XpertSea builds technology and financial solutions to transform how seafood is farmed and traded by operating a data-driven marketplace that links shrimp farmers with vetted buyers. Its smartphone app uses computer vision and AI to capture reliable crop data, produce certified forecasts, and underpin underwriting for financial services. The platform enables same-day payments, improving farmers' cash flow and de-risking operations for underbanked producers. XpertSea reports customers in over 50 countries and has experienced 1000%+ year-over-year revenue growth. The company plans to accelerate expansion into new markets, broaden its financial services, and invest in new product development. It is hiring across Toronto, Quebec City and international markets to support that growth. XpertSea provides a precision aquaculture platform that uses AI and computer vision to count and size early‑stage aquatic organisms, paired with an XpertCount IoT device that uploads data to a customer portal. The platform targets hatcheries and producers to reduce costly manual hand‑counting, which the article says leads to average feed overspend of 20% and survival rates as low as 50%. As of 2017, XpertSea’s customers across 48 countries had counted more than 17 billion organisms and uploaded over 100,000 counting sessions to the data portal. The company plans to use the new funding to build its team and expand product offerings, and is hiring in Quebec City, Montreal and its international markets. Leadership includes CEO and co‑founder Valerie Robitaille, who framed the product as driving profits for producers and environmental benefits. The product positioning emphasizes transparency and standardized practices across the aquaculture value chain. XpertSea develops inventory-management solutions for aquaculture producers centered on XperCount, a device that rapidly counts tiny aquatic organisms. Founded in 2009 by Cody Andrews and Valerie Robitaille and based in Quebec City, the company targets customers from aquariums to large seafood cultivators globally. XperCount, now in its second generation, uses diffused light to count organisms and pairs with a mobile app to organize and track data. The waterproof, battery-operated device resembles a bucket with an attached tablet and the company claims it can instantly count crustaceans, fish, echinoderms, live feed and microalgae. XpertSea positions the product as a replacement for manual spoon-counting, aiming to save substantial time at industrial scales. Financially, the company announced a $1.3 million seed round from Real Ventures.

Total raised

$31M

Funding rounds

3

Latest round

Series B

Latest activity

Aug 2021