Emerald Metrics
About this raise: Who Should Be Interested:
Are you a consumer or producer (or both) of cannabis? Do you want to ensure your product is clean and growing in the fastest and most effective way possible? If so, then consider investing in Emerald Metrics. They’ve created precision agriculture technology for cannabis that helps protect against contamination while offering the best growing system possible.
The Company:
Emerald Metrics is helping make sure your green (cannabis) stays as freshly green - and as safely green - as possible. They “take the guesswork out of growing cannabis” with their CannaIntelligence software, which enables producers to minimize expenses, increase crop quality and yield, and eliminate crop waste. This system also protects consumers from harmful molds, pests, and pesticides. CannaIntelligence consists of a combination of water, heat, light, and humidity sensors, multi-spectral imaging cameras, and a cloud-based software application. Actionable data is delivered directly to the grower’s dashboard, and the grower can manage their crop concerns all from the platform. Emerald Metrics has partnered with EZ-Clone Enterprises to provide the flagship software, and they already have an agreement with KGB Farms, a Tier 2 grower, to provide software development and testing services.
The Bottom Line:
Research on three dispensaries in the Bay Area showed that 70% of cannabis flower samples tested positive for pesticides. Emerald Metrics can help address that. They make growing quality cannabis at scale safe, faster, better -- and smarter.
Investment Overview
$632,449 - Total
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Location
- Portland, Oregon
- Company Website
-
Visit Website
Team
Financials
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
03/30/2018 | SeedInvest | - | $632,449 | Debt | Funded | RegCF / RegD 506(c) |