Key Takeaways
- Halter secures $100 million in Series D funding, bringing company valuation to $1 billion
- BOND leads the round, joined by NewView and existing investors including Bessemer Venture Partners and DCVC
- The funding will support U.S. expansion and broader adoption of Halter’s virtual fencing and cattle management system
- Halter’s platform aims to improve productivity, animal welfare, and regenerative land use practices
- The company currently operates in 18 U.S. states and was named New Zealand’s fastest-growing company by Deloitte
$100M Investment to Support Growth of Halter’s Cattle Management System
Halter, a ag technology company specializing in virtual fencing and cattle management, has raised $100 million in a Series D funding round, resulting in a company valuation of $1 billion. The round was led by BOND, with participation from NewView and continued backing from earlier investors such as Bessemer Venture Partners, DCVC, Blackbird, Icehouse Ventures, and Promus Ventures.
The investment will enable Halter to further expand its footprint in the U.S. ranching market, where it currently supports around 150 ranchers across 18 states.
Technology Aimed at Improving Productivity and Land Stewardship
Halter’s system includes a smart collar for cattle, connectivity towers, and a mobile application that allows ranchers to virtually fence, move, and monitor livestock remotely. The technology uses sound and vibration cues to guide cattle, enabling ranchers to manage herds without being physically present.
According to the company, the platform is designed to improve productivity through rotational grazing, increase carrying capacity, reduce manual labor, and contribute to regenerative land management practices.
“Ranchers are the backbone of rural communities,” said Craig Piggott, CEO and Founder of Halter. “This capital will help unlock productivity gains for even more ranchers.”
Investor Confidence in Digitizing Ranch Operations
Investors cited the scale and potential impact of Halter’s platform. “Cattle-based products generate over $1 trillion annually,” said Daegwon Chae, General Partner at BOND. “Halter’s vision is ambitious and impactful—to build the digital operating system for farms and ranches globally.”
The investment also comes at a time when the average age of U.S. ranchers is over 55, and rural labor shortages pose operational challenges. Halter’s technology is intended to help smaller teams manage herds more efficiently, reducing dependence on physical labor.
U.S. Market a Strategic Focus for Halter
The newly secured capital will support Halter’s growth strategy in the United States, where adoption is increasing. The company’s platform is positioned as a response to evolving needs in the livestock sector, including labor constraints, sustainability goals, and demand for scalable solutions.
Named the fastest-growing company in New Zealand by Deloitte’s Fast50 index, Halter continues to expand internationally, with an emphasis on delivering technology that integrates productivity with land and animal stewardship.
