Herdwatch has secured a multi-million-euro investment backed by Renatus Capital Partners, the company has revealed.
Based in Tipperary, Herdwatch is a livestock management platform used on over 18,000 farms in Ireland and the UK, making it the number one farm management software in those markets.
The Herdwatch platform digitalises and streamlines livestock farming, helping farmers in Ireland and the UK:
- Save time;
- Eliminate paperwork;
- Make better decisions in their farming operations.
Features in the Herdwatch app – as outlined in this news article – include:
- Easy calf registration & movements
- Effortless setup with auto herd sync
- Full herd & breeding management (including ICBF integration)
- Feed & remedies compliance for Quality Assurance
- Milk Records & Insights to help drive cow performance
- Field, spray, & fertiliser records
- Weight recording & ADG analysis
- Order replacement tags & more.
According to a recent member survey, the app saves farmers an average of 3 hours a week on paperwork.
Flockwatch and growth
Earlier this year, Herdwatch launched Flockwatch, a new platform that helps sheep farmers track ewe and flock performance and streamline compliance reporting.
The company plans to launch Flockwatch in the US, Canada, New Zealand, and Australia in the “near future”.
The firm currently has a team of 60 people and plans to increase this to 80 over the next two years to support international growth and farm digitalisation efforts.
Following the recent investment, founding members FRS Network (Farm Relief Services) and Fabien Peyaud (co-founder and CEO), will remain “significant” shareholders.
Fabien Peyaud, CEO, and co-founder of Herdwatch, said: “We are extremely proud of our achievements to date, but there is so much more we can do to help farmers across the world.”
“We have the ambition, fantastic people on the team, and now the balance sheet to match. This is the start of an exciting new chapter in the Herdwatch story. Watch this space,” he concluded.