Rantizo, the leading operator network for spray drone services, secured $6M in investment to expand its operator network. Led by Leaps by Bayer, with Fulcrum Global Capital and Innova Memphis, this round will allow the new executive team to lean into a new growth strategy for Rantizo.
"Our vision is to build a service network that puts autonomy to work in ag, starting with spray drone services. We are excited to expand our nationwide operator network, deploy our work management and as-applied map software, and continue our exponential growth in acres treated," said CEO Mariah Scott.
According to a press release, Rantizo has more than doubled the total acres flown YoY, with operators in 30 states. Rantizo operators currently fly and apply with more than 20% of the Top 50 ag retailers, using spray drones to provide timely, local, and precision application services for crops ranging from Arkansas rice to Iowa corn to Oregon hops and Idaho potatoes, enabling ag retailers to expand their services to growers.
DJI Agras T40 DJI Agras T30 DJI Agras T10
This year, Rantizo more than tripled the acres treated for Simplot, a result of the new strategy introduced by CEO Mariah Scott. She joined the company in April, after leading Verizon Robotics and the successful acquisition of Skyward, a drone management company, by Verizon. At Rantizo, she strengthened the executive team, bringing in leaders with extensive experience in software, service operations, agricultural sales and marketing, aviation, drones and finance.
"Rantizo has been a great partner in servicing our grower customers. The drones utilized by Rantizo allow us to provide crop inputs on acres that otherwise may miss an application or go untreated due to poor or wet conditions. We look forward to building upon our current successes and growing this partnership across more of our geography," says Jordan Hart, Regional Operations Manager, Simplot.
"We are excited about the new leadership team at Rantizo. They bring the deep and diverse experience across drones and agriculture required to effectively deploy the service and deliver on the strategy" said PJ Amini, Sr. Director, Leaps by Bayer.
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