What does Growers Edge do?
Growers Edge is a financial technology company based in Johnston, IA that delivers data-driven financial products and tools for agricultural retailers, manufacturers, and lenders. They offer innovative solutions such as their Crop Plan Warranty Program, land and climate intelligence solutions, digital mortgage lending products, and input lending tools.
How much did they raise?
The company raised $25M in a Series A round led by S2G Investments, Cibus Capital, and Lowercarbon Capital, with additional participation from Otter Creek, iSelect, and Jeff Ubben.
What are their plans for the money?
Growers Edge plans to use the funds to scale its financial solutions and expand its reach among agricultural retailers and lenders, driving more widespread adoption of climate-smart agricultural practices across the U.S.
What have they achieved so far?
The company recently acquired AQUAOSO Technologies to enhance its farmland valuation capabilities across over 144 million acres, and its Crop Plan Warranty program has already protected more than one million acres.