Tech Company Financing Transactions

Silo Funding Round

Silo closed a $3 million Seed venture capital round on 5/23/2019. Investors included Initialized Capital, private investors and Penny Newman Grain.

Transaction Overview

Company Name
Announced On
5/23/2019
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors

Initialized Capital (Lead Investor) (Eric Woersching)

private investors (Kevin Mahaffey)

private investors (Matthew Brezina)

private investors (Semil Shah)

Penny Newman Grain (Matthew Nicoletti)

Proceeds Purpose
With this new capital, Silo plans to hire engineering talent to develop new machine learning capabilities, along with product features and tools to support the marketplace and increase liquidity.

Company Information

Company Status
Private & Independent
Industry
AgTech
Mailing Address
200 Green St. 200
San Francisco, CA 94111
USA
Phone
Undisclosed
Email Address
Overview
Silo is a technology-driven marketplace that uses AI to streamline supply chains for perishable agribusiness. Silo's AI and machine learning technology adapts to existing workflows, seamlessly automating the entire supply chain from harvest management, to forecasting and negotiation, through QC and logistics.
Profile
Silo LinkedIn Company Profile
Social Media
Silo Company Twitter Account
Company News
Silo News
Facebook
Silo on Facebook
YouTube
Silo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ashton Braun
  Ashton Braun LinkedIn Profile  Ashton Braun Twitter Account  Ashton Braun News  Ashton Braun on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/23/2019: Natural Partners Fullscript venture capital transaction
Next: 5/23/2019: AmazeVR venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


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