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BeeHero
The Fitbit for Bees
”The Fitbit for Bees”
BeeHero uses sensors and AI to turn beehives into data-driven pollination machines. By monitoring hive health and tracking pollination activity in real-time, they help farmers get higher yields and healthier crops while protecting the bees that make it all happen.
🔗Check them out here: beehero.io
Welcome to a new edition of Ag Breakdowns, where we deep dive into the companies changing the future of agriculture! Today we are deep diving into the company BeeHero.
This analysis is divided into three main sections:
- Macro-Micro: A look at both big-picture trends and specific sector dynamics
- The Value Chain: How their technology works and what it means for the industry
- Behind the Business: Breaking down the core aspects of the business
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Macro + Micro
Pollination is the backbone of modern agriculture, yet the industry that supports it is at a crossroads. With global food security under pressure, pollinator populations in decline, and technology reshaping traditional practices, the precision pollination sector is emerging as both a necessity and an opportunity. Here’s a breakdown of the macro and micro forces shaping this critical industry.
Key Industry Metrics
Bee Colony Decline: U.S. beekeepers lost 48.2% of colonies in 2022, a near-record high. The highest annual loss rate was 50.8% during the 2020-2021 period
Almond Pollination Demand: Almonds alone require 2 million bee colonies annually in the U.S., accounting for nearly 80% of all managed colonies.
Economic Contribution: Pollination contributes $34 billion annually to the U.S. economy, with precision pollination expected to grow this figure as adoption increases.
Technology Penetration: Precision pollination technologies is not widely adopted globally, highlighting significant growth potential.
Macro
Pollination directly impacts $235–$577 billion of global agricultural output annually, according to FAO estimates.
In the U.S., pollination contributes $34 billion annually to the agricultural economy, supporting crops like almonds, apples, and blueberries. With 75% of global food crops dependent on animal pollination, the economic and societal stakes are enormous.
Decline of Natural Pollinators. Wild pollinator populations, including bees, are in sharp decline due to habitat loss, pesticide use, climate change, and diseases like Colony Collapse Disorder (CCD).
Urbanization and monoculture farming have reduced the diversity of flowering plants that bees rely on for food.
Chemicals like neonicotinoids have been linked to bee mortality and impaired navigation.
Rising temperatures disrupt flowering times and migration patterns, creating mismatches between pollinators and crops.
Demand for Precision Agriculture. The precision agriculture market, which includes precision pollination, is projected to grow at a CAGR of 11.6% from 2025 to 2033. This growth is driven by:
Increasing demand for food as the global population approaches 10 billion by 2050.
Rising awareness of sustainability and resource efficiency in farming.
Technological advancements in AI, IoT, and data analytics.
Regulatory and Environmental Pressures. Governments and global organizations are pushing for sustainable agricultural practices to mitigate climate change and biodiversity loss. Pollination services are central to these efforts, with precision pollination offering a scalable solution to reduce pesticide use and improve resource allocation.
Micro
Industry Challenges
The pollination industry depends heavily on managed honeybee colonies, which are increasingly vulnerable to stressors like Varroa mites and CCD. In the U.S., beekeepers reported losing 48.2% of their colonies in 2022, a stark indicator of the sector’s fragility.
Precision pollination technologies require significant investment in hardware (e.g., smart hives, drones) and software (e.g., AI-driven platforms). These costs can be prohibitive for small and mid-sized farms.
Effective precision pollination relies on real-time data about bee activity, crop growth stages, and environmental conditions. Managing and analyzing these datasets is a major challenge, especially for farmers unfamiliar with digital tools.
Traditional farmers often view new technologies as risky or unnecessary, slowing the adoption of precision pollination solutions.
Market Opportunities
Precision pollination can boost crop yields by optimizing pollinator deployment and ensuring better coverage.
Technologies like IoT sensors and AI-driven analytics enable farmers to reduce waste by matching pollination efforts with crop needs. This can lead to cost savings and improved sustainability.
Precision pollination offers a way to adapt to changing environmental conditions by providing more predictable and reliable pollination services, even as natural pollinators decline.
While almonds dominate the precision pollination market, there is growing potential in other high-value crops like berries, melons, and coffee.
The Value Chain
A large percentage of crops worldwide rely on bees, and the cost of pollination is only going in one direction (spoiler alert, it’s up).
