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Vence

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.

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About Vence

Founded

2016

Estimated Revenue

$1M-$10M

Employees

11-50

Funding / Mkt. Cap

$15M

Category

Sector

Information Technology

Industry Group

Software & Services

Industry

Software

Location

City

San Diego

State

California

Country

New Zealand
Vence

Vence

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