Vence
Vence was founded in 2016 and is headquartered in New Zealand. Control the movement and grazing of your animals directly from your smartphone or using a schedule. Vence uses artificial intelligence to optimize rotational or strip grazing to maximize the yield of your land. The Holdsworth family has run a livestock operation in the Gisborne region of New Zealand for over 100 years. In the last decade, Jasper witnessed the economic benefits of rotational grazing on their property and began investing heavily in fencing infrastructure to increase the productivity of the farm. While the returns have justified the investment, they were sizeable and led him to investigate whether alternatives existed. Looking at the cost structure of the farm he realized that over 30% of the total costs were associated with animal management (fencing, labor, atv, dogs, etc) and pondered a way to use technology to perform this crucial task. Instead of trying to solve the problem himself he reached into his network to find people who could help build a solution…and a business was built.
About Vence
Founded
2016Estimated Revenue
$1M-$10MEmployees
11-50Funding / Mkt. Cap
$15MCategory
Sector
Information TechnologyIndustry Group
Software & ServicesIndustry
SoftwareLocation
City
San DiegoState
CaliforniaCountry
New ZealandVence
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