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§ Private Profile · Covina, CA, USA
SaaS platform for financial institutions to detect and prevent financial crime, including money laundering and compliance risks.
Hummingbird develops a platform to help financial institutions detect and prevent financial crime, including money laundering and compliance risks. The company offers a SaaS solution that modernizes outdated tools within the financial industry, leveraging advanced technology to enhance anti-financial crime efforts and improve operational efficiency. Founded by a team of experienced technologists and former regulators, Hummingbird's platform is designed to streamline complex regulatory processes and improve the effectiveness of compliance operations for banks and other financial entities. It serves as a critical tool for institutions seeking to mitigate risks associated with illicit financial activities, meet stringent regulatory requirements, and adapt to evolving compliance landscapes. The organization was co-founded by Joe Robinson, who serves as CEO, Jesse Reiss as CTO, Ryan Gerard as Principal Engineer, and Matt Van Busrkirk as CEO, Regulatory.
Hummingbird has raised $48.2M across 5 funding rounds.
Hummingbird has raised $48.2M in total across 5 funding rounds.
Hummingbird Technologies is a precision agriculture technology company that builds an AI-powered SaaS platform using advanced machine learning, deep learning, and computer vision techniques. Its platform analyzes drone, satellite, and remote sensing imagery to deliver actionable insights on crop health, disease risk, weed mapping, yield prediction, and biomass estimation. This enables farmers and agribusinesses to optimize inputs like agrochemicals, reduce costs, increase yields, and farm more sustainably. The company serves farmers globally, including markets in the UK, Brazil, Australia, Canada, Ukraine, Russia, and Malawi, helping them make data-driven decisions at critical points in the growing season. Hummingbird has demonstrated growth momentum by covering over 500,000 hectares of arable crops and developing more than 70 crop-specific machine learning models with over 90% accuracy[1][3][4].
Founded in 2016 in London by Will Wells, who conceived the idea during his MBA at INSEAD, Hummingbird Technologies emerged from the recognition that traditional overuse of agrochemicals was unsustainable environmentally and economically. Wells envisioned leveraging remote sensing from drones, planes, satellites, and robots combined with AI to reduce chemical use while increasing crop yields and supporting farmers’ livelihoods. Early traction included expanding from the UK to international markets and signing contracts in diverse geographies. The company was acquired by Agreena ApS in 2022, marking a significant milestone in its evolution[1][4].
Hummingbird rides the growing trend of digital transformation in agriculture, particularly the integration of AI and remote sensing for precision farming. The timing is critical as global agriculture faces pressures from climate change, resource constraints, and the need for sustainable intensification. Market forces such as increasing demand for food, environmental regulations, and technological advances in drones and AI favor Hummingbird’s solutions. By enabling data-driven farming, Hummingbird influences the broader ecosystem by promoting sustainable practices, reducing environmental impact, and improving supply chain transparency in agriculture[1][4][5].
Looking ahead, Hummingbird Technologies is poised to expand its crop and geographic coverage, deepen AI model sophistication, and further integrate drone automation as drone technology becomes more accessible. Trends such as climate-smart agriculture, sustainability mandates, and precision input management will shape its journey. Its acquisition by Agreena suggests a strategic push toward global green farming transitions. Hummingbird’s influence is likely to grow as it helps farmers balance productivity with environmental stewardship, reinforcing its role as a key innovator in agtech’s future[1][4][5].
Hummingbird has raised $48.2M in total across 5 funding rounds.
Hummingbird's investors include Battery Ventures, 2048 Ventures, Alt Capital, Bowery Capital, foobar.vc, GAMEGROOVE Capital, Global Founders Capital, Gradient Ventures, monashees, Saga, Sarona Ventures, Union Square Ventures.
Hummingbird has raised $48.2M across 5 funding rounds. Most recently, it raised $30.0M Series B in November 2021.