SwineTech is a technology company.
SwineTech has raised $6.0M across 2 funding rounds.
SwineTech has raised $6.0M in total across 2 funding rounds.
SwineTech has raised $6.0M in total across 2 funding rounds.
SwineTech's investors include Avalancha Ventures, Independent, Innova Memphis, LAUNCH, LvlUp Ventures, Osney Capital, Quake Capital, Techstars, Vamos Ventures.
SwineTech is an agtech company specializing in software solutions for the pork production industry, with its flagship product PigFlow—a point-of-care platform that streamlines swine management by automating workflows, ensuring process compliance, and providing real-time operational oversight.[1][2][3] It serves pork producers worldwide, addressing challenges like labor shortages, poor communication, and inconsistent care quality to boost farm profitability, animal welfare, and productivity metrics such as pigs per sow per year (PSY).[2][3][6][7] Founded in 2015 and headquartered in Cedar Rapids, Iowa, the company has raised $18.42M, achieved corporate minority funding stages, and demonstrated growth through partnerships like the "Modern Tech Stack" with MetaFarms and Jyga Technologies, plus strategic investments from PIC (Pig Improvement Company).[1][2][3]
Customer testimonials highlight PigFlow's impact, with farms reporting PSY improvements from 28 to 32 in nine months, earlier shift endings, and better accountability—translating to higher efficiency without added headcount.[3][7]
SwineTech was founded in 2015 by Matthew Rooda, Abraham Espinoza, and John Rourke, who aimed to empower farmers with technology for high-quality, individualized animal care in food production.[1][6] Emerging from an accelerator program, the team won nearly all of 30 global startup competitions, securing over $300,000 in grants from entities like Microsoft, MIT, Harvard, and Purdue University to fund on-farm trials and research with Kansas State University.[6]
Initially, SwineTech launched SmartGuard, a patented piglet crushing prevention technology that protected millions of pigs in the US and Canada.[6] Growth revealed broader needs—labor shortages, operational invisibility, and communication gaps—prompted by insights from 33 of the top 40 US pork producers and 200 farm employees.[6] This led to PigFlow's development as a comprehensive workforce and management platform.[2][6]
SwineTech rides the agtech wave toward data-driven, sustainable swine production, adopting a three-layered model (records/data, point-of-care, precision tech) inspired by healthcare's EMR, patient care, and diagnostics stratification—enabling precise livestock management amid rising demands for efficiency and welfare.[2][4] Timing aligns with industry shifts: labor shortages, sustainability pressures, and tech adoption, accelerated by post-2020 supply chain strains and AI/IoT growth in agriculture.[2][4][6]
Market forces like pork demand, feed optimization needs, and regulatory compliance favor SwineTech, as seen in PIC's investment for innovative predictability.[3] It influences the ecosystem by setting integration standards, fostering collaborations, and proving ROI—elevating pork producers' competitiveness like dairy agtech peers (e.g., IceRobotics, SomaDetect).[1][2]
SwineTech is poised to dominate swine agtech through expanded Modern Tech Stack integrations and AI-enhanced diagnostics, targeting global scale as pork production digitizes.[2][4] Trends like IoT for behavior monitoring (rivaling Remote Insights) and workforce automation will propel growth, especially with labor crunches and welfare mandates.[1][6] Its influence may evolve into ecosystem orchestration, powering predictive analytics and sustainability metrics for top producers—building on $18M+ funding and awards to potentially reach unicorn trajectory in precision ag.[1][6] This positions SwineTech as the PigFlow for pork's digital transformation, empowering every pig with optimal care.
SwineTech has raised $6.0M across 2 funding rounds. Most recently, it raised $5.0M Series A in March 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2020 | $5.0M Series A | Avalancha Ventures, Independent, Innova Memphis, LAUNCH, LvlUp Ventures, Osney Capital, Quake Capital, Techstars, Vamos Ventures | |
| May 1, 2017 | $1.0M Series A | Avalancha Ventures, Independent, LAUNCH, LvlUp Ventures, Osney Capital, Quake Capital, Techstars |