Press Release
September 23rd, 2024
Calgary, Alberta
FOR IMMEDIATE RELEASE
T1 Technology Corporation (formerly AGvisorPRO Inc) Closes $3M Seed Round, Announcing Name Change and Expansion Plans
[Calgary, September 23rd, 2024] – T1 Technology Corporation (formerly AGvisorPRO Inc) is excited to announce the successful close of its $3 million Seed Round, led by a coalition of farmers, family offices, and and prominent investors including the family office of Robert L. Siegfried, Jr., Founder and CEO of The Siegfried Group, and PROAGINVEST LLC. This strategic funding round will drive the company’s growth in the agricultural and equipment sectors as it rebrands and expands its innovative technology offerings.
New Name, Broader Vision
The company, previously known as AGvisorPRO Inc, has rebranded as T1 Technology Corporation to better reflect its two distinct divisions: AGvisorPRO, a B2C mobile connectivity platform, and visorPRO, a B2B AI-driven LLM solution designed specifically for the equipment sector. The name change is a tribute to the T1 brand on the family farm of CEO, Robert Saik.
“Changing our name to T1 Technology Corporation or T1TC pays homage to where I started my career and enables us to better explain our innovations,” said Robert Saik, CEO. “With AGvisorPRO, we continue to empower farmers by connecting them with trusted experts and companies, while visorPRO significantly enhances technical service and customer support at equipment dealerships.”
AGvisorPRO: Empowering Farmers with Expert Connections
AGvisorPRO, known for its cutting-edge algorithm, connects agricultural questions with verified experts and companies, bridging the gap between knowledge and those who need it most. A recent highlight includes a collaboration with Genesis Fertilizer, which has established a community on the platform to engage farmers around their nitrogen project.
“AGvisorPRO is rapidly growing its network, and we’re thrilled to see how companies like Genesis Fertilizer are leveraging our platform to create meaningful discussions and community engagement,” said Saik. “It’s cool to see AGvisorPRO growing into the vision of better connecting agriculture.”
visorPRO: Revolutionizing Equipment Sector Support
The second division, visorPRO, utilizes an advanced AI solution called Vi, transforming customer support and technical service from equipment dealerships and OEM’s. Vi has gained traction in farm equipment dealerships across Canada, the United States, and Australia, with growing interest from Latin America and other global markets. T1TC is also exploring visorPRO’s potential in the construction, oil and gas, and recreational vehicle sectors, marking a significant expansion of its use cases.
“Vi is a game-changer for the equipment sector,” added Saik. “We’re excited to see the rapid adoption and the impact it’s having on customer service and technical support.”
Looking Ahead: Positioning for Future Growth
With the successful conclusion of the Seed Round, T1 Technology Corporation is now well-positioned for its projected Series A Round in 2025. The funding will support further product development, market expansion, and strategic partnerships.
“We are deeply grateful to our investors for their trust and confidence in our team,” said Saik. “Our seasoned team, most of whom have been with us for 3 to 4 years, is committed to pushing the boundaries of what’s possible. The new structure of T1TC opens up exciting opportunities for us to collaborate with organizations looking to leverage our strengths.”
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T1 Technology Corporation was founded by veteran entrepreneur, Robert Saik. The diversified T1TC team is focused on leveraging technology to create solutions in the agriculture and equipment sectors. www.T1TechCorp.com
AGvisorPRO® is an agricultural technology platform that connects farmers with a global network of agricultural experts. The platform leverages mobile technology to facilitate instant connections, allowing farmers to access advice, knowledge, and expertise from a wide range of specialists across the agricultural industry. www.AGvisorPRO.com
About visorPRO®:
Vi by visorPRO is an innovative AI-powered assistant designed to revolutionize service delivery and customer service across multiple equipment sectors. visorPRO harnesses the power of generative AI to streamline operations, providing instant access to critical information, and enhancing the efficiency and effectiveness of dealership service. By capturing and managing institutional knowledge, Vi empowers teams to deliver superior customer support, setting new standards of excellence in the industry. With visorPRO, businesses are equipped to lead in a competitive market, ensuring that their customers receive the highest level of service at every touchpoint. www.visorPRO.ai
Media Contact: Taylor.Veilleux@agvisorpro.com
Investor Inquiries: Robert.Saik@agvisorpro.com