MyRain

MyRain is a 3-year old, angel-funded, US-based ag-tech distribution company with operations in India. MyRain has over 700 customers and 40 employees.

  • Stage Full Product Ready
  • Industry Retailing / Distribution
  • Location Madurai, Tamil Nadu, India
  • Currency USD
  • Founded June 2012
  • Employees 40
  • Website myrainindia.com

Company Summary

Irrigation distribution channels are fragmented, inefficient & expensive -- MyRain bridges the gap between technology and small-plot farmers in developing nations.

Distributors are trained to use wireless tablets and our in-house design and ordering software to create custom irrigation layouts. Equipment is shipped to the farm, and we assist in its installation and use. Water consumption is reduced and yields are improved, thanks to MyRain.

Team

  • Cofounder, COO

    Sri is the engineer and cultural expert on MyRain's team. She has six years of product development and project management experience. In addition, Sri brings her cultural knowledge and understanding of India.

  • Cofounder & CEO

    Steele Lorenz has spent the last three years living in Madurai, India working to build MyRain’s operations. Since launching, Lorenz has assembled a team of thirty six Indian nationals deeply familiar with the challenges of Indian commerce and the needs of the local community. MyRain, under his vision and leadership, has covered over 2,000 acres with efficient irrigation systems that potentially save 4 billion liters of water annually.

  • David H. Kurzman brings 18 years of finance experience to his role as CFO of MyRain LLC, CFO and he is one of the Company’s largest investors. Kurzman is currently Vice President and Head of Structured Solutions at NewPath Energy Capital LLC, a private equity and financial advisory firm in the energy sector. He intends to join MyRain full-time in the near future.

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