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Solum Inc

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Solum, Inc – Soil Testing Services

San Francisco, United StatesFounded 2009Energy
Valuation $100–250M Last recorded · 2012
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Solum Inc and the history behind them.

About Solum Inc

Solum, Inc. was founded in 2009 by a group of Stanford University physicists, including Nick Koshnick, Justin White, and Michael Preiner, who applied their academic backgrounds in applied physics to the agricultural sector. Koshnick, who served as CEO, and White both hold PhDs in Applied Physics from Stanford. The company set out to bring advanced data analysis to farming, focusing on providing deeper insights into soil composition to help growers optimize crop yields and resource use.

The company operated on a business-to-business model, primarily serving third-party agronomists and agricultural retailers who work directly with farms. Its revenue was generated by leasing proprietary hardware for in-field measurements and charging on a per-acre basis for soil analysis conducted at its lab in Ames, Iowa. This analysis provided farmers with a web-based dashboard, including field maps, to guide decisions on fertilizer application and seed placement, aiming to increase profitability and sustainability by reducing chemical runoff.

Solum's core offering was a soil analytics platform that combined hardware and cloud-based software. A key product was the "No-Wait Nitrate" system, a portable, field-deployable tool that delivered real-time soil nitrate level measurements in minutes, a significant reduction from the days-long turnaround of traditional methods. This system analyzed field-moist samples, providing more accurate data than conventional dried-sample tests, enabling farmers to make timely and precise adjustments to fertilizer applications. Beyond nitrogen, the company's lab also offered analysis for other essential nutrients like phosphorus, potash, and zinc.

In February 2014, the soil analysis business line of Solum, including its brand, intellectual property, and the Ames laboratory, was acquired by The Climate Corporation, a subsidiary of Monsanto. This acquisition integrated Solum's soil science capabilities into The Climate Corporation's broader digital agriculture platform. The software division of Solum was not part of the sale and rebranded as Granular, Inc., continuing as an independent entity focused on cloud-based farm management software.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2009
Headquarters
San Francisco, United States
Open positions
None listed
Dealroom signal
57.9/100
Industry
Energy
Sector
Energy, Testing, Sustainable Development Goals, Climate Tech, Hard Tech
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Feb 2014 $0 — The Climate Corporation —
SERIES B✓Equity / VC Jun 2012 $17M $68M Khosla Ventures · Andreessen Horowitz —
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Growth signals

Solum Inc website traffic

Latest recorded traffic for Solum Inc is 170 monthly website visits.

Latest monthly visits170
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A1 investor entered at this stage

Other known investors2 additional known investors

  • The Climate Corporation
  • GV
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · San Francisco HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Solum Inc on X, ranked by likes and reposts, corporate channels excluded.

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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