Members
Silo's employee count trend
Silo has 147 employees as of Aug 26. Here is Silo's employee count trend over the years:
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Silo's Competitors and alternates
Top competitors of Silo include Choco, Maalexi and Spoiler Alert. Here is the list of Top 10 competitors of Silo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a platform streamlining order and payment processes for distributors | $301M | 71/100 | ||
2nd | Silo 2017, San Francisco (United States), Series D | Developer of cloud enterprise resource planning software for produce businesses | $315M | 62/100 | |
3rd | Maalexi 2021, Wilmington (United States), Seed | Online B2B marketplace offering farm products | $3.4M | 62/100 | |
4th | Spoiler Alert 2015, Boston (United States), Series A | B2B marketplace for food businesses to sell surplus food | $13.6M | 61/100 | |
5th | Vori 2015, Palo Alto (United States), Series B | Provider of grocery point of sale and store operations software | $50M | 57/100 | |
6th | Garten 2014, Burlingame (United States), Acquired | Platform offering subscription-based nutrient foods | $20M | 52/100 | |
7th | Canndescent 2015, Santa Barbara (United States), Acquired | Provider of ultra-premium cannabis products | $57M | 52/100 | |
8th | Tridge 2015, Seoul (South Korea), Series D | B2B platform connecting buyers and suppliers in the food, agriculture, and marine sectors | $121M | 51/100 | |
9th | Confident Cannabis 2014, Palo Alto (United States), Series A | Online platform for cannabis producers | $15.1M | 47/100 | |
10th | Bix Produce Company 1934, Saint Paul (United States), Acquired | Fresh produce and specialty items provider, delivering tailored service since 1930 | - | 47/100 |
Looking for more details on Silo's competitors? Click here to see the top ones
Silo's Investments and acquisitions
Silo has made 1 investment in Salva Craft Beer and acquired Pet Tiger and Bandit ML.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 2025 | Acquisition | 1984 | Fresno (United States) | |
Jun 14, 2022 | Investments | 2008 | Bom Retiro do Sul (Brazil) | |
May 10, 2022 | Acquisition | 2019 | San Francisco (United States) |
Reports related to Silo
Here is the latest report on Silo's sector:
News related to Silo
Media has covered Silo for 1 event in last 1 year.
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Food supply chain software maker Silo lays off ~30% of staff amid M&A discussionsTechCrunch+•May 23, 2024•Silo
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Vacherin steps up reducing food waste in partnership with SiloHospitality & Catering News•Mar 25, 2024•Vacherin, Silo
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Koch Disruptive Technologies’ Investment in Silo TechnologiesGlobal Legal Chronicle•Feb 16, 2024•Wilson Sonsini Goodrich & Rosati, Koch Disruptive Technologies, Silo
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Silo’s $32 Million Series C Financing RoundGlobal Legal Chronicle•Jul 25, 2023•Wilson Sonsini Goodrich & Rosati, Silo, Koch Disruptive Technologies, Andreessen Horowitz and 4 others
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Silo Raises $132M in FundingFinSMEs•Jul 13, 2023•Silo, First Citizens Bank, Koch Disruptive Technologies, Andreessen Horowitz and 5 others
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US company buys 40% of RS brewery and designs new factoryFusoes & Aquisicoes•Jun 15, 2022•Salva Craft Beer, Silo
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Silo Secures $9 Million Series A to Empower the Food Supply ChainPRWeb•Sep 24, 2020•Silo, Andreessen Horowitz, Haystack, Initialized Capital and 1 other
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