Agrifintech startup Growers Edge has raised $25 million in the first close of a new financing round.
S2G Investments, Cibus Capital, and Lowercarbon Capital co-led the round with participation from Otter Creek, iSelect, and ValueAct Capital founder Jeff Ubben.
The fundraise is not part of a specific round, according to Matt Hansen, who joined the company as CEO in 2024. (Former CEO Dan Cosgrove stepped down in 2023.)
“This was our first fundraise since I joined Growers Edge as CEO last year, and it’s a strong validation of our new team, direction, and strategy. We’re at the beginning of a very exciting story,” he adds.
Helping farmers manage risk amid economic uncertainty
“Growers are facing a number of financial hurdles right now: declining revenues, shrinking export markets, cuts to federal programs, and wider economic uncertainty,” Hansen tells AgFunderNews.
High upfront costs are still one of the main barriers to farmer adoption of new processes and technologies, whether it’s a spot-spraying robot or a switch to no-till farming. As one recent survey noted, farmers are more inclined to lean on what they know and trust, rather than chance it on an unknown that could impact ROI.
Growers Edge, which has developed a suite of agri-focused financial tools, partners with ag retailers, manufacturers, and industry groups to help growers manage such risks, in addition to improving sustainability practices and shoring up farm finances.
For example, Hansen says, the Crop Plan Warranty is a tool retailers and manufacturers can attach to any product, bundle of products, or whole-acre prescription. If growers use their inputs as directed by the manufacturer and yields fall below exected targets, the Crop Plan Warranty pays the growers in cash.
“That makes it easier for growers to mitigate risk and try new, sustainable products amid periods of economic uncertainty,” he adds.
Currently the program covers more than 1 million acres of farmland across the US.
Other Growers Edge products include land and climate intelligence solutions, digital mortgage lending products, and input lending tools.
“The future of agriculture is a full service fintech that powers faster, better decisions across the industry. That’s what we’re building at Growers Edge,” says Hansen.
To date, the company has partnered with five of the top ten largest ag retailers in the US, as well as with high profile organizations including Nutrien, PepsiCo, Mondelez, Helena Agri-Enterprises, and The Nature Conservancy.
‘Reshaping fintech for the ag industry’
The new funding will go towards expanding Growers Edge reach to more ag retailers and lenders across the US, says Hansen.
The company has reached multiple milestones in the last several months, including acquiring agricultural lending software company Agcor, which will help lenders better evaluate farmland values, he adds.
This year, Growers Edge also launched a partnership with farm credit cooperative Compeer Financial and Chicago-based bank Evergreen Financial Group. Together, the three organizations are offering an input-financing program designed specifically for small- and medium-sized independent ag retailers, which often struggle to make traditional input-financing solutions work.
“We want to reshape fintech for agriculture in a way that makes sense for lenders, growers and retailers. We’ll simplify how the industry accesses capital, manages risk, and plans for growth,” says Hansen. “It’s not just about delivering more tools—it’s about making them work together.”
On a tactical level, he says, Growers Edge will continue refining its use of farm-level data, which is “the backbone of all our products.
“That helps us deliver lenders and growers more accurate land valuations based on real-world factors, crop history data, year-by-year images, and geographically relevant price trends. In an environment marked by price volatility and climate uncertainty, this level of precision can help reduce risk and increase access to capital.”
