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Areete - About the company

Areete is a seed company based in Pune (India), founded in 2021 by Sirinivas Subramanian, V S Shridhar and Sriram Subramanian. It operates as a Provider of cattle health monitoring solutions. Areete has raised $1.11M in funding from Scitech Park, with a current valuation of ₹29.5Cr. The company has 43 active competitors, including 16 funded and 2 that have exited. Its top competitors include companies like Cattle Eye, Agricam and LiveCare.

Company Details

Provider of cattle health monitoring solutions. It offers IoT and AI solution company that specializes in developing and delivering digital solutions for cattle health and activity.
Website
areete.org
Social
TwitterFacebook
Email ID
*****@areete.org
Phone Number
+91 **********
Registered Address
FL 404, Bldg. G, SN 128, Sylvan Heights, Sanewadi, Aundh, Pune, Pune, Maharashtra, India, 411007
Key Metrics
Founded Year
2021
Location
Pune, India
Stage
Seed
Total Funding
$1.11M in 2 rounds
Latest Funding Round
Post Money Valuation
₹29.5Cr as on Jul 02, 2024
Ranked
Annual Revenue
₹85.3L as on Mar 31, 2024
Employee Count
37 as on Dec 31, 2024
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Areete's funding and investors

Areete has raised a total funding of $1.11M over 2 rounds. Its first funding round was on Jun 17, 2022. Its latest funding round was a Seed round on Mar 31, 2023 for $1.04M. 8 investors participated in its latest round, which includes Angel List, Indigram labs, Scitech Park and Baifagro.

Areete has 5 institutional investors including Scitech Park, Angel List and Indigram labs. Angel List is the largest institutional investor in Areete. Siva Reddy and 15 others are Angel Investors in Areete.

Here is the list of recent funding rounds of Areete:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Mar 31, 2023
$1.04M
Seed
4032462
1341814
Jun 17, 2022
$64.1K
Seed
8478750
7044827
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Areete's founders and board of directors

Founder? Claim Profile
The founders of Areete are Sirinivas Subramanian, V S Shridhar and Sriram Subramanian.
Here are the details of Areete's key team members:

Areete's employee count trend

Areete has 37 employees as of Dec 24. The total employee count is 19.0% more than what it was in Dec 23. Here is Areete's employee count trend over the years:
Employee count trend for Areete
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Areete's Competitors and alternates

Top competitors of Areete include Cattle Eye, Agricam and LiveCare. Here is the list of Top 10 competitors of Areete, ranked by Tracxn score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Areete
Areete
2021, Pune (India), Seed
Provider of cattle health monitoring solutions
$1.11M
53/100
2nd
Logo for Cattle Eye
Cattle Eye
2019, Belfast (United Kingdom), Acquired
Provider of livestock monitoring solutions
$2.5M
41/100
3rd
Logo for Agricam
Agricam
2010, Linkoping (Sweden), Seed
Real time livestock health monitoring hardware and software solutions
$61.4K
33/100
4th
Logo for LiveCare
LiveCare
2015, Seoul (South Korea), Series A
Integrated platform for real-time monitoring of livestock animals and data analytics
$6.87M
31/100
5th
Logo for ProTag
ProTag
2019, Waitoa (New Zealand), Seed
Developer of smart ear tags for pasture management, and cow health monitoring
$664K
27/100
6th
Logo for Cattle Care
Cattle Care
2016, San Francisco (United States), Seed
Provider of a video surveillance analytics platform for cattle farm monitoring
$25K
26/100
7th
Logo for Dropnostix
Dropnostix
2015, Potsdam (Germany), Seed
Provider of cloud and sensor-based health monitoring solutions for dairy farmers
-
25/100
8th
Logo for Vital Herd
Vital Herd
2012, Austin (United States), Seed
Animal monitoring solution for livestock farmers
$1.3M
24/100
9th
Logo for DVM Systems
DVM Systems
2009, Greeley (United States), Seed
An integrated software and hardware system to monitor bovine health
$2.24M
24/100
10th
Logo for Cowmed
Cowmed
2010, Santa Maria (Brazil), Seed
Provider of cloud-based cattle health and nutrition monitoring solutions
$1.11M
23/100
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Areete's Latest cap tables and shareholding

Founders (largest shareholder) own 61.26%, Funds own 6.62%, Enterprises own 12.58% and Angels own 8.85%. The net worth of Areete's founders is INR 18Cr as of Jul 02, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative investment
Realised returns
Unrealised returns
Return multiple
Founder
61.26%
18Cr
8678328
5706696
8448679
5612331
1252811
2476353
9537318
5280506
6501353
9409553
1577305
8006891
9207313
8911779
9904952
2225667
8115485
5905145
2537256
2996129
6657145
9606549
Fund
6.62%
1.95Cr
689508
986579
882102
937102
12
80
66
67
49
63
Enterprise
12.58%
3.7Cr
6837137
1751320
4430325
3194609
Angel
8.85%
2.6Cr
3969505
6209264
3310117
3416130
0
0
0
0
0
0
Other People
10.72%
3.16Cr
3267202
7132480
2961891
5710800
Total
100.00%
29.5Cr
2770844
6970925
3577709
1162518
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Areete's Shareholding

Areete's Investments and acquisitions

Areete has made no investments or acquisitions yet.

Reports related to Areete

Here is the latest report on Areete's sector:

News related to Areete

Media has covered Areete for 1 event in last 1 year, It was about partnerships.
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FAQ's about Areete

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