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Monarch Tractor

Monarch Tractor

Private
Livermore, CaliforniaFrontier & Industrial Techhttps://monarchtractor.com

Last Round

Grant

Aug 21, 2024

Est. Valuation

$518M

Total Funding Raised

$219.5M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Monarch Tractor is an agricultural technology company that developed electric, autonomous tractors equipped with AI and sensor technology to improve farming productivity and sustainability.

Sector

Frontier & Industrial Tech

Verticals

Autonomous Vehicles, Electric Vehicles, Fleet Management, Industrial Robotics, Vertical SaaS

Business Model

B2B

Customer Profile

Hardware Sales, Hardware + Subscription

AI Layer

Application

Keywords

autonomous tractorelectric tractoragtechautonomous farmingagricultural roboticsfarm automationfleet management softwareprecision agriculturerobot tractorsmart farmingAI in agriculturedriverless tractorvertical SaaSag robotics

Historical Pricing

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Caplight Momentum Score

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Monarch Tractor Comps

Public and private peers based on sector, stage, and business model.

Monarch Tractor comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Monarch Tractor Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantAug 21, 2024
Series CJul 22, 2024
GrantNov 7, 2022
Series BNov 17, 2021
Series AMar 16, 2021

Key People

Founding team and executive leadership

Zachary Omohundro

CTO, Co-Founder

Founding Team

Praveen Penmetsa

CEO Founder

Founding Team

Monarch Tractor Investors

Notable investors and investment history

Monarch Tractor investors
InvestorRounds
Astanor VenturesSeries C, Series B
At One VenturesSeries C, Series B, Series A
MUUSSeries A
CNH Industrial VenturesSeries B, Series A
PMVSeries C
CTBC Financial HoldingSeries C
CTBC VCSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 16, 2026

    Caterpillar acquired core autonomous technology assets.

  • Apr 7, 2026

    The company has closed its headquarters and laid off nearly all employees.

Monarch Tractor Filings

SEC and related filings with document metadata.

Data table
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Monarch Tractor Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Monarch Tractor's valuation, stock price, and market status.

Firmographic Details

HeadquartersLivermore, California
Employee Range204
Year Founded2018
Last FundingAug 21, 2024

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