Hear FarmRaise customer, Linda Angel, talk about working with FarmRaise.
Hear FarmRaise customer, Linda Angel, talk about working with FarmRaise.
Jayce, FarmRaise co-founder, in the field circa 1998
Jayce, FarmRaise co-founder, in the field circa 1998
Growing up on our small Angus beef cattle farm in the Shenandoah Valley of Virginia, my family lacked critical tools to manage our business. Our core documents were scattered across notebooks, checkbooks, and receipts fading on the floor of our family pickup truck. At the end of the day, we were exhausted and short on daylight and energy; the last thing we wanted to do was sort through paperwork and organize our accounts. When we had to produce a financial statement for our accountant or lender, we’d struggle through the stressful process of collecting disorganized documents and piecing together a haphazard financial picture.
Today, millions of farmers lack great tools to run their businesses. As a result, they manage their businesses reactively, missing out on opportunities to grow, to operate efficiently, and to innovate. Farm finance institutions - including the farmers’ accountant or lender - ultimately bear the cost of the farmer’s poor documentation and invest expensive hours fact checking, collecting, and verifying paperwork. This problem is painful and costly to the entire agricultural ecosystem.
Empowering farmers’ business success is critical to a dependable and secure food supply chain, and sustainable, low-carbon practice adoption across the entire agriculture landscape. As ancient industries step out of the dark ages to increasingly digitize, agriculture is now ripe for radical transformation. The category winner must provide a strong system of record enabled by a product approach keenly attuned to farmers’ needs and their core values.
FarmRaise is that solution.
FarmRaise delivers vertical SaaS for the farm - we help farmers master their finances. Our platform enables farmers to organize and optimize their finances on the go, saving hours of onerous paperwork for tax prep, loan applications, and financial reporting while surfacing lucrative funding opportunities. Our software also enables businesses and governments to streamline farm funding programs with simplified, farmer-centered application and data reporting tools that integrate with the core FarmRaise platform and unlock capital for farm sustainability and profitability.
Agriculture is ripe for disruption, and financial technology is the key lever for change. The U.S. ag sector is a primary contributor to climate change, yet agribusiness companies and the farmers that supply them have the power to reverse this trend through transitioning to sustainable practices that mitigate CO2 emissions.
Our vision is vital farming communities: we're committed to growing profitable, ecologically resilient, and equitable farms across the U.S. and beyond.
What's next
We have an ambitious roadmap ahead, focused on growing our farmer-facing platform and our enabling climate-smart practices across America's landscape. . We’re investing heavily in our farmer-facing platform, adding core business management features that farmers need to power their business, like payroll, business planning and benchmarking. We’re also helping to unlock millions of dollars for farmers with our institutional grant management products, which supports ecological farming practices across the United States.
Our network comprises more than 30,000 farmers today, and we are scaling our traction to the broader market of nearly 2 million farmers across the United States in the coming years. Our partners include organizations like Blue Diamond Growers - which supports 3,000 almond growers - and the University of Missouri’s Center for Regenerative Agriculture. We aim to expand this network of partners to deliver even more financial support to farmers across the country, and to expand our cooperative agreement with the USDA to ensure that historically underserved farmers can unlock funding with ease.