FintekNews Deal of the Day – Decisive Farming Raises $6M

FarmTech – with fintech – is hot hot hot!  Back on August 10th, we featured a FintekNews Deal of the Day featuring Farmers Business Network, which had just raised a $20M VC round.  Big data meets farming.  Turns out there’s more where that came from.  Canadian-based Decisive Farming has just announced a $6M Series A round.  The site has a similar theme to Farmers Business Network, but is focused on Canadian agriculture.  They offer a full suite of solutions for Canadian farmers including farm software, precision agronomics and crop marketing through a relationship with commodity brokerage firm INTL FCStone.  They are also putting on a conference in December and have a blog with additional news updates for subscribers. 

From their website:

“My Farm Manager™ makes it easy to find and update important records: whether you’re in the office, in the field, or on vacation.

  • View fields and crop plans on the map
  • Integrated market contracts and farm expenses
  • Dynamic profit margin tracking (based on crop type)
  • Up to date equipment records and notes
  • Track agronomy and marketing services
  • Custom access settings for everyone on the farm

Our Variable Rate Program has a proven track record for return on investment and is fully supported from start to finish. Complete packages are available for variable rate applications, agronomy, and soil testing.

  • Easy online confirmation of GIS boundaries
  • Sure-Check soil testing
  • Composite zone maps and analysis
  • Prescription files ready to go
  • Field trial profit comparisons
  • Premium support for agronomics, precision equipment, and data

Our award-winning Crop Marketing Platform just got even better. Now fully integrated, our profit and commodity tracking tools automatically update based on your actual crop plans.

  • 1-on-1 advice from experts, anytime
  • Custom crop marketing plan
  • Powerful margin & market tracking software
  • Unlimited training workshops
  • Auto-updated profit tracking and profit analysis based on projected yield
  • Hedge plan tracking
  • 20+ market reports”

Total Equity Funding

$7.66M in 2 Rounds from 2 Investors

Most Recent Funding
$6M Series A on October 29, 2016

Read Full Listing at Crunchbase