Semios Revenue, Valuation, Funding & Investors

Semios is valued at $1B as of September 2021, a 27.0x multiple on its last reported $37M revenue.

Last Semios valuation

$1B

Undisclosed stage · Sep 2021

Last Semios funding round

$100M

Undisclosed stage · Sep 2021

Semios revenue

$37M

Undisclosed stage · Sep 2021

Key investors in Semios

  • Morningside
  • E-Fund
  • Haywood Securities
  • AgTech Innovation Network

Semios Overview

About Semios

Semios is a Vancouver-headquartered precision agriculture platform for orchard and vineyard growers. It deploys in-field wireless sensor networks, automated pest monitoring traps, and variable-rate biopesticide sprayers. The system delivers real-time data on crop health, irrigation, and pest pressure via a cloud dashboard. Founded in 2010, Semios serves over 1,000 farms across North America and Chile reducing water use by 20 percent and pesticide applications.


Founded

2010

HQ

CanadaVancouver

Website

semios.com

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Revenue

$37M (Sep 2021)

Valuation

$1B (Sep 2021)

Semios Valuation

Semios is currently valued at $1B, based on its undisclosed-stage round in September 2021.

The $100M round was led by Morningside.

Semios valuation by funding round

Semios valuation by funding round
DateStageValuationRevenue Multiple
Sep 2021Undisclosed stage$1B27.0x

Semios Revenue

Semios' latest recorded revenue is $37M, as of its undisclosed-stage round in September 2021. At a $1B valuation, that implies a 27.0x revenue multiple.

Semios revenue by funding round

Semios revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Sep 2021$37M$1B27.0xUndisclosed stage

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Semios Funding History

Semios has raised a total of $184M across 4 funding rounds.

Semios' first fundraising round was a $500K seed round in July 2013. The most recent completed round was a $100M undisclosed-stage round in September 2021.

Semios funding rounds

Semios funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Sep 2021Undisclosed stageMorningside (lead)$100M$1BSemios is a Vancouver-based agtech company founded in 2010 that provides an IoT network of sensors for farmers to monitor and predict crop risks including insects, disease, water, and frost in near real-time, using big data and machine learning to automate crop management. The platform serves permanent crops like almonds, apples, pistachios, and grapes, and has expanded into broadacre crops through acquisitions. It manages over 120 million acres across the U.S., Canada, Australia, New Zealand, Europe, and South Africa, helping farmers reduce chemical inputs, improve water management, and enhance sustainability. On September 29, 2021, Semios closed a $100 million CAD equity financing round led by Morningside Group, with participation from undisclosed family offices and angel investors, bringing total funding to $225 million CAD. This followed a $75 million USD (approximately $100 million CAD) round led by Morningside in February 2020. The new capital supports Semios' acquisition strategy to build global presence and become a leading independent agtech platform, following prior buys of Altrac, Centricity, and Agworld in 2021, with Agworld valued over $100 million. Semios was profitable in 2021 with revenue between $50 million and $75 million CAD, consistently growing at 50% annually for the prior five to six years, and expecting to reach $100 million CAD soon. Revenues had doubled year-over-year on average since 2015, driven by precision farming solutions. The company shifted toward building its own salesforce and partnering with young precision ag firms for distribution. Morningside highlighted Semios' role in sustainable food systems amid climate challenges.
Feb 2020Undisclosed stageMorningside (lead)$75M-Semios is a Vancouver-based precision agriculture platform providing growers with data analytics, machine learning, and IoT solutions for crop management, including pest control, irrigation, weather monitoring, and regulatory compliance across permanent and broadacre crops. The company manages over 120 million acres globally after acquisitions. Semios differentiates with an integrated end-to-end platform addressing annual planning to compliance, unlike fragmented competitors. It has built a salesforce for third-party products and focuses on sustainability in food systems. In February 2020, Semios raised approximately $100 million in a funding round led by Morningside Group, a Boston-based private equity and venture capital firm focused on impactful investments. This brought total funding to around $125 million at the time, enabling international expansion and an acquisition spree in 2021, including Altrac, Centricity, and Agworld, which expanded its platform capabilities. The 2020 round strengthened Semios' balance sheet for strategic growth amid climate challenges like drought, fires, and frost affecting farmers. A subsequent $100 million round in September 2021, also led by Morningside, raised total funding to over $225 million, funding further R&D, deployments to reduce chemical and water use, and additional partnerships or acquisitions.
Apr 2016Series AAgTech Innovation Network; Haywood Securities$8M-Semios raised $8 million in a funding round from AgTech Innovation Network and Haywood Securities around April 2016 for its agricultural precision pest management technology platform. The company provides dedicated crop management solutions, including in-crop wireless networks, remote sensors, pesticide monitoring, and biological pesticide control to help reduce agricultural inputs and improve crop quality. Semios, founded in 2005, has received total funding of $112.1 million from investors including Sustainable Development Technology Canada, Morningside Group, E-Fund, CIBC Innovation Banking, Angel Forum, Haywood Securities Inc., and AgTech Innovation Network.
Jul 2013SeedE-Fund$500K--

Who has invested in Semios?

