Smart Apply®, Inc.

Smart Apply®, Inc. is a rapidly growing agtech company based in Indianapolis, founded in 2019. The company's flagship product, the Smart-Apply® Intelligent Spray Control System™, utilizes LiDAR technology to provide precise spraying and data solutions for growers of high-value specialty crops, including trees, vines, hops, and nursery plants. This innovative approach decreases chemical usage and costs by an average of 50%, while also reducing chemical run-off and air borne drift by up to 92% and 87% respectively, thus offering an environmentally friendly solution. In October 2022, Smart Apply® received a notable $3.11M Seed Round investment from Serra Ventures, VisionTech Partners, and Frontier Angels. This investment has enabled the company to further develop and expand its product offerings. Notably, the company was acquired by John Deere in July 2023, joining the esteemed company's portfolio. Smart Apply's Intelligent Spray Control System not only offers innovative spraying technology but also includes a data component that records essential information during each spray event. This data is crucial for farm operations, reporting requirements, and can be integrated with the John Deere Operations Center for additional analytics and benefits. The company distributes its products through a network of authorized dealers worldwide, aiming to reach growers on a global scale. Overall, Smart Apply® presents a compelling solution for precision spraying in agriculture, making it an attractive investment opportunity in the agtech industry, given its innovative technology, notable investments, and acquisition by a major player like John Deere.