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Fyllo is a technology company.
Fyllo develops a marketing and compliance platform for highly regulated sectors. Its Fyllo Compliance Cloud offers software and services to navigate complex regulatory landscapes, notably in the cannabis industry. The platform integrates advanced data with contextual targeting, enabling compliance management and effective advertising strategies.
Fyllo was founded in April 2019 by experienced entrepreneur Chad Bronstein. Bronstein identified a critical gap in the burgeoning cannabis market: a lack of specialized tools bridging legal frameworks with mainstream marketing. His insight: build a platform allowing businesses in this unique industry to operate efficiently and compliantly.
The company primarily serves businesses in heavily regulated markets, focusing on cannabis. Fyllo's vision is to empower these enterprises by simplifying regulatory adherence, fostering sustained performance and growth. It aims to unlock new opportunities, enabling customers to concentrate on innovation and market expansion within their niches.
Fyllo has raised $72.4M across 7 funding rounds.
Fyllo has raised $72.4M in total across 7 funding rounds.
Fyllo has raised $72.4M in total across 7 funding rounds.
Fyllo's investors include India Quotient, SIDBI Venture Capital, Kristopher Koka, Arcadian Capital Management, ArrowMark Partners, JW Asset Management, K2 Asset Management, Longview Capital Advisors, Phyto Partners, Salveo Capital, 100X.VC, AngelList.
Fyllo is a precision agriculture technology company that builds IoT devices and analytics platforms to deliver real-time, data-driven insights for farmers, optimizing crop production, irrigation, and resource use.[1][2][4] It serves farmers growing over 20 crops, primarily in India, solving key problems like inefficient decision-making, excessive water and fertilizer use, and variable yields amid climate challenges by providing actionable recommendations via mobile apps and dashboards.[2][3][4] With $6 million in total funding across two rounds, including a recent raise for geographic and product expansion, Fyllo demonstrates strong growth momentum, now supporting thousands of farmers and reporting user testimonials of 50-100% yield improvements and 60% reductions in inputs.[1][3]
Fyllo was founded in 2019 in Bengaluru, India, by Sudhanshu Rai and Sumit, drawing from the Greek word for "leaf" to symbolize agriculture and prosperity.[1][4] The idea emerged to eliminate guesswork in farming through data precision, starting with a small group of farmers and scaling to thousands using over 100 agronomy models across 20+ crops.[4] Early traction came from real-world results, such as grape growers in Maharashtra and Karnataka achieving superior canopy, produce quality, and cost savings—e.g., reducing irrigations from 11-12 to 4 per season while doubling fruitfulness—fueling adoption amid a new tech-savvy farmer generation.[1][2]
(Note: hellofyllo.com [5] refers to a separate U.S.-based adtech firm; all details here pertain to the Indian agritech Fyllo at fyllo.in.[1][2][4])
Fyllo rides the precision agriculture wave, leveraging IoT, AI, and ML to transform traditional farming amid India's evolving solar and agritech sectors, where tech adoption counters climate risks and resource scarcity.[1][4] Timing aligns with a surge in tech-savvy farmers and investor interest—evident in Fyllo's funding for expansion—amid market forces like government pushes for sustainable agriculture and robotics in related fields like solar O&M.[1] It influences the ecosystem by democratizing data-driven decisions, elevating productivity for millions, and pioneering a "next-gen agri intelligence platform" that could redefine cross-border scalability in emerging markets.[1][2]
Fyllo is poised for Series A and profitability, expanding products, geographies, and crops to capture surging precision ag demand.[1] Trends like AI-enhanced climate resilience and farmer tech adoption will propel growth, potentially evolving Fyllo into a category leader redefining data-backed farming from Bengaluru to global scales. This precision pioneer, born to remove farming's guesswork, stands to harvest outsized impact in agritech's fertile frontier.[1][4]
Fyllo has raised $72.4M across 7 funding rounds. Most recently, it raised $4.0M Other Equity in June 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2024 | $4.0M Other Equity | India Quotient, SIDBI Venture Capital | |
| Nov 8, 2021 | $40.0M Series C | Kristopher Koka | Arcadian Capital Management, ArrowMark Partners, JW Asset Management, K2 Asset Management, Longview Capital Advisors, Phyto Partners, Salveo Capital |
| Jun 7, 2021 | $410K Seed | ||
| Sep 1, 2020 | $34K Seed | 100X.VC, AngelList, Anicut Capital | |
| Aug 12, 2020 | $10.0M Series A | JW Asset Management, K2 & Associates | Arcadian Capital Management, Phyto Partners, Salveo Capital |
| Sep 4, 2019 | $16.0M Seed | Jason Klarreich, K2 & Associates | |
| Jan 1, 2019 | $2.0M Other Equity |