HerdDogg, Inc. Closes Series A Financing; HerdDogg, Inc. Announces the Closing of Series A Financing
ASHLAND, Ore., Jan. 14, 2021 /PRNewswire-PRWeb/ -- HerdDogg, the Animal Traceability PlatformTM, announced the closing of its $4M Series A Financing. The capital will be used to accelerate market adoption of its patented solution. HerdDogg's innovative data platform helps livestock producers increase profits and enhances food security.
The new investment was led by the Sheldon Group, LLC and joined by the Open Prairie Rural Opportunities Fund and existing investors.
"HerdDogg directly addresses consumer concerns for food safety while also enabling livestock producers to actually make more money," said Edward Hamburg, Managing Partner of the Sheldon Group. "The platform's ability to automatically collect animal-level data, analyze it in real-time, and send critical information to producers on their desktops or cellphones, sets HerdDogg apart from other players in the animal traceability market...