About Bushel
Bushel is a company based in Fargo (United States) founded in 2011 by Jake Joraanstad and Ryan Raguse. Bushel has raised $101.5 million across 7 funding rounds from investors including Cargill, Germin8 and The Andersons. Bushel has completed 2 acquisitions, including FarmLogs and GrainBridge. Bushel offers products and services including Customer Relationship Management, Payments Management, Farm Management, and Trade Management. Bushel operates in a competitive market with competitors including Javelot, Centaur, TeleSense, Tolsma-Grisnich and Tsenso, among others.
Products & Services of Bushel
Bushel offers a comprehensive portfolio of products and services, including Customer Relationship Management, Payments Management, Farm Management, and Trade Management.
Centralizes customer insights for agribusiness teams
Digitizes agriculture payments and financial workflows
Collaborates with farmers to optimize operations
Mitigates risks in grain offers and administrative tasks
Apps and channels of Bushel
its YouTube channel Bushel has 261 subscribers and 30 videos.
Videos from Bushel
The most watched videos on Bushel's YouTube channel, Bushel (261 subscribers). Click a video to play it here.
More on Bushel.
Funding Insights of Bushel
Bushel has successfully raised a total of $101.5M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $26 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $101.5M
- Total Rounds 7
- Last Round Series C — $26M
- First Round $500,000
(Mar 2015)
- Investors Count 17
All 7 funding rounds of Bushel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2023 | $26M | Series C | – | The Banc Funds | |
| Apr 2021 | $47M | Series C | – | Continental Grain Company, Lewis & Clark Agrifood | |
| Dec 2019 | $19.5M | Series B | – | Continental Grain Company | |
| Mar 2019 | $10,000 | Grant | – | – | |
| May 2018 | $7M | Series A | – | – | – |
| May 2017 | $1.5M | Seed | – | Gen7 Investments | |
| Mar 2015 | $500,000 | Seed | – | – | – |
17 investors in total: 17 institutional.
Investors in Bushel
Bushel has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include Cargill, Germin8 and The Andersons.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are targeted at financial service companies. | – | thebancfunds.com | Chicago, United States | |
A global alternatives firm focused on private equity and hedge funds. | – | 50southcapital.com | Chicago, United States | |
Venture capital investments are directed toward agriculture and food sectors. | – | lewisandclarkagrifood.com | St. Louis, United States | |
- | – | contiventures.tcc.mode | - | |
Investments are directed to food, agribusiness, and commodities sectors. | – | continentalgrain.com | New York, United States | |
Venture capital investments are focused on FoodTech and AgTech sectors. | – | germin8ventures.com | Chicago, USA | |
Investment support is provided for entrepreneurs from seed to growth stages. | – | lewisandclarkpartners.com | St. Louis, United States | |
Value is created for investors and businesses by Gen7 Investments. | – | gen7investments.com | Fargo, United States | |
Agribusiness operations in storage, marketing, biofuels, and retail are diversified. | 1940 | andersonsinc.com | Maumee, United States | |
Food, ingredients, agricultural solutions, and industrial products are provided globally. | 1865 | cargill.com | Minneapolis, United States |
Investor details for Bushel
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People of Bushel
58 people are tracked at Bushel (16 in leadership, 3 in board & advisors, 39 in team).
| Name | Role | Group |
|---|---|---|
Jake Joraanstad | Co-Founder & CEO | Leadership |
Ryan Raguse | Co-Founder & Chairman | Leadership |
Randy Gerhold | Chief Technology Officer | Leadership |
Erin Haspel | Director Of Business Development, Fintech | Leadership |
Benny Andres | Vice President Of Product, Agribusiness | Leadership |
Kellie Livernois | Director of Farm Success | Leadership |
Jeff Monschke | Vice President Of Engineering | Leadership |
Lacey Seibert | Vice President Of Go To Market | Leadership |
Jacqueline Fredette | Head Of Information Security & GRC | Leadership |
Nathan Joraanstad | Director of Engineering | Leadership |
Greg Sagedahl | Director Of Fintech | Leadership |
Jeremy Johnson | Senior Partner | Leadership |
Julia Eberhart | Director Of Marketing | Leadership |
Chris Roemmich | Head Of Architecture | Leadership |
Cy Kirsch | Director Of Engineering | Leadership |
J B | Director of DevOps | Leadership |
Marty Leestma | Director | Board & advisors |
Larry Page | Director | Board & advisors |
Ed Prosser | Director | Board & advisors |
Seth Watkins | Software Engineer | Team |
38 more people are available in the full profile.
