Toronto, Ontario and Birmingham, Alabama, 05 May 2016 – The Kirchner Food Fellowship today announced that it has completed an investment in Till Mobile Corporation. Till is a leader in the emerging Cycle Time Management sector, providing a software solution that identifies gaps in supply chain data and uses mobile voice and text to fill those gaps.
Till’s current sector focus is food, agriculture, and grocery, as well as footwear and apparel. The company, based in the San Francisco Bay Area, is working with several of the world’s largest brands to provide a unified view of supply chain data from disparate systems, enabling them to connect to all layers of their supply chains, including farmers and small factories, via mobile voice and text, and improve cycle times to reduce costs, grow revenues, and improve overall performance.
“We founded Till to connect factories and farmers, including smallholders, to all layers of the supply chain, including the world’s largest brands, retailers, and manufacturers, as well as the other parties with whom they transact,” stated Justin Oberman, CEO of Till. “Till aims to provide value for hundreds of millions of smallholders around the world, helping increase their productivity and therefore their incomes and overall quality of life. As one user of our solution put it: ‘Till is so much easier and faster than what I’ve been using, I have time to be a farmer again.’ We appreciate Kirchner’s support and look forward to working with them to grow our company.”
“Till represents a solution for one of the biggest challenges currently faced by producers and retailers,” commented Blair Kirchner, Director of Kirchner Food Fellowship. “Justin has built a very impressive team with significant expertise in this area and has started to prove the effectiveness of Till’s technology. We are very excited to have them in our portfolio and look forward to working closely with them.”
Till was also one of seven companies chosen by AgTech accelerator The Yield Lab to be part of its 2016 cohort.
Kirchner Food Fellowship
Kirchner Food Fellowship believes millennials are uniquely qualified to find, fund and assist promising conscious agricultural businesses and that a traditional merchant banking approach is well suited to diagnose problems and apply solutions, whether they be indigenous or imported. We are attempting to innovate capital deployment by advanced assembly of investment teams, applying a problem-based learning and solutions model along with a unique process and domain approach. The goal is to shorten deployment time frames and increase the likelihood of investment success. www.fundthefood.com
Director | Kirchner Food Fellowship
Kirchner Group was founded in 1985 on two fundamental premises: all businesses should contribute to a positive human future and that every business, and portfolio of businesses, can be made more valuable. Today, the firm is a values-based corporate ecosystem, committed to the integration of “earning and returning”.
The firm provides advisory and operational services, enterprise development and transactional support to companies, investors and institutions through a proprietary approach that dovetails domain and process expertise. Kirchner Group also manages assets for family offices and some of the world’s largest insurance companies, commercial banks and institutional investors. www.kirchnergroup.com.
Managing Director | Kirchner Group
Till (www.tillmobile.com) provides Cycle Time Management to the world’s largest brands and manufacturers in food, agriculture, and grocery, as well as footwear and apparel, with a new software solution that consumes data from existing supply chain systems, identifies gaps in that data, and uses mobile voice and text to fill those gaps. Till’s customers are able to reach all layers of their supply chain, including smallholder farmers, small factories, raw materials suppliers and transport/logistics providers while also generating more value from other systems they’ve already purchased. Key areas of communication include price, quantity, quality, safety, sustainability, and worker protections. Text “1” to 650-285-3480 to try Till on your phone.