BinSentry, a Kitchener, Canada–based AI-powered animal feed supply chain optimization company, has raised $50 million in a Series C round.
Investors
The round was led by Lead Edge Capital, with participation from other undisclosed investors.
Lead Edge Capital is a $5 billion growth equity firm that invests in software, internet, and tech-enabled businesses globally. The firm has invested in numerous major software and internet companies. Founded in 2011, Lead Edge Capital has offices in New York City, London, and Santa Barbara.
BinSentry Use of Funds
The company will use the funding to expand its global presence and further develop its AI-powered feed supply chain technology.
About BinSentry
Led by CEO Ben Allen, BinSentry is a precision agriculture technology company delivering AI-powered sensors and real-time monitoring solutions to optimize the animal feed supply chain. Its solar-powered, self-cleaning sensors monitor on-farm feed levels, reducing waste, preventing outages, and eliminating the need for manual inventory checks. Paired with proprietary software and mobile dashboards, BinSentry provides actionable insights that improve demand forecasting, process control, and profitability for major agricultural enterprises. Headquartered in Kitchener, Canada, the company serves Cargill, Wayne-Sanderson Farms, and Hanor, and operates across North America and Brazil with more than 40,000 monitored bins.
Funding Details
Company: BinSentry, Inc.
Raised: $50.0M
Round: Series C
Funding Date: August 2025
Lead Investor: Lead Edge Capital
Additional Investors: Undisclosed
Company Website: https://www.binsentry.com/
Software Category: AgTech / AI-Powered Supply Chain Optimization
Source: https://www.businesswire.com/news/home/20250811415965/en/