OneSoil

OneSoil is a Swiss-based agricultural technology company providing a precision farming platform that leverages satellite imagery and proprietary machine learning algorithms. The company was founded in 2017 by Usevalad Henin, Slava Mazai, and Sasha Yakovlev. The idea originated in 2014 when Henin, an expert in Geo-Information Systems, and Mazai, a programmer with a passion for drone photography, began collaborating on creating maps for farmers. They were joined in 2016 by Yakovlev, who focused on product development.

Operating on a freemium business model, OneSoil offers a suite of digital tools at no cost to farmers and agricultural consultants worldwide. The platform includes a web application and the OneSoil Scouting mobile app for both Android and iOS, which assist in monitoring crop health via the NDVI index, identifying problem areas, planning operations, and reducing input costs. Its technology can automatically detect field boundaries, recognize 13 different crops, and analyze data to create productivity zones for variable-rate fertilizer and seed applications. This core service is used by over 200,000 farmers in more than 180 countries, covering a significant percentage of the world's arable land. Revenue is generated through paid analytics, advanced Pro features, and technological solutions provided to large agricultural companies, with clients including major players like BASF and Krone. Additionally, the company offers hardware such as weather sensors and modems for more precise data collection.

The company has secured a total of $6.7 million in funding over three rounds. Initial pre-seed funding of $500,000 in 2017 was followed by a $1.2 million seed round in 2019 from investors Palta and Bulba Ventures. A subsequent Series A round in April 2021, led by Almaz Capital and PortfoLion, raised $5 million to support expansion in Europe and the Americas. In 2021, Morten Schmidt, formerly of CNH Industrial, was appointed CEO to guide the company's global growth.

Keywords: precision agriculture, agritech, satellite imagery, machine learning, crop monitoring, variable rate application, NDVI, farm management software, digital farming, agricultural data analytics, sustainable agriculture, field scouting, yield optimization, fertilizer management, crop health, soil productivity, remote sensing, VRA, agricultural technology, farm data