Farmers Business Network raises $20M

What does Farmers Business Network do?

Farmers Business Network is an independent farmer to farmer network. The company connects farmers for sharing knowledge and gaining trusted insights about their inputs, farmers and practices. This is an unbiased and independent farmer to farmer agronomic information network. The platform’s mission is improving the livelihood of farmers by making data accessible and useful. This network uses machine learning and data science for providing members with unprecedented and unbiased insights about each of their fields powered by their network’s billions of data points. Information technology provides farmers with bench marking, product performance and predictive analytics based on real world performance data.

How much Farmers Business Networks was funded?

The company raised $20M in Series B on August 9, 2016 from DBL Investors, GV, Kleiner Perkins Caufield Byers and Acre Venture Partners.

Previous funding

$5.6M in Series A on April 10, 2014 from KleinerPerkins Caufield  Byers

$3.3M in Series A on June 1, 2014 from DBL Investors

$15M in Series B on May 19, 2015 from Acre Venture Partners, Kleiner Perkins Caufield & Byers, GV and DBL Investors.

What is next for Farmers Business Network?

Farmers Business Network helps the company in further expanding its groundbreaking farmer network, rapidly growing FBN procurement services and market leading farm analytics. The FBN Procurement is launching for increasing farm profits.  After its 2016 release of updated agronomic analytics, the Price Transparency system and FBN Ops App, FBN will continue exploring more tech solutions for bringing the power of its fast growing network for bringing more profits for farmers.

More about Farmers Business Network

Farmers Business Network was founded in 2014 by Amol Deshpande and Charles Baron. It has its headquarters in San Carlos, California. It is an independent trusted farmer to farmer network, which was built by and for farmers.