FarmLead

Saskatoon, Canada Founded: 2013 • Age: 13 yrs Acquired By Bayer
Online marketplace for connecting grain growers and buyers

About FarmLead

FarmLead is a company based in Saskatoon (Canada) founded in 2013 was acquired by Bayer in January 2023.. FarmLead has raised $6.5 million across 1 funding round from investors including Bayer, Monsanto and MaRS IAF. FarmLead operates in a competitive market with competitors including Tridge, PemPem and AgExchange Group, among others.

  • Headquarter Saskatoon, Canada
  • Sectors
    Retail
    Agriculture
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Agriculture → Agricultural Technology & Innovation
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $6.5 M (USD), Series A

    Mar 20, 2017

  • Investors
    Bayer

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    Bayer

    (Jan 19, 2023)

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Funding Insights of FarmLead

FarmLead has successfully raised a total of $6.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.5 million completed in March 2017. 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
  • Total Rounds 1
  • Last Round Series A — $6.5M
  • First Round

    (20 Mar 2017)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2017 Amount Series A - FarmLead Valuation Monsanto
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in FarmLead

FarmLead has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Bayer, Monsanto and MaRS IAF. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage technology startups are supported through investments by MaRS IAF.
Founded Year Domain Location
Venture capital fund focused on Agtech and multiple sectors
Founded Year Domain Location
Early-stage venture capital investments are made across the US.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by FarmLead

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - FarmLead

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Farmlead Comparisons

Employees
+
Add Comparison
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Competitors of FarmLead

FarmLead 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 Tridge, PemPem and AgExchange Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Farm products are traded via an online B2B marketplace.
domain founded_year HQ Location
Provider of agricultural product traceability solutions
domain founded_year HQ Location
Online platform connecting growers, suppliers, and buyers for secure commodity trading.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Farmlead

Combyne Ag (formerly FarmLead) acquired by Bayer
Realagriculture3 years ago

Frequently Asked Questions about FarmLead

When was FarmLead founded?

FarmLead was founded in 2013 and raised its 1st funding round 4 years after it was founded.

Where is FarmLead located?

FarmLead is headquartered in Saskatoon, Canada. It is registered at Saskatoon, Saskatchewan, Canada.

Is FarmLead a funded company?

FarmLead is a funded company, having raised a total of $6.5M across 1 funding round to date. The company's 1st funding round was a Series A of $6.5M, raised on Mar 20, 2017.

What does FarmLead do?

FarmLead was founded in 2013 in Saskatoon, Canada, within the agriculture sector. An online web and mobile platform is operated to link grain farmers and agribusinesses with buyers. Produce is listed by growers, including quantities and prices, while bids are submitted by buyers for negotiations. Transactions are facilitated with low commission fees applied.

Who are the top competitors of FarmLead?

FarmLead's top competitors include Tridge, PemPem and AgExchange Group.

Who are FarmLead's investors?

FarmLead has 6 investors. Key investors include Bayer, Monsanto, MaRS IAF, Serra Ventures, and Lewis & Clark Ventures.

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