// startup autopsy

AgriMetis

Farming data that never found its harvest

marketfitSilent Shutdown

Quiet closure with no public announcement · Fatal mistake: Failed to secure follow-on funding after 2015 while burning cash on an agricultural SaaS product with insufficient customer adoption to prove recurring revenue.

Founded	2014
Closed	2017
Country	USA
Sector	Saas

50%

Key Events Timeline

2014-01-01

FOUNDING

AgriMetis founded to bring SaaS analytics to agricultural operations.

2015-06-01

FUNDING

Raised $7.3M in total funding, last known investment round.

2016-06-01

PRODUCT LAUNCH

Continued product development but struggled to scale customer base beyond early adopters.

2017-01-01

SHUTDOWN

AgriMetis ceased operations after failing to raise additional capital or achieve sustainable revenue.

Full Analysis

Analyst plan

Documented cause

AgriMetis struggled to gain traction in agricultural SaaS due to slow enterprise adoption cycles among farming operations and limited recurring revenue. With only $7.3M raised and last funding in 2015, the comp...

any ran out of runway before achieving sustainable product-market fit.

Verified lesson

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€8.8M

Peak valuation

HypeCycle · MoatType · ResearchTags

AgriMetis raised €7.3M before failed to secure follow-on funding after 2015 while burning cash on an agricultural saas product with insufficient customer adoption to prove recurring revenue. ended it. See the documented cause, verified lesson and all failure signals.

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