Complete people profiles for Bushel
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Investments & Acquisitions by Bushel
Bushel has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include FarmLogs and GrainBridge.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Farm business management software is provided for commercial agriculture. | grainbridge.com | Omaha, United States | 2007 | Oct 2021 | •••• | |
Farm management software is developed and provided for agricultural monitoring. | farmlogs.com | Ann Arbor, United States | 2011 | Jun 2021 | •••• |
Complete acquisition details for Bushel
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Timeline of Bushel
5 dated milestones of Bushel across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Bushel is founded.
- Funding First funding round of $500K.
- Acquisition Acquires FarmLogs.
- Acquisition Acquires GrainBridge.
- Funding Latest funding round, Series C, of $26.0M.
Competitors of Bushel
Bushel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Javelot, Centaur, TeleSense, Tolsma-Grisnich and Tsenso, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| javelot-agriculture.com | 2018 | Wasquehal, France | $9.64M | – | Remote monitoring solutions for post-harvest agricultural storage are provided. | |
| centaur.ag | 2014 | Ventura, United States | $6.12M | – | Real-time monitoring and analytics for stored crops are provided. | |
| telesense.com | 2013 | Sunnyvale, United States | $18.59M | 26 | IoT-based environmental monitoring and control solutions are provided by TeleSense. | |
| tolsmagrisnich.com | 1952 | Emmeloord, Netherlands | – | – | Machinery for storage and processing of agriculture produce | |
| tsenso.com | 2015 | Stuttgart, Germany | $130,000 | 3 | Real-time temperature of sensitive goods is monitored via connected sensors. | |
| digigrain.in | 2023 | Hyderabad, India | – | 19 | Offers sourcing, storage, and finance solutions for agriculture MSMEs in India. | |
| gescaser.com | 1973 | Lleida, Spain | – | – | Provider of cloud-based grain facilities management software | |
| amber.ag | 2016 | Illinois, United States | $2.32M | 1 | Mechanical, electrical, and digital construction services are provided. | |
| myintellifarms.com | 2020 | Britton, United States | – | 124 | Helps farmers with grain storage, equipment, and maintenance services using advanced technology. |
Detailed competitors of Bushel
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Web traffic of Bushel
The website of Bushel (bushelpowered.com) receives about 28.3K visits a month.
- Monthly visits28.3K
▲ 157.1% vs previous month
Websites whose visitors overlap most with Bushel. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details |
Latest news on Bushel
Complete news archive for Bushel
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Bushel
10 companies that operate in the same segment as Bushel (Crop Tech & Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Cannabis products are provided to support consumer wellness and health. | 2013 | Smiths Falls, Ontario, Canada | – | USD 204.24 M | 960 | |
Provider of plant-based food ingredients | 2012 | St. Louis, Missouri, United States | USD 406.99 M | USD 470 M | – | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
Provider of farmers networking platform | 2014 | San Carlos, California, United States | USD 983.39 M | – | – | |
Manufacturer and distributor of irrigation equipment | 1963 | Jalgaon, Maharashtra, India | – | USD 679.04 M | 12,280 | |
AgroStar is engaged in providing agricultural products and solutions. | 2013 | Pune, Maharashtra, India | USD 208.82 M | USD 31.86 M | 1,249 | |
Crop protection solutions and hybrid seeds are provided for farming. | 2000 | Basel, Basel-stadt, Switzerland | – | – | – | |
SaaS-based B2B solutions for food supply chains are provided. | 2015 | Gurugram, Haryana, India | USD 51.11 M | USD 124.42 M | 373 | |
DeHaat is recognized as an online marketplace for farmers. | 2012 | Patna, Bihar, India | USD 223.57 M | USD 240.09 M | 2,011 |
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Frequently Asked Questions about Bushel
Bushel was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Bushel is headquartered in Fargo, United States. It is registered at Fargo, North Dakota, United States.
Jake Joraanstad is the current CEO of Bushel. They have also founded this company.
Bushel is a funded company, having raised a total of $101.5M across 7 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Mar 2015.
The company was founded in 2011 in Fargo, United States, and operates in the agritech sector. Subscription-based software is provided for grain facilities, enabling app development and website building along with hosting services. Key features encompass commodity balances, data security measures, and cash bids. Operations focus on monitoring and management tools tailored to agricultural storage needs across the region.
Bushel offers Customer Relationship Management, Payments Management, Farm Management, and Trade Management.
Bushel has made 2 acquisitions, including FarmLogs, and GrainBridge.
Bushel has 17 investors. Key investors include Cargill, Germin8, The Andersons, CGB Enterprises, and FoodBytes.
Bushel operates through Bushel Inc..