Arable Named a Top 50 AgTech Innovator by SVG Ventures | THRIVE for 2024

Climate-Smart Agriculture Leader Continues to Push Boundaries in Agricultural Innovation and Technology

SAN FRANCISCO--(BUSINESS WIRE)--Arable, a leading innovator in climate-smart agriculture, today announced its inclusion in the 2024 THRIVE Top 50 AgTech and FoodTech Companies report, marking its third year on this prestigious list. The annual ranking, compiled by SVG Ventures, highlights exceptional companies driving innovation and technological advancement in agriculture and food production.

“We are honored to be selected as a THRIVE Top 50 AgTech company, but the real recognition goes to our customers,” said Jim Ethington, CEO of Arable. “Every day, they’re out there facing bigger challenges with fewer resources. Our job is to provide them with trusted tools that help them make informed decisions, reduce risk, and achieve more with less. It’s about delivering tangible results in the field and enhancing sustainability throughout the agricultural system.”

Powered by state-of-the-art in-field sensing technology, Arable’s intuitive crop intelligence solution leverages advanced agronomic modeling and machine learning to transform weather, plant, soil, and irrigation data into actionable insights. This empowers users to make informed, confident decisions that optimize the use of water, inputs, and labor, and enhance land and water stewardship.

Arable’s latest inclusion in the THRIVE Top 50 list comes on the heels of a year marked by significant milestones and collaborations. Notably, in 2024, Arable teamed up with Google to launch an innovative water conservation solution aimed at transforming irrigation practices in Nebraska. The initiative equips farmers with Arable’s technology to enhance irrigation precision, supporting Google’s water replenishment commitment. Also this year, Arable secured a spot on the Inc. 5000 list of America’s fastest-growing companies and was recognized as one of America’s top sustainability-focused companies by TIME magazine.

"The agricultural sector faces unprecedented challenges due to climate change, with water scarcity at the forefront," said John Hartnett, CEO of SVG Ventures | THRIVE. "Arable's innovative approach to water management and crop intelligence exemplifies the kind of transformative solutions we need to build a more resilient and sustainable food system."

The THRIVE Top 50 Companies are meticulously selected based on their exemplary leadership teams, groundbreaking technology, and demonstrated market traction. The THRIVE ecosystem now encompasses over 10,000 startups from more than 100 countries, all united in their mission to tackle the most pressing challenges confronting the global food and agriculture sectors. This year's selection process was particularly rigorous, reflecting the accelerating pace of innovation in agtech and the urgent need for solutions to address climate change, food security, and sustainable resource management.

About Arable

Arable is leading the global advancement of climate-smart agriculture by transforming agronomic decision-making through cutting-edge technology. Forward-thinking organizations in over 50 countries rely on Arable to help them be more productive and sustainable.

The company’s intuitive solution integrates state-of-the-art IoT technology, machine learning, and advanced modeling to convert in-field weather, crop, soil, and irrigation data into real-time, actionable insights. Users are empowered to make informed, proactive decisions that reduce risk and optimize agricultural practices.

Focused on shaping the industry’s future, Arable powers transformative initiatives such as large-scale irrigation optimization that conserve hundreds of millions of gallons of water, and agricultural weather intelligence networks supporting thousands of underserved smallholder farmers.

Consistently recognized for its groundbreaking innovations and impact, Arable is proud to be listed among America’s fastest-growing private companies on the Inc. 5000, ranked #1 in Agtech on TIME’s list of top sustainability-focused companies, and featured in Fast Company’s “Next Big Things in Tech” list.