FarmRaise

FarmRaise

Provides funding, management tools for farmers

About FarmRaise

Simplify's Rating
Why FarmRaise is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Food & Agriculture

Data & Analytics

Enterprise Software

Fintech

Company Size

11-50

Company Stage

Seed

Total Funding

$7.2M

Headquarters

San Francisco, California

Founded

2020

Overview

FarmRaise provides a subscription-based mobile app and toolkit designed for small and beginning farmers and underserved communities. It helps users secure funding and grants (notably USDA opportunities) while also supporting farm operations. The app works offline to accommodate fieldwork and lets farmers organize inventory, track expenses, and generate profit-and-loss statements for farm projects. Subscriptions give access to a funding opportunities database, educational materials, and tax write-off lists, with possible partnerships to broaden resources. FarmRaise differentiates itself by targeting smaller, underserved farmers with an integrated set of financial and operational tools in one platform, optimized for field use and USDA funding access. Its goal is to save farmers time, improve profitability, and help grow sustainable, financially viable farm businesses.

Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Truterra partnership expands funding software access via Land O’Lakes retailers.
  • Syngenta trial subscriptions boost grower adoption at fee-for-success pricing.
  • Novel 2024 product transforms farmer incentive program administration for institutions.

What critics are saying

  • Syngenta acquires FarmRaise within 12-24 months, eroding independence.
  • Truterra diverts 20K users through retailer network in 6-12 months.
  • QuickBooks Agriculture module steals users at lower cost in 3-6 months.

What makes FarmRaise unique

  • FarmRaise simplifies USDA grant applications from hours to 15 minutes via mobile app.
  • Tracks software enables offline inventory tracking and IRS Schedule F generation.
  • Database covers 1,000+ funding programs including $2bn annual USDA EQIP.

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Funding

Total Funding

$7.2M

Above

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$7.2M
FarmRaise

Benefits

Health Insurance

401(k) Company Match

Remote Work Options

Home Office Stipend

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

2%

2 year growth

5%
Business Wire
May 16th, 2024
Farmraise Introduces Groundbreaking Addition To Software Suite, Revolutionizing Farmer Financial Incentive Programs

DENVER--(BUSINESS WIRE)--FarmRaise launched its novel product aimed at transforming the administration of farmer-facing programs, including financial incentives and sustainability programs. This innovative solution marks a significant step forward in empowering farmers and institutions alike with user-friendly tools. FarmRaise delivers software and educational resources that enable farmers to master their farm funding. With a deep commitment to simplifying farm-specific administrative tasks, FarmRaise develops solutions that are simpler and more impactful than existing small business management systems. "At FarmRaise, we are dedicated to equipping farmers with the tools they need to thrive," said Jayce Hafner, CEO at FarmRaise. "Our latest software product represents a game-changer for organizations seeking to administer farmer-facing programs efficiently and effectively."

CropLife
Aug 19th, 2022
Truterra LLC partners with Farmraise

Truterra, LLC, the sustainability business and subsidiary of Land O’Lakes, Inc., has announced a new collaboration with FarmRaise to expand farmer access to its end-to-end funding software via ag retailers.

TechCrunch
Jan 22nd, 2022
FarmRaise aims to become a financial services giant, starting with farm grants | TechCrunch

You have to begin somewhere. When Jayce Hafner and Sami Tellatin bonded as Stanford MBA classmates over their shared belief that helping U.S. farms run

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