Verility closes on $3.5 million Series A funding for Fertile-Eyez
Summary
The round was led by Mountain Group Partners of Nashville, Tennessee, and includes a previous investment from Purdue Foundry.Verility has created a global platform called Fertile-Eyez that provides fertility analysis products that enable livestock producers and breeders to accelerate reproductive performance. Its extremely exciting to have the ability to bring automated mobile breeding technologies into a segment of the animal health industry that normally does not see much innovation. "Mountain Group Partners is excited to bring our expertise in animal health to help Verility develop the Fertile-Eyez technology to allow swine producers to be more productive through improved reproductive performance," Readnour says. "The proprietary, AI-enabled, smartphone-based platform technology that my lab has created has broad applications in precision animal health and breeding," he says. Riley Gibb, director of business development at Purdue Foundry, says the company is a strong example of startups that bring Purdue-supported innovations to the market.