(Manchester, New Hampshire, August 6) — York IE, an advisory and venture capital firm that helps technology companies grow, today announced an investment in Terrantic, a data operations platform for the food supply chain.
York IE participated in Terrantic’s $3.5 million seed round led by Supply Change Capital with participation from Vitalize VC and existing investor Array Ventures.
“York IE is excited to invest in Terrantic, a company transforming the fresh produce supply chain with an innovative data platform,” said Matt Shapiro, York IE’s Director of Investments and Strategy. “Terrantic’s unique approach to system interoperability and real-time data processing addresses critical inefficiencies, delivers unprecedented insights, and dramatically improves productivity. We are confident in their experienced team and market potential. This investment aligns with our mission to support innovative vertical software technologies.”
Terrantic will use the new funding to continue to help food processing companies optimize their supply chain operations and ensure that products reach their destinations at the highest quality, minimizing food waste and improving yields. The platform has helped food processing companies increase shelf life by 20% and production throughput by 40%.
“We are proud to be at the forefront of this emerging market and look forward to using this funding to help more food processing companies become more productive,” said Trevor Cox, Terrantic’s co-founder and chief business officer.
“Our technology is the nerve center that gives food processors the end-to-end visibility and contextual execution they need to connect their food supply chain,” said Krishna Srinivasan, Terrantic co-founder and CEO. “Our investments in improving our technology and sales engine will help us reach and transform more companies’ operations in the future.”
York IE helps startups grow and maintain choice in a way that benefits founders, investors, and all other stakeholders. The firm takes a hands-on approach, providing active capital and operational expertise to early-stage B2B SaaS companies, giving them a strong chance of becoming successful and sustainable companies.
Terrantic is part of York IE’s 10th investment cohort. The firm has now announced 68 investments in over 50 companies worldwide.
For more information, visit york.ie/investments.
About YORK IE
York IE is an advisory and venture capital firm that helps technology companies grow. York IE leverages its 200+ global operations team, data and automation technologies, and deep ecosystem relationships to provide advisory services across product, launch, and finance, and selectively invest in early-stage B2B SaaS startups. Founders, operators, and investors at all stages rely on York IE to build, scale, and monetize their businesses. Fuel your strategic growth with York IE.