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RawData

RawData

Invest from €500

Archipélago Next
Notable investor Archipélago Next
Invest €200,000
  • Invested €283,863
  • Goal €300,000
  • 94.62% completed
  • 03/2023 Closed on
  • Invested €283,863
  • Goal €300,000
  • 94.62% completed
  • 72 Investors
  • 03/2023
Invest in less than 5 min.

Understanding the investment opportunity

RawData is an agrotech specializing in digital solutions with artificial intelligence to ensure sustainability in agriculture.

Founded in 2018 in Barcelona, it was created with the aim of accelerating digitalization and its benefits for agri-food companies.

The origin of the company comes from the use of artificial intelligence models for crop prediction in a Master's thesis on Big Data by the 2 founders, David Olmo and Albert Duaigües. Both founders come from farming families, so they are linked to the agri-food sector since their origins.

At the end of 2020 RawData launches the first version of the modular all-in-one solution for medium and large companies and/or organizations operating in high-value crops (mainly horticulture, viticulture, nuts, and olives). This solution is oriented to the agronomic and personnel departments, which are the departments that are not normally digitized through the ERP.

At RawData we identified the opportunity represented by the lack of an integrated solution aimed at complementing the ERPs, which usually provide value to the financial and accounting, commercial and legal departments, but not to the agronomic and HR areas.

RawData, therefore, offers a centralized all-in-one modular digital solution, with 4 major blocks: AgroData, Sustainability, HR, and predictions.

These modules make it possible to solve problems in the sector that are currently being solved with a mix of decentralized digital and non-digital solutions, which is a serious economic and efficiency problem for the sector.

The objective is to capture the client by solving their most urgent digitalisation challenge, in order to subsequently increase the services consumed by the client with cross-selling strategies.

Currently, they already have clients in 5 countries and 3 continents, with the key being the 100% digital onboarding process, which does not require physical travel to the client's facilities.

INVESTMENT STAGE

EARLY

MARKET

  • agriculture
  • predictive-analytics
  • sustainability
  • (+2)

OFFICIAL WEBPAGE

Fiscal benefits

Investing in RawData offers you fiscal benefits
VIDEOS

RawData Team

Albert Duaigües CEO
Albert Duaigües
CEO

Aportando soluciones tecnológicas con Big Data para el sector agro. Con el reto de ayudar a crear una agricultura más sostenible y con menos

David Olmo Pérez CTO
David Olmo Pérez
CTO

Amplia experiencia en machine learning y deep learning. He trabajado durante los últimos 3 años en Grifols en desarrollo y gestión.

Emma Sabater

Emma Sabater

Administración

Alejandro Martín Vázquez

Alejandro Martín Vázquez

Full Stack Developer

Victor Ojeda

Victor Ojeda

Front-End Developer

Nuria Marco

Nuria Marco

Customer Success Lead

Verónica Salido

Verónica Salido

CMO

Raquel Menendez

Raquel Menendez

Customer Success

Ismael Morante

Ismael Morante

Back-End Developer

Alberto Garcia

Alberto Garcia

Account Executive

Sonia Espigares

Sonia Espigares

Account Executive Lead

Jorge Martinez

Jorge Martinez

Front-End Developer

Miguel Ros

Miguel Ros

Data Scientist

Sandra Kim

Sandra Kim

UX/UI lead

Jose Carlos Gago

Jose Carlos Gago

Back-End Developer

Ramón Liaño

Ramón Liaño

SDR

Current investors
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.

INVESTOR

Archipélago Next

Archipélago Next

INVESTOR

StartupLabsSpain

StartupLabsSpain

ACCELERATOR

Toubkal Partners

Toubkal Partners

INVESTOR

la Bolsa Social

la Bolsa Social

INVESTOR

Accelerators
Lanzadera

Lanzadera

ACCELERATOR

NetMentora

NetMentora

ACCELERATOR

Telefonica OPEN FUTURE

Telefonica OPEN FUTURE

ACCELERATOR

Reasons to invest View more data

  • New legislation in Spain makes it compulsory to digitize the field notebook from mid-2023 and send it to the public system. This will oblige professional farms to have a digital solution in order to comply with current legislation. See legislation

  • Growing market size worldwide, with an 11.5% growth rate of B2B SaaS in Farm Management. More info here

  • Investment in Agtech projects doubles by 2021 compared to 2020

  • International scalability: Currently they already have clients in 5 countries and 3 continents, with the key being the 100% online sales and onboarding process.

  • All-in-one strategy. This strategy allows capturing the customer by solving an initial problem and then growing in services and average ticket per customer. In 2022, 40% of MRR expansion is thanks to upgrades.

  • Financial strategy, 2023 they plan to leverage this round of private financing with public funds (ENISA, ICF, and CDTI). The aim is to double the amount of private funding.

  • Fragmented competition, with partial solutions and no clear leaders.

  • RawData Team, where they have already assembled a talented and committed team with a great knowledge of the sector's problems.

Who is the reference investor?

Archipélago Next

Archipélago Next

INVESTOR

Invest €200,000
OFFICIAL WEBPAGE www.archipelagonext.com
About Archipélago Next
Archipelago Next es el primer fondo privado canario de inversión para startups tecnológicas creado por Grupo Satocan, Binter, Grupo Dinosol, Inerza-Contactel (Inetel) y Domingo Alonso Group con el foco puesto especialmente en el archipiélago y África.
  • Investing in startups:Since 2017
  • Investment:6M€
  • # invested49
Why do I invest in RawData?

We invested in RawData - apart from the fact that they more than meet our product, market, and team requirements - because we believe they have a lot of upside as a potential leader in the digitization of a sector that has only just "started to walk" in that direction. They have proven that they are able to retain their customers, with up and cross-selling and we are convinced that with the money from the round they will be able to accelerate customer acquisition and growth.

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Important

Startup investments have associated risks, including: Liquidity Risk, Information Risk, Risk of loosing partially or totally the investment capital, fast changing operation environment, regulatory and legal risks, minority investment risks, no capacity of influence on the company management. Due to the high uncertainty associated to this type of investment, you should contemplate investing only if you fully understand the risks and always as part of a diversified investment portfolio.

Click here to read the “basic information for the customer” before investing.

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