Farmers Business Network

FBN is an independent ag tech platform and farmer-to-farmer network with a mission to power the prosperity of family farmers around the world.

FBN is dedicated to helping Family Farmers maximize their farm’s profit potential with a data and technology enabled direct-to-farm commerce, community and sustainability platform that redefines value and convenience.

FBN was co-founded in San Carlos, California, in 2014 by Amol Deshpande and Charles Baron. The company is headquartered in Sioux Falls, South Dakota and San Carlos, California. FBN also has offices in Chicago; Alberta, Canada; and Perth, Australia.

 

FBN utilizes data science and machine learning to provide members with unbiased and unprecedented insights about each of their fields, powered by billions of data points from our network.

 

FBN arms farmers with the tools they need to make the best decisions for their business, their families and the planet. It offers timely and transparent pricing on crop protection products, biologicals, seeds, technology, and services, as well as ecommerce purchasing and financing options. 

 

FBN's Farmers First® promise has attracted more than 33,000 members to the network with a common goal of maximizing their farms’ profit potential. The company is launching a platform called Gradable, which will help measure and verify the carbon score of grain and other crops.

 

FBN is backed by Fidelity Management & Research Company, Kleiner Perkins, BlackRock, GV, DBL Partners, Temasek, Baron Capital Group, Balyasny Asset Management, LN Mittal Family Office, ADM Ventures, and others. The company raised $300M in Series G round on Nov 18, 2021. This brings FBN's total funding to $871.4M to date. The latest pushed the company's valuation $3.9B, up from a $1.75B gained after Series F in Aug 2020.

 

 

  • Year founded: 2014
  • Funding Info: $871.4M over 9 Rounds (Latest Funding Type: Series G)
  • Yearly Revenue: NA
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $3.9B as of Nov 18, 2021
  • City/Town: Sioux Falls
  • State: South Dakota
  • Country: United States
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