About Growers
Growers is an Agriculture company based in Garner (United States) founded in 2011, and was acquired by ICL in February 2020. Farm data collection and analytics services are provided. Growers has raised $10.77 million across 5 funding rounds from investors including ICL Group, Innova Memphis and Lewis & Clark Agrifood. Growers offers products and services including Loyalty Programs Powered by GROWERS and Axiom AI Models. Its focus areas include Food and Agriculture Tech, Crop Tech, ECommerce and Enablers.
Company details
Growers was founded in 2011 in Garner, United States, within the agriculture sector. Services focused on farm data collection and analytics are delivered to enhance yields. Offerings include soil fertility diagnostics through sampling, mapping, and analysis; on-farm data gathering; water utilization monitoring; decision support for optimizing inputs like seeds and fertilizers; hardware and software integration; fertilizer prescriptions; agronomic assistance; and crop planning. Crop-specific solutions are supplied to farmers.
Products & Services of Growers
Growers offers a comprehensive portfolio of products and services, including Loyalty Programs Powered by GROWERS and Axiom AI Models.
Automated platform to reduce churn and increase retailer sales.
Predicts customer churn using data analysis for ag retailers.
Apps and channels of Growers
its YouTube channel GROWERS has 109 subscribers and 26 videos.
Videos from Growers
The most watched videos on Growers's YouTube channel, GROWERS (109 subscribers). Click a video to play it here.
More on GROWERS.
Funding Insights of Growers
Growers has successfully raised a total of $10.77M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4 million completed in April 2019. 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 $10.77M
- Total Rounds 5
- Last Round Debt – Conventional — $4M
- First Round $750,000
(Aug 2015)
- Investors Count 7
All 5 funding rounds of Growers 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 |
|---|---|---|---|---|---|
| Apr 2019 | $4M | Debt – Conventional | – | – | – |
| Sep 2018 | $5M | Series A | – | Lewis & Clark Agrifood | |
| Aug 2018 | $4.02M | Series A | – | – | – |
| Jul 2017 | $999,990 | Seed | – | – | – |
| Aug 2015 | $750,000 | Seed | – | – | – |
8 investors in total: 8 institutional.
Investors in Growers
Growers has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include ICL Group, Innova Memphis and Lewis & Clark Agrifood.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are made in high-growth technology companies. | innovamemphis.com | Memphis, United States | ||
Venture capital investments are directed toward agriculture and food sectors. | lewisandclarkagrifood.com | St. Louis, United States | ||
Maize Partners is engaged in unspecified business activities. | maizepartners.com | Dallas, United States | ||
Early stage investments are made by VTC Ventures. | vtcventures.com | United States | ||
Farmer-led firm provides loans and growth capital for agribusinesses. | 2013 | tiverton.ag | Raleigh, United States | |
Solutions for due diligence in business processes are provided. | middlelandcap.com | |||
Albany Partners is engaged in technology and product leadership recruitment. | albanypartners.co.uk | London, United Kingdom | ||
Specialty minerals and chemicals products are manufactured for industrial use. | 1968 | icl-group.com | Tel Aviv, Israel |
Investor details for Growers
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Growers
6 people are tracked at Growers (4 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Duncan Kerr | Chief Financial Officer | Leadership |
Steven Valencsin | President/CEO | Leadership |
John Montgomery | VP, Key Accounts | Leadership |
Alix Boulard | Director of Revenue Operations | Leadership |
René Pretorius | Data Operations Manager | Team |
Justin Taylor | Sr. Sales Manager | Team |
Complete people profiles for Growers
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Growers
4 dated milestones of Growers across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Growers is founded.
- Funding First funding round of $750K.
- Funding Latest funding round, Debt – Conventional, of $4.0M.
- Exit Acquired by ICL.
Web traffic of Growers
The website of Growers (growers.ag) receives about 3.5K visits a month.
- Monthly visits3.5K
▲ 56.8% vs previous month
Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as Growers (Crop Tech & Equipment) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 981.09 M | 808 |
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Related news about Growers
Complete news archive for Growers
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Frequently Asked Questions about Growers
Growers was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Growers is headquartered in Garner, United States. It is registered at Garner, North Carolina, United States.
Growers is a funded company, having raised a total of $10.77M across 5 funding rounds to date. The company's 1st funding round was a Seed of $750K, raised on Aug 2015.
Growers was founded in 2011 in Garner, United States, within the agriculture sector. Services focused on farm data collection and analytics are delivered to enhance yields. Offerings include soil fertility diagnostics through sampling, mapping, and analysis; on-farm data gathering; water utilization monitoring; decision support for optimizing inputs like seeds and fertilizers; hardware and software integration; fertilizer prescriptions; agronomic assistance; and crop planning. Crop-specific solutions are supplied to farmers.
Growers offers Loyalty Programs Powered by GROWERS and Axiom AI Models.
Growers has 8 investors. Key investors include ICL Group, Innova Memphis, Lewis & Clark Agrifood, Tiverton, and Middleland Capital.
Yes. Growers was acquired by ICL in February 2020.