4 investors have backed Semios across its funding rounds, including Morningside, E-Fund, Haywood Securities and AgTech Innovation Network.

Lead investors include Morningside.


Semios Investors

Investors in Semios by funding rounds participated
InvestorHQRoundsRoleFirst check
MorningsideUnited StatesBoston, MA2LeadFeb 2020
AgTech Innovation Network--1ParticipantApr 2016

This data is available for Pro users. Sign up to see all 4 Semios investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Acquisitions by Semios

Semios has acquired 3 companies to date.

Last acquisition by Semios was on August 24th 2021. Semios acquired Agworld for $100M.


Latest Acquisitions by Semios

Agworld
Centricity
Altrac
Description
Agworld is a cloud-based farm data management platform with headquarters in Perth, Australia, and offices in Windsor, Colorado, and Sacramento, California. It enables growers, agronomists, and suppliers in Australia, the United States, New Zealand, and South Africa to capture, share, and analyze field data including planting records, inputs, and yields. Integrated with machinery like John Deere and Trimble, the platform supports iOS apps and web access for real-time reporting and decision-making.
Centricity is a Wenatchee-headquartered agribusiness technology firm advancing data sharing in food supply chains. Its Trust Mediation framework enforces data rules for farm sensors, enabling secure exchanges between growers, packers, and retailers. The platform includes mobile apps for orchard yield tracking and integrates with John Deere equipment, serving apple producers in Washington state and beyond.
Altrac is an agriculture automation developer enabling remote monitoring and control of farm systems via computers and mobile devices. Its IoT solutions optimize irrigation, livestock, and machinery management.
HQ CountryAustraliaUnited StatesUnited States
HQ City
Perth
Seattle, WA
San Francisco, CA
Deal Date24 Aug 202121 Jun 20218 Jun 2021
Valuation$100Mundisclosedundisclosed
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all Semios acquisitions and their M&A valuation multiples.

Start Free Trial

Semios Competitors

Semios competitors include listed companies like Genus and Ituran Location & Control, and private ones like Infarm, Greenlabs, eFishery and Distynct.

Public and private companies comparable to Semios
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
InfarmGermanyBerlinPrivate--$1B-
GreenlabsSouth KoreaSeoulPrivate$218M$145M$840M3.9x
eFisheryIndonesiaBandungPrivate$157M-$1.4B-
DistynctUnited StatesAmes, IAPrivate--$1.8B-
GenusUnited KingdomUnited KingdomPublicly listed$903M$122M$1.9B2.2x
Ituran Location & ControlIsraelIsraelPublicly listed$359M$93M$1B2.4x

Semios Public Comps

Semios is still privately-owned, but its public comps include AGT Food and Ingredients, Okomu Oil Palm Company, 3tentos, Elders, Ituran Location & Control, Graincorp, AEP Plantations, Aeva, Arcadyan Technology and NPK International.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
AGT Food and Ingredients$59M$56M18.1x0.5x18.9x7.5x
Okomu Oil Palm Company$149M$88M6.8x6.3x11.6x-
3tentos$3.2B$233M0.5x0.5x7.5x7.8x
Elders$2.3B$119M0.7x0.6x13.5x8.1x
Ituran Location & Control$359M$93M2.6x2.4x10.2x8.8x
Graincorp$5.2B$179M0.4x0.5x12.2x13.8x
AEP Plantations$465M$130M2.0x1.9x7.3x5.9x
Aeva$18M($139M)54.7x35.6x(7.1x)(8.7x)

This data is available for Pro users. Sign up to see all Semios competitors and their valuation data.

Start Free Trial

Common questions about Semios

When was Semios founded?Semios was founded in 2010.
Where is Semios headquartered?Semios is headquartered in Vancouver, Canada.
Is Semios publicly listed?No, Semios is a private, VC-backed company.
What is Semios' valuation?Semios was last valued at $1B in its undisclosed-stage round in September 2021.
How much funding has Semios raised?Semios has raised $184M across 4 funding rounds.
What was Semios' last funding round?Semios' last funding round was a $100M undisclosed-stage round in September 2021, led by Morningside.
Who are Semios' investors?Semios' investors include Morningside, AgTech Innovation Network, E-Fund and Haywood Securities.
What is Semios' revenue?Semios' latest recorded revenue is $37M (September 2021).
What is Semios' revenue multiple?Semios' latest valuation implies a 27.0x revenue multiple ($1B valuation on $37M of revenue).
Which companies are comparable to Semios?Companies comparable to Semios include Infarm, Greenlabs, eFishery, Distynct, Genus and Ituran Location & Control.
How many companies has Semios acquired?Semios has acquired 3 companies, including Agworld, Centricity and Altrac.
What was the largest acquisition by Semios?The $100M acquisition of Agworld in August 2021 is the largest acquisition Semios has made to date.

See companies similar to Semios

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial