Farmers Business Network

company

About

FBN is an AgTech and commerce platform that helps its members make confident decisions to ensure the economic viability of their farms.

Details

Last Funding Type
Series G
Last Funding Money Raised
$300M
Industries
Agriculture,AgTech,Big Data,E-Commerce,Farming,Sustainability
Founded date
Jan 1, 2014
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
Farmer's Business Network, Inc.
Also Known As
FBN

Farmer's Business Network, Inc. is an independent agricultural tech and commerce platform and farmer-to-farmer network that helps its members make confident decisions to ensure the economic viability of their farms and work toward a sustainable future.

FBN is an advocate for family farmers and ranchers, and does whatever it takes to help farmers become more prosperous - whether it's through data science-driven agronomic insights about their fields, providing farm inputs through its e-commerce store, helping farmers sell their crop more intelligently and independently, or providing them with health or crop insurance. FBN arms farmers with the tools they need to make the best decisions for their business, their families and the planet.

FBN members farm more than 80 million acres in the U.S., Canada and Australia. The company has over 800 personnel and offices in San Carlos, CA., Chicago, Ill., Sioux Falls, S.D., a Canadian headquarters in High River, Alberta, and an Australian headquarters in Perth.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
9
$870.40M
Farmers Business Network has raised a total of $870.40M in funding over 2 rounds. Their latest funding was raised on Nov 18, 2021 from a Series G round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 18, 2021 Series G $300M 15 Fidelity Management and Research Company Detail
Aug 3, 2020 Series F $250M 13 BlackRock Innovation Capital Detail
Feb 1, 2019 Series E $127.50M 3 Kleiner Perkins Detail
Nov 30, 2017 Series D $110M 5 T. Rowe Price
Temasek Holdings
Detail
Mar 7, 2017 Series C $40M 5 DBL Partners
GV
Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Farmers Business Network has made 1 investments. Their most recent investment was on Feb 14, 2018, when Catalyte raised $27M.
Date Company Name
Round Money Raised Industry Lead Investor
Feb 14, 2018 Catalyte
Series A $27M Big Data

Employee Profiles

Number of Employee Profiles
15
Farmers Business Network has 15 current employee profiles, including Executive Amol Deshpande
Executive
Board member
Executive
Board member
Employee

Exits

Farmers Business Network has had 1 exits. Farmers Business Network most notable exits include Greeneye Technology

Date Company Name Exit Type Industry
Jan 10, 2023 Greeneye Technology M&A Agriculture Detail

Acquisition

Farmers Business Network has acquired 3 organizations. Their most recent acquisition was Farmsave on Jul 21, 2020. They acquired Farmsave for 0.

Date Company Name
Industry Acquisition Type Price
Jul 21, 2020 Farmsave
Agriculture acquisition Detail
Oct 26, 2020 Cibus
Agriculture acquisition Detail
Oct 26, 2020 Haplotech
Agriculture acquisition Detail