Conservis

Minneapolis, United States Founded: 2009 • Age: 17 yrs Acquired By Rabobank
Cloud-based farm management solutions are developed and offered.

About Conservis

Conservis is an Agriculture company based in Minneapolis (United States) founded in 2009 by Michael Borman and Sherman Black, and was acquired by Rabobank in July 2021. Cloud-based farm management solutions are developed and offered. Conservis has raised $50.3 million across 15 funding rounds from investors including TELUS, Rabobank and Cultivian Sandbox. The company has 54 employees. Its chief executive, as recorded, is Sherman Black. Conservis offers products and services including Farm Management Software and Data Analytics Tools. Its focus areas include Food and Agriculture Tech, Crop Tech, Farm Management Software and Diversified. Its legal entity is CONSERVIS CORP. Its competitors include Arable and Barn2Door; 2 of its 2 listed competitors have raised funding.

Company details

Conservis was founded in 2009 in Minneapolis, United States, within the agriculture technology sector. Cloud-based applications are provided to enable the recording of farm data and the integration of machine data for real-time monitoring of farming operations. Budgeting processes, inventory, and purchasing activities are managed through these tools. Crop-specific solutions are available for row crops, permanent crops, and multi-farm setups.

  • Headquarters Minneapolis, United States
  • Employees 54
  • Founders Michael Borman, Sherman Black
  • Stage Acquired
  • Sectors
    Agriculture
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website conservis.ag
  • Social LinkedIn X Facebook Instagram
  • Acquired by Rabobank (Jul 2021)
  • Legal Name Conservis Corp.
Operational Areas
Key Metrics
  • Total Equity Funding
    $50.3M (USD)

    in 15 rounds

  • Latest Funding Round
    $9.08M (USD), Series B

    Sep 2020

  • Investors
    TELUS

    & 4 more

  • Employee Count
    54
  • Acquired by
    Rabobank

    (Jul 2021)

Products & Services of Conservis

Conservis offers a comprehensive portfolio of products and services, including Farm Management Software and Data Analytics Tools.

Farm Management Software
Agriculture Software

Platform for planning and tracking farm activities and finances.

Data Analytics Tools
Analytics Software

Tools for yield analysis and inventory management in farming operations.

Funding Insights of Conservis

Conservis has successfully raised a total of $50.3M across 15 strategic funding rounds. The most recent funding activity was a Series B round of $9.08 million completed in September 2020. 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 $50.3M
  • Total Rounds 15
  • Last Round Series B β€” $9.08M
  • Investors Count 3

Latest 10 of 15 funding rounds of Conservis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2020$9.08MSeries B––
–
Feb 2020$4.57MSeries A––
–
Sep 2019$6.36MSeries A––
–
Aug 2018$4MSeries A––
–
Jun 2017$9.5MDebt – Conventional––
–
Jun 2017$9.5MDebt – Conventional––
–
Dec 2015$10MDebt – Conventional––
–
Dec 2015$10MDebt – Conventional––
–
Sep 2015$12.65MSeries A–Cultivian Sandbox
Sep 2015$5MSeries A––
–
Valuation history

5 investors in total: 5 institutional.

Investors in Conservis

Conservis has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include TELUS, Rabobank and Cultivian Sandbox.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
cultiviansbx.com
Foodtech and agtech sectors are invested in by Middleland Capital.
middlelandcapital.comWashington, Dc, United States
Family-owned farm growing potatoes, vegetables, corn, peas, beans, and soybeans sustainably.
heartland.farm
Commercial banking services are provided by Rabobank from Utrecht, Netherlands.
1972rabobank.comUtrecht, Netherlands
Integrated telecom and IPTV services are provided to Canadian customers.
1874telus.comVancouver, Canada
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Investor details for Conservis

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

People of Conservis

12 people are tracked at Conservis (5 in leadership, 7 in team); the tracked headcount is 54.

NameRoleGroup
Michael Borman
Co-FounderLeadership
Sherman Black
Co-Founder & CEOLeadership
Andrew Logan
Country Head - Aus/NZLeadership
Jack Locke
Director Southern RegionLeadership
Charles Faison
Vice President Of Product DevelopmentLeadership
Jessica Kalina
Customer Success RepresentativeTeam
Anthony Stibbard
Regional Account ManagerTeam
Chris Bhiki
Senior Customer Success ManagerTeam
Liz Lynch
People and Culture ManagerTeam
Kristen Johnson
Senior Marketing ManagerTeam
Charles Reinhardt
Customer Support RepresentativeTeam
Lee Kronfeldt
Territory Sales ManagerTeam
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Complete people profiles for Conservis

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of Conservis

4 dated milestones of Conservis across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Conservis is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series B, of $9.1M.
  4. Exit Acquired by Rabobank.

Competitors of Conservis

Conservis has 2 listed competitors in our database, 2 of them funded. They include Arable and Barn2Door.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
arable.com2014Princeton, United States$67.4M
IoT-based farm monitoring and crop management solutions are provided.
barn2door.com2015Seattle, United States$13.88M
Meats are retailed online and farm management solutions are provided.
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Detailed competitors of Conservis

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of Conservis

Websites that share an audience with Conservis (conservis.ag).

Similar websites

Websites whose visitors overlap most with Conservis. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cropx.com
100%
14.6K#1,714,962View details
farmbrite.com
95%
48.6K#578,482View details
feedandgrain.com
feedandgrain.com
88%
#2,511,927–
agritechtomorrow.com
84%
#2,437,076View details
icrisat.org
77%
93.4KView details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 8 similar websites and full traffic analytics for Conservis

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 8 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Crop Tech & Equipment

3 companies that operate in the same segment as Conservis (Crop Tech & Equipment) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of plant-based food ingredients
2012St. Louis, Missouri, United StatesUSD 406.99 MUSD 470 M
Robotic equipment for automating weeding on vegetable farms is developed.
2016San Francisco, California, United StatesUSD 139.96 M73
Provider of farmers networking platform
2014San Carlos, California, United StatesUSD 981.09 M808
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Related news about Conservis

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Complete news archive for Conservis

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Frequently Asked Questions about Conservis

Conservis was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Conservis is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

Sherman Black is the CEO of Conservis, as recorded in our data. They have also founded this company.

Conservis is a funded company, having raised a total of $50.3M across 15 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Nov 2012.

Conservis has 54 employees.

Conservis was founded in 2009 in Minneapolis, United States, within the agriculture technology sector. Cloud-based applications are provided to enable the recording of farm data and the integration of machine data for real-time monitoring of farming operations. Budgeting processes, inventory, and purchasing activities are managed through these tools. Crop-specific solutions are available for row crops, permanent crops, and multi-farm setups.

Conservis's top competitors include Arable and Barn2Door.

Conservis offers Farm Management Software and Data Analytics Tools.

Conservis has 5 investors. Key investors include TELUS, Rabobank, Cultivian Sandbox, Heartland Farm, and Middleland Capital.

Conservis operates through Conservis Corp..

Yes. Conservis was acquired by Rabobank in July 2021.

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