Monarch Tractor: Funding, Investors & Team (Sep 2026)
Monarch Tractor creates environmentally friendly and technologically advanced smart tractors for the agricultural industry. These tractors are electric-powered, can operate without a driver, and are equipped with robotics and data analytics capabilities. The flagship product offers autonomous operation and real-time data monitoring for farmers to track field conditions, crop health, and machine performance. Monarch Tractor also provides a software platform for remote fleet management, machine learning insights, and compatibility with other farm management systems. The tractors are designed to perform common agricultural tasks while emitting less noise and pollution compared to traditional diesel tractors. The company focuses on vineyards, orchards, and specialized crop environments where precision and automation can enhance productivity and reduce operating expenses.
Monarch Tractor has raised $81.0M across 4 funding rounds on record, the most recent an undisclosed round of $20k announced in Jul 2025.
That round is below the $3.3M median round size for Agriculture and Farming companies tracked on FundedIQ over the last two years.
Monarch Tractor Company Profile and Key Stats
Latest funding round on record: Jul 2025.
Monarch Tractor Funding Rounds
1 of 4 rounds was announced without a disclosed amount and is excluded from the total.
Monarch Tractor raised $20.0M in a Series A announced in Mar 2021.
8 months later, a Series B of $61.0M was announced in Nov 2021.
2.8 years later, an undisclosed round was announced in Aug 2024 with no disclosed amount.
11 months later, an undisclosed round of $20k was announced in Jul 2025.
Monarch Tractor Founders and Leadership Team
Contact details for the Monarch Tractor team: 3 of 3 have an email address on file.
Start 14-day free trial →Monarch Tractor Funding Compared to Other Agriculture and Farming Startups
Monarch Tractor's latest round of $20k is below the median round in Agriculture and Farming. Medians cover the last 24 months of disclosed rounds.
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Monarch Tractor Funding FAQs
What does Monarch Tractor do?
Monarch Tractor creates environmentally friendly and technologically advanced smart tractors for the agricultural industry. These tractors are electric-powered, can operate without a driver, and are equipped with robotics and data analytics capabilities. The flagship product offers autonomous operation and real-time data monitoring for farmers to track field conditions, crop health, and machine performance. Monarch Tractor also provides a software platform for remote fleet management, machine learning insights, and compatibility with other farm management systems. The tractors are designed to perform common agricultural tasks while emitting less noise and pollution compared to traditional diesel tractors. The company focuses on vineyards, orchards, and specialized crop environments where precision and automation can enhance productivity and reduce operating expenses.
How much funding has Monarch Tractor raised?
Monarch Tractor has raised $81.0M across 4 rounds on record. The most recent is an undisclosed round of $20k announced in Jul 2025.
When did Monarch Tractor last raise funding?
Monarch Tractor's most recent funding round on record is an undisclosed round of $20k, announced in Jul 2025.
Who founded Monarch Tractor?
FundedIQ lists Mark Schwager (Founder), Zachary Omohundro (Founder) at Monarch Tractor.
Who is the CEO of Monarch Tractor?
Praveen Penmetsa is listed as CEO at Monarch Tractor.
Where is Monarch Tractor headquartered?
Monarch Tractor is based in Livermore, California, United States.
How many employees does Monarch Tractor have?
Monarch Tractor is in the 251-500 employee band.
How does Monarch Tractor's funding compare to other Agriculture and Farming startups?
Monarch Tractor's latest round of $20k is below the $3.3M median round size for Agriculture and Farming companies on FundedIQ across 1,320 tracked companies over the last two years.
About FundedIQ's Monarch Tractor Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Monarch Tractor is left off this page rather than filled in.
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