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Nofence

Virtual fencing solutions for livestock management

CORE INFO

$35M
Total Funding
Series B
Round
2011
Founded
51-200
Team Size
Molde, Norway
Headquarters

Nofence provides GPS-based virtual fencing systems for livestock management, allowing farmers to manage grazing areas without physical fences. Their technology is primarily used by livestock producers in countries like the United States, Norway, and the United Kingdom.

  • Nofence recently secured a Series B funding round of $35 million, led by the European Circular Bioeconomy Fund (ECBF), with participation from investors like Capagro and Speedinvest.nofence.comcbinsights.com
  • The company has over 3,000 customers across five countries and has accumulated more than 250 million hours of operational data.caplight.com
  • AgriTech Navigator reported on Nofence's largest funding round of the year, highlighting their plans for international expansion.agnavigator.com

WHY WE WOULD WORK AT NOFENCE

Support Sustainable Farming

Join a mission to improve animal welfare and restore soil fertility through innovative virtual fencing solutions that help farmers manage grazing more effectively.

Innovative Technology

Work with cutting-edge GPS and solar-powered collar technology that revolutionizes livestock management, making it easier for farmers to monitor and control grazing areas.

Diverse Team Culture

Be part of a diverse and inclusive team that values kindness, dedication, and a healthy work-life balance, fostering collaboration and innovation.

Competitive Compensation

Benefit from a hardware-plus-subscription business model that supports financial growth, with a reported revenue of $6.14 million in 2022.

Global Impact

Contribute to a company that serves over 3,000 customers across multiple countries, enhancing livestock management practices worldwide.

Recognized Achievements

Join a company celebrated for its significant funding rounds, including a recent $35 million Series B, showcasing investor confidence in its future.

MARKET AND TRACTION

TOTAL ADDRESSABLE MARKET

  • Nofence operates in the agricultural technology (AgTech) sector, focusing on livestock management solutions.

  • The market for virtual fencing technology is expanding as farmers seek innovative ways to manage grazing areas sustainably and efficiently.
  • KEY METRICS

    ✦ KEY METRIC
  • As of January 1, 2026, Nofence has over 3,000 customers across five countries, showcasing significant adoption of their technology.

  • The company has accumulated over 250 million hours of operational data, indicating extensive usage and reliability of their virtual fencing solutions.
  • GROWTH TACTICS

  • Nofence employs a hardware-plus-subscription model, selling GPS collars and providing ongoing services through their mobile application.

  • The company aims to expand its market presence internationally, supported by recent funding to enhance product development and customer outreach.
  • NOTABLE CUSTOMERS

  • While specific customer names are not disclosed, Nofence's technology is utilized by livestock producers in various regions, including the United States, Norway, Ireland, Spain, Sweden, and the United Kingdom.

  • Farmers have reported significant cost savings and increased grazing areas, demonstrating the practical benefits of Nofence's solutions.
  • COMPETITIVE ADVANTAGE

  • Nofence's solar-powered GPS collars provide a sustainable and innovative alternative to traditional fencing methods.

  • The ability to manage grazing boundaries through a mobile application offers farmers flexibility and real-time monitoring of their livestock.
  • PRODUCT AND TECH

    GPS-Based Virtual Fencing

    Nofence's primary product is a GPS-based virtual fencing system that allows farmers to manage grazing areas for livestock without physical barriers. This technology enhances grazing management and animal welfare by providing flexibility and reducing infrastructure costs.

    Solar-Powered Collars

    The solar-powered collars equipped with GPS and cellular connectivity enable real-time tracking and monitoring of livestock. This innovation ensures that animals remain within designated grazing boundaries while minimizing the need for traditional fencing.

    Mobile Application

    Nofence offers a mobile application that allows farmers to define and adjust grazing boundaries, monitor animal locations, and receive alerts if animals stray beyond set limits. This service empowers farmers with greater control and efficiency in livestock management.

    Hardware-Plus-Subscription Model

    Nofence operates on a hardware-plus-subscription model, selling the collars and providing ongoing services through their app. This business model ensures continuous support and updates for farmers, fostering long-term relationships and sustainable practices.

    Data-Driven Grazing Management

    Nofence's technology accumulates operational data to enhance grazing management strategies. By leveraging big data insights, farmers can optimize pasture usage and improve soil fertility, aligning with sustainable farming practices.

    COMPANY CULTURE

    Values

  • Commitment to animal welfare

  • Support for sustainable farming practices

  • Emphasis on kindness and inclusivity

  • Dedication to innovation in agricultural technology

  • Balance between work and personal life
  • Operating Principles

  • Foster a diverse and inclusive team environment

  • Encourage collaboration and teamwork

  • Promote transparency in communication

  • Prioritize customer feedback in product development

  • Strive for continuous improvement in services
  • Benefits

  • Flexible hybrid working options

  • Opportunities for professional development and growth

  • Supportive work culture that values employee well-being

  • Access to cutting-edge technology and tools

  • Engagement in meaningful work that impacts agriculture
  • Team Cadence

  • Regular team meetings to align on goals

  • Open forums for sharing ideas and feedback

  • Monthly check-ins to discuss progress and challenges

  • Annual retreats to strengthen team bonds and culture
  • Learning & Growth

  • Continuous training on new technologies and practices

  • Encouragement of cross-functional collaboration

  • Support for attending industry conferences and workshops

  • Mentorship programs for career development
  • HIRING SIGNAL

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    Net new roles in the last 90 days
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    90-Day VelocityV2 · BACKFILL
    Trend builds weekly as historical rows accrue
    SourcesGreenhouseLeverAshbyWorkableSmartRecruitersRipplingRecruiteeFallback · Wellfound, YC Work-at-a-Startup, careers-page scrape

    KEY COMPANY ANNOUNCEMENTS

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    9 announcements · ranked by importance
    Sep 16, 2025FUNDINGNofence raises €30 million in Series B funding to drive innovation and simpler, efficient grazing - ECBFecbf.vc
    Nov 14, 2022FUNDINGNofence henter 130 millioner, og får Ferd og Sandwater som investorershifter.no
    Dec 7, 2021INTERVIEW143 Oscar Hovde Berntsen on how a global leader in virtual fencing comes from a tiny Norwegian town | Listen Noteslistennotes.com
    Mar 5, 2026INTERVIEWFabien Lepoutre, VP of Engineering at NoFence - The Techne Connect | Acastshows.acast.com
    Jun 20, 2022PRESSIoT-dyrenes tidsalderelektronikknett.no
    Mar 4, 2022INTERVIEWKnut Bentzen on how to scale virtual fencing, the true enabler of regeneration – Investing in regenerative agricultureinvestinginregenerativeagriculture.com
    Jan 1, 2025CUSTOMER WINTexas rancher restores 700-acre lease with virtual fencing on rough terrain | Nofencenofence.com
    Mar 22, 2022CUSTOMER WINNofence grazing with no fences on 22,672 hanofence.no
    Feb 2, 2023AWARDNOFENCE VIRTUAL FENCING TECHNOLOGY WINS LAMMA SILVER INNOVATION AWARD - Agribusiness Communications Agricultural Public Relationsabccomms.co.uk