DES MOINES, Iowa (AgPR) — FarmlandFinder, a digital toolset for farmland professionals, has raised a $3 million Series Seed funding round. Cultivian Sandbox led the round with participation from Iowa Farm Bureau’s Rural Vitality Fund and Next Level Ventures.
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. This digital suite of tools gives farmland professionals access to the most complete and up-to-date farmland market data in the Midwest, as well as analytical tools to help make informed decisions and operate more efficiently.
“Each year $56 billion of farmland exchanges ownership, and most of this is done entirely offline with very little access to data or real-time information,” said FarmlandFinder Founder and CEO Steven Brockshus. “We’re increasing transparency in a traditionally opaque industry, which helps to level the playing field and drive efficiency. Through a data-rich platform, we’re able to help buyers, sellers and land professionals make informed decisions in a fraction of the time.”
Brockshus is no stranger to agriculture, having grown up on a 5th generation family farm in Iowa and later serving as a National FFA Officer. The seed for FarmlandFinder was planted when Brockshus attended a farmland auction with his father and saw first-hand how little information was available. Brockshus reflects on that day, “Buying or selling a farm is one of the biggest decisions a landowner makes and they have very little access to real-time information to help them make an informed choice. At FarmlandFinder, we are leveraging technology to give them more power when making that decision.”
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. The company’s data-driven approach in a data-poor industry is just one of the things that has attracted top ag tech investors to get involved:
“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.
FarmlandFinder makes it easy for farmland professionals to gain market intelligence and manage data. With a digital suite of tools, landowners and farmland professionals can quickly find information to help make decisions when buying, selling or analyzing land. Headquartered in Des Moines, Iowa, FarmlandFinder is on a mission to make land sales simple, instant and online. For more information, visit www.FarmlandFinder.com.
About Cultivian Sandbox
Based in Chicago, Cultivian Sandbox is a venture capital firm that helps build innovative technology companies that are transforming food and agriculture. The team’s experience spans from decades of experience in the food and agriculture sector, institutional investing, and C-suite executive roles. Learn more at www.cultiviansbx.com.