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SWIIM System

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SWIIM System enables agricultural water users to optimize water rights, conserve water, and increase net incomes of farm operations

Denver, United StatesFounded 2009Food
Valuation $10–25M Last recorded · 2018
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About SWIIM System

SWIIM System, founded in 2009 by Kevin France, provides a comprehensive water management and accounting platform for the agricultural sector. Headquartered in Denver, Colorado, the company was established to address the growing challenges of water scarcity by offering data-driven solutions for farm optimization. France, the company's CEO, has a background in business administration and extensive experience in agricultural ventures, particularly concerning water rights policy, which has shaped the company's focus. His journey includes developing technologies through public-private partnerships and steering companies in sectors like technology and natural resources.

The business operates as a full-service, turn-key provider, targeting irrigated agricultural water users, from individual farmers to large corporate operations and irrigation districts. Its revenue model is twofold: a fee-for-service subscription on a per-acre basis, similar to accounting software, and a revenue-sharing model where SWIIM takes a share of the income generated from the conservation and subsequent transfer of water. A key milestone for the company was its multi-year research and development collaboration with the U.S. Department of Agriculture (USDA) and several land-grant universities, which formed the basis of its core technology. The company also has a significant distribution agreement with the Western Growers Association, which later became an investor, highlighting the industry's confidence in the solution.

SWIIM's core offering is a patented software suite combined with instrumentation and remote sensing to deliver an accurate on-farm water budget. The platform integrates data from on-field sensors, telemetry, regional weather stations, and satellite imagery to provide actionable insights on water flow, consumption, and subsurface loss. This allows clients to plan crop water use, manage resources in near real-time, and generate auditable reports, much like a financial accounting system does for money. This data not only enables farmers to optimize water use and increase net income but also creates opportunities to lease conserved water to other entities like municipalities or for environmental purposes, providing an alternative to the permanent sale of water rights. In 2020, the company launched its SWIIM Certification™ program to formally recognize and verify growers' sustainable water management efforts.

Source: Dealroom company data

At a glance

Founded
2009
Headquarters
Denver, United States
Sector
Food

Investors

2 investors on the cap table

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

Series A2 investors entered at this stage

  • GoFARM Australia
  • Costa Asset Management
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

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