701x
Summary active Updated Jun 6, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Founders
About
701x is a Fargo, North Dakota-based agricultural technology company building a connected ecosystem for beef cattle producers 12. The platform integrates on-ranch software, breed association tools, smart GPS and health-monitoring ear tags, DNA solutions, and accessories to provide real-time herd management data to ranchers 1. The flagship product, xTpro, is a GPS smart ear tag using direct-to-satellite connectivity to deliver real-time data and alerts straight to a rancher’s phone 1. The Series B was raised without venture capital or institutional money — entirely from local North Dakotans, Minnesotans, and rancher-users across the United States — and the company reports it has reached profitability alongside the round 12.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-06-04 | Series B | $10M+ | (No institutional lead — funded by local North Dakotans, Minnesotans, and rancher-users) | 12 |
What Investors Say
No independently sourced investor quotes are available at this time. The round was raised from community investors and customers rather than venture or institutional firms 1.
What Founders Say
“701x was founded because the beef industry deserves better technology — not outdated or single function piecemeal tools, but a connected ecosystem designed specifically for cattle producers.” — Kevin Biffert, CEO and founder, 701x 1
Sources
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“701x Closes Oversubscribed Series B and Launches Global Expansion,” PR Newswire, June 4, 2026. Accessed June 2026. https://www.prnewswire.com/news-releases/701x-closes-oversubscribed-series-b-and-launches-global-expansion-302792092.html↩↩↩↩↩↩↩
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“Cattle tech startup 701x raises $10M from ranchers, hits profit,” The Next Web, June 2026. Accessed June 2026. https://thenextweb.com/news/701x-cattle-technology-series-b-community-funded-no-vc↩↩↩