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Farmers Business Network
Enterprise Software
Farmers Business Network is a farmer-owned platform providing data-sharing, input purchasing, and financial services to help independent farmers make better business decisions.
$53.6M
-$22.40
96.33%
30 days ago
$23.25
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Farmers Business Network was founded in 2014 by Charles Baron and Amol Deshpande, building a platform that lets independent farmers pool anonymized data about their farming operations, including yields and input costs, to benchmark their own performance against comparable farming peers, addressing a longstanding information asymmetry in agriculture where large agricultural input suppliers have historically had far more aggregated market data and pricing insight than individual farmers negotiating purchases largely on their own. The company has expanded from its original data-sharing and benchmarking core into a broader agricultural input purchasing platform, letting member farmers access more competitively priced seeds, crop protection chemicals, and other farming inputs by pooling collective purchasing power and providing pricing transparency that individual farmers negotiating alone with input suppliers have historically lacked, while also building out financial services including farm credit and other lending products tailored to agricultural business cycles. Farmers Business Network has positioned itself as farmer-owned and farmer-aligned in its messaging, emphasizing that its business model is structured around serving farmer members' interests directly rather than the interests of the large agricultural input manufacturers that dominate seed and crop chemical markets. The company has raised substantial venture funding from investors including GV, Kleiner Perkins, and T. Rowe Price, reaching a valuation exceeding $4 billion at its peak, and remains one of the most prominent farmer-focused data and input purchasing platforms in North American agriculture.
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