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Portfolio company

BinSentry

Details
Region
Ontario
Industry sector
Agriculture and food technologies
Investment year
2020
Fund
Industrial Innovation Venture Fund
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Investors
Joseph Regan - Industrial innovation venture fund at BDC
Joseph Regan

Senior Managing Partner

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Jonathan Goodkey - Principal, industrial innovation fund at BDC
Jonathan Goodkey

Principal

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About the company

BinSentry is an Agricultural Technology company delivering an Internet of Things solution to customers in the Livestock Feed Industry. For decades, feed mills and livestock producers have struggled with the accurate and timely exchange of information concerning how much feed inventory remains on-farm, how long it will take for livestock to consume it, and when more should be produced and delivered by the mill. BinSentry's innovative sensor installs in on-farm feed bins in less than 10 minutes and finally solves the challenges created by this critical information deficit. Customers leveraging BinSentry sensor-augmented software, make operational decisions equipped with better information, leading to increased operational efficiency, and most importantly; dramatic cost-savings.

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