Data Collection and Sensor Technology
At the heart of BeeHero's operations is a sophisticated data collection system that monitors beehive health and activity in real-time.
They utilize small IoT sensors placed inside beehives to gather critical parameters, including temperature, humidity, acoustic signatures, and bee activity levels.
The BeeHero In-Hive sensor enables the remote monitoring of beehives on a large scale (millions of hives). The sensor monitors brood temperature, humidity, colony acoustics, magnetic field, hive position, and orientation. The unit is maintenance-free and has a multi-year lifespan. The data it harvests is transferred to a Gateway unit via BLE 5.1. |
The Pollination Insight Platform (PIP) is an In-Field solution. It’s a sensor that captures the acoustic signatures of bees, measuring bee activity in crops. Accurate information about forage rates allows for real-time responses. The best part, this are plug and play devices, easily deployed in any field or orchard environment. Just like the In-Hive sensor, the harvested data is transferred to a Gateway unit via BLE 5.1. |
The Gateway logs the data from the sensors and transmits it directly to the cloud using its onboard cellular modem. It also collects local information including sound, microclimate data, sensor position, relative location, and more. |
They have spent the last five years building the largest database of bees and pollination in the world. This includes the collection of data from hundreds of thousands of hives in order to better understand the intricacies of the biological processes occurring both inside and outside of the colony.
The data collected is transmitted wirelessly to a cloud-based platform, where advanced AI and machine learning algorithms analyze it to detect patterns or anomalies in bee colony health.
This non-invasive monitoring enables beekeepers to perform proactive maintenance and timely interventions, thereby improving hive health and reducing colony losses.
Here are some pictures showing the sensors in action:
In-Hive sensor
In-Hive sensor
(PIP) In-Field solution.
(PIP) In-Field solution.
The Gateway logs the data from the sensors and transmits it directly to the cloud using its onboard cellular modem
The Gateway transmitter
They offer a suite of products and services design to optimize pollination processes:
Precision Pollination-as-a-Service (PPaaS): This service provides growers with real-time visibility into the pollination of their fields, ensuring reliable pollination and supporting sustainable food production. They do this with the In-Hive and Getaway sensor and transmitter.
Pollination Insight Platform (PIP): PIP delivers real-time data for growers, enabling them to optimize pollination operations. It enhances data-driven pollination predictions and in-field monitoring, leveraging BeeHero's vast database of bee activity. They do this with the In-Field Sensor.
Pollination Research Stations: Located in California's Central Valley, these stations collect and analyze data on bloom progression and bee activity. They provide real-time insights via a public dashboard, helping growers refine their practices and mitigate risks.
All these features come together seamlessly in the BeeHero app, which you can access conveniently on your phone or laptop.
These are the crops they pollinate:
Almonds
Apples
Avocados
Blueberries
Canola Seed
Onion Seed
Carrot Seed
Cherries
Raspberries
Cucurbits
Macadamia
Industry impact
Direct:
Precision pollination boosts crop yields by an average of 30%, with some crops, like almonds and stone fruits, achieving up to 100% increases.
BeeHero’s hive monitoring reduces colony loss risk by up to 33%, ensuring more stable pollination cycles and supporting beekeepers.
Real-time data from IoT sensors enables growers to optimize hive placement and resource allocation, maximizing pollination efficiency.
Indirect:
By promoting bee-friendly practices and efficient pollination, BeeHero enhances biodiversity and ecosystem health, aligning with global sustainability goals.
Increased yields and reduced labor costs translate into significant financial gains for growers, while healthier hives lower risks for beekeepers.
BeeHero’s technology is scaling rapidly, managing over 300,000 hives globally and driving a substantial growth rate in precision pollination adoption.
With 25 million in-hive samples collected daily, BeeHero operates the world’s largest database on bee activity, solidifying its role as a leader in agricultural innovation.
Behind the Business
Business Model
BeeHero revolutionizes pollination with its "Precision Pollination as a Service" model, combining smart technology and beekeeping to maximize crop yields.
By equipping hives with IoT sensors, BeeHero monitors bee health, activity, and environmental factors in real time. AI analyzes this data, giving farmers actionable insights to optimize pollination and crop management.
