WH Ireland secures private investment for AgriSound

WH Ireland is delighted to have acted as the exclusive financial adviser and broker to secure a private institutional investment for AgriSound, which uses proprietary audio technology to enable accurate, real-time pollinator monitoring. AgriSound is helping to reshape the pollinator monitoring market by offering a high performance biodiversity tool, the PollyTM to measure pollinator activity continuously and accurately. The investment with new and existing investors will help further the ambitious growth plans driven by its CEO and Founder, Casey Woodward. This new capital will be utilised to accelerate the growth of AgriSound through building out its sales and marketing as well as enhancing existing technology to optimise the customer experience, scaling further in its core market in the UK as well as internationally.

Casey Woodward, CEO and Founder of AgriSound commented, “This is an exciting time for AgriSound.  Our customers are looking for more affordable, accurate and sustainable pollinator monitoring options, and AgriSound’s PollyTM is the ideal solution. This new funding will allow us to facilitate the launch of the new PollyTM, to offer fast delivery to customers in 2024, and to grow significantly our existing network of retailers. The funding sourced by WH Ireland and from existing investors will enable us to put the building blocks in place to further expand the AgriSound offering. We were extremely impressed by the way in which the WH Ireland team worked on this transaction to secure a successful outcome for AgriSound and to support the next stage of our ambitious growth strategy.”

Lisa Fox, Head of Private Growth Capital at WH Ireland commented, “WH Ireland is proud to have worked alongside AgriSound to source this private institutional investment, and can see the management team leading the way in reshaping the future of pollinator monitoring, both in the UK and internationally. We very much look forward to supporting the company’s progress”.

WH Ireland acted as exclusive financial adviser and broker to AgriSound in connection with this transaction.

About AgriSound

AgriSound is an early stage company, headquartered in York, selling data services (audio technology for monitoring pollinator populations), which has grown rapidly since its formation. AgriSound has announced plans to expand further in the UK and ultimately in USA and European markets.

About WH Ireland Private Growth Capital

WH Ireland Private Growth Capital sits within WH Ireland’s Capital Markets business, which provides financial advisory and broking services to public and private growth companies. The latter’s expertise covers the full range of solutions, including IPOs, private and public equity placements, takeovers and M&A amongst other specialist remits, including execution services and market making. WH Ireland has built an impressive and diverse network of public and private investors, encompassing everything from large institutions to high-net-worth individuals and family offices.  WH Ireland has been recognised in the “PWC AIM Awards”, “Thomson Reuters Starmine Analyst Awards” and the latest “North West Dealmakers Awards”.

The funding round was led by WH Ireland’s Private Growth Capital team (lisa.fox@whirelandplc.com) in conjunction with AgriSound.  The funding was raised from a combination of existing and new Angel Investors.