Corral Technologies
The business, the turning points, and the decisions behind them.
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Sections to complete：02
01 / WHAT IT BUILT
What the company did
Corral Technologies was a Lincoln, Nebraska agtech startup founded by Jack Keating - drawing on 15 years of experience on his family's third-generation Nebraska ranch - that developed virtual fencing solutions for cattle ranchers. GPS collars worn by cattle connect to satellites and appear on a rancher's phone, computer, or tablet app, letting operators create virtual pastures anywhere, move and contain cattle remotely, monitor individual cattle health, manage activity data, and record sustainability metrics. The system addressed ranchers' challenges with rotational grazing and cross fences - research shows moving cattle to new pastures multiple times a day can increase pasture utilization by 10-15%. Corral won the University of Nebraska-Lincoln New Venture Competition in 2021 and raised $1.38 million in January 2024 led by Chicago-based M25, with Grit Road Partners and Invest Nebraska participating. A January 2026 ecosystem roundup listed Corral Technologies as 'currently inactive'.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Development began
Founder and CEO Jack Keating began developing virtual fencing technology for ranchers, inspired by his family's third-generation Nebraska ranch.
- Competition win
Corral Technologies won the University of Nebraska-Lincoln Center for Entrepreneurship's New Venture Competition, taking home a $25,000 grant.
- $1.38M funding
Corral raised $1.38 million led by M25, with Grit Road Partners and Invest Nebraska; Keating projected the company would pass $1M in sales in 2024 with collar deployments across ~25 states.
- Inactive listing
A January 2026 Silicon Prairie News ecosystem roundup listed Corral Technologies as 'currently inactive'.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
Raised approximately $3.98 million in total, including a $1.38 million round in January 2024 led by M25.
- 02
A January 2026 local ecosystem roundup described the company as "currently inactive"; no public shutdown or bankruptcy announcement has been made.
- 03
No audited loss figure was publicly disclosed.