Farmers growing high-value crops like almonds and berries pay BeeHero for premium pollination services, which deliver higher yields and reduced risks. BeeHero also generates revenue by helping beekeepers maintain stronger colonies and earn more for their services, creating a win-win ecosystem.
Revenue 2024, $70M+
Traction
BeeHero manages over 300,000 hives worldwide, making it the world’s leading provider of precision pollination services.
Active in North America, Australia, Europe, and South America, with plans of expansion(LATAM).
Supports a wide range of crops, including almonds, apples, blueberries, and hybrid vegetable seeds.
Collects over 25 million hive samples daily, creating the world’s most extensive bee and pollination dataset.
Fundraising
Series B Funding (December 2022):
Amount Raised: $42 million.
Lead Investor: Convent Capital.
Participating Investors: General Mills, Cibus Capital, Rabobank, MS&AD Ventures, Firstime, J-Ventures, Plug&Play, iAngels, Gaingels, UpWest, among others.
Purpose: To accelerate the deployment of BeeHero’s Precision Pollination Platform, invest further in R&D, and expand into new regions, addressing global food security challenges.
Prior to the Series B round, BeeHero had raised around $22 million through various funding rounds, including seed($4 million) and early-stage investments. Unknown specific amounts.
Founder Story
Omer Davidi - CEO | Itai Kanot - COO | Yuval Regev - CTO |
Omer Davidi (CEO) A computer science expert with a master's degree specializing in cybersecurity and machine learning. Before BeeHero, he founded several companies, including a tech consultancy and an ornamental fish farm. He made the shift to agriculture after recognizing how technology could revolutionize pollination practices. His technical background drives BeeHero's innovative approach to modernizing beekeeping.
Itai Kanot (COO) Coming from a family of beekeepers, Kanot brings hands-on industry expertise to BeeHero. He owns and operates Boaz Kanot Bees & Honey, one of Israel's largest private beekeeping operations. His practical experience in pollination services, honey production, and queen breeding provides BeeHero with deep insight into the beekeeping industry's needs and challenges.
Yuval Regev (CTO) An electrical and electronics engineer with a master's in systems engineering from Israel's prestigious Technion Institute. Before BeeHero, he worked as a system architect at Innoviz Technologies and held various engineering roles in the Israel Defense Forces. Since joining in 2018, he has been key in developing BeeHero's IoT sensor technology and data analytics platform.
Jobs
Only the following positions are open in Tel-Aviv:
R&D | Senior Fullstack Developer (Backend Oriented) | Full-time
R&D | Senior Full-stack Developer | Full-time
R&D | Data Engineer | Full-time
You can apply here: www.beehero.io/careers
Our Analysis
BeeHero addresses a critical challenge in modern agriculture: the decline of bee populations that threatens global food production, with bees being responsible for pollinating 75% of our crops. By introducing IoT-enabled hive monitoring to the approximately $200 billion+ value of pollination to global crop production. BeeHero transforms traditional beekeeping into a data-driven science that directly impacts crop yields and food security.
The company's core strength lies in its sophisticated technology stack. Their smart sensors provide real-time monitoring of hive conditions and bee activity, enabling farmers to spot problems early and maintain healthy colonies. This proactive approach particularly benefits high-value crops like almonds, blueberries, and apples, where pollination efficiency directly correlates with production value. Unlike traditional beekeeping services, BeeHero's data-centric approach, allows for predictive modeling and actionable insights that help prevent colony losses and maximize pollination outcomes.
Early market response has validated BeeHero's approach. The company has successfully positioned itself at the intersection of AgTech and sustainability, appealing to both commercial farmers seeking productivity gains and environmentally conscious stakeholders.
Their solution addresses multiple pain points:
Declining bee populations
Increasing food production demand
The need for sustainable agricultural practices,
All without requiring additional land or resources.
Looking ahead, BeeHero's growth potential is substantial. The company can expand both vertically into new crops and horizontally into emerging markets across Asia, Africa, and Latin America. Their data assets could enable new revenue streams, such as pollination insurance products and research partnerships.
More Resources
BeeHero: Revolutionizing Bee Innovation(YouTube)
BeeHero CEO Omer Davidi On Using Tech To Help Beekeepers Save Hives And Optimize Pollination (Youtube)
BeeHero enters Latam market, predicts revenues of $70m+ in 2024(Ag Funder News)
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