Recent Investments Silo has recently received significant investments from First Citizens Bank and Koch Disruptive Technologies totaling $135 million, indicating strong financial backing and potential for increased business growth and partnerships.
Financial Services Expansion With the introduction of new financial products like Cash Advance and Instant Pay through partnerships with First Citizens Bank and Jeffries, Silo is diversifying its services portfolio, presenting opportunities for cross-selling and upselling to existing and new clients.
Competitive Landscape Silo's funding and revenue figures position it alongside similar companies in the industry like Conservis, AgriWebb, and Agworld, indicating a competitive presence and potential market share growth opportunities through targeted sales strategies.
Tech-Driven Solutions Utilizing a tech stack including platforms like HubSpot Analytics, GitHub, and Amazon Web Services, Silo demonstrates a commitment to innovation and efficiency in developing software solutions, providing a selling point for tech-savvy clients looking for advanced tools.
Industry Recognition Silo's funding rounds and product launches have garnered media attention from outlets like pitchbook.com and agfundernews.com, enhancing brand visibility and credibility in the food supply chain sector, facilitating sales conversations and partnerships.