The following article was initially published on Dec. 3, 2019 via Clay & Milk.
FarmlandFinder, a digital platform for farmland professionals, has completed a $3 million seed investment round.
Cultivian Sandbox led the round with participation from Iowa Farm Bureau’s Rural Vitality Fund and Next Level Ventures.
FarmlandFinder will use the funding to expand its team in order to help more landowners, ag lenders and land investment firms leverage data to grow their business.
“We’re working to build a team of A-players, which is what we will be investing most heavily in,” FarmlandFinder founder and CEO Steven Brockshus told Clay and Milk. We’re excited to expand the team to increase our ability to provide better tools and services to farmland professionals.
Now based in Des Moines, FarmlandFinder offers simple, easy-to-use market intelligence and data management tools to farmland professionals, including landowners, brokers, appraisers, ag lenders and land investment firms.
“Our team has been working diligently to get where we are today, which we’re excited about,” said Brockshus. “However, it is really just one step in the journey to building a world-class business that helps the hard-working people who care for our land. It gets us one step closer to achieving our mission of making farmland sales simple, instant and online.”
Cultivian Sandbox, who led the round, is a venture capital firm baed in Chicago that invests in agtech companies that are transforming food and agriculture. This is the firms first investment in an Iowa-based company.
“With its extensive database of farmland real estate and user-friendly software tools, FarmlandFinder is pioneering the digitization and transparency of the farmland real estate market, and we’re excited to be their partner on this journey,” said Amanda Donohue-Hansen, Vice President at Cultivian Sandbox Ventures.
To read more about FarmlandFinder, click here.