SWIIM Systems

Overview
Smart Farming?
Product stageSegments
Growth
?
Crops Monitoring & Analytics
?

SWIIM (Sustainable Water and Innovative Irrigation Management) System, with the support of the United States Department of Agriculture (USDA) and various US grant universities, operates multi-patented technology developed to manage agricultural water budgets, allowing farmers to efficiently allocate water. The company focuses on the midstream of the agricultural value chain, supporting farmers through their harvesting process. The company’s technology is being widely deployed across western US states.

The company provides a device that integrates with existing water measurement tools such as water gauges and analyzes real-time water usage via telemetry, offering farmers information on exactly how much water is used for crops and how much goes back into the ground.

The company’s system can be used for any crop and irrigation system, lending its product flexibility and scope for potential expansion beyond the US. 

In 2018, SWIIM acquired farm management software OnFarm Systems, which operates a customizable dashboard presenting data collected from a range of different internet of things (IoT) sources (weather, pest control, crop models) on any online device. The acquisition provided SWIIM customers with a differentiated product. Moreover, OnFarm’s 500 clients across the United States, Europe, and Asia at the time were accessible to SWIIM.  

In 2020, SWIIM issued its own certification to farmers for the sustainable use of water, conveying to consumers that produce was grown with sustainable water management practices. In addition, SWIIM also introduced its “Certified Water Balance Report”, providing growers with an audited account of their water use. The company’s niche focus on water management, alongside its efforts at differentiation via acquisitions, arms it with potential to broaden its reach.

HQ location:
2442 S. Downing Street #250 Denver CO USA
Founded year:
2009
Employees:
11-50
IPO status:
Private
Total funding:
USD 10.7 mn
Last Funding:
USD 3.0 mn (Series B; Aug 2018)
Last valuation:
-
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