ProducePay Overview
- Year Founded
-
2014

- Status
-
Private
- Employees
-
330

- Latest Deal Type
-
Series D
- Latest Deal Amount
-
$38M
- Investors
-
48
ProducePay General Information
Description
Developer of a financing and trading platform designed to facilitate a sustainable way to provide the agricultural industry with financial resources. The company's platforms provide farmers with immediate access to liquidity and financing in addition to real-time data for pricing transparency and connections to other key players in the field, enabling farmers to access custom-made cash flow services and expand their businesses.
Contact Information
Website
www.producepay.comCorporate Office
- 447 South Hewitt Street
- Suite B
- Los Angeles, CA 90013
- United States
Corporate Office
- 447 South Hewitt Street
- Suite B
- Los Angeles, CA 90013
- United States
ProducePay Timeline
ProducePay Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
12. Later Stage VC (Series D) | 01-Sep-2024 | $38M | Completed | Generating Revenue | ||
11. Secondary Transaction - Private | 01-Apr-2022 | Completed | Generating Revenue | |||
10. Debt - General | 27-Dec-2021 | Completed | Generating Revenue | |||
9. Later Stage VC (Series C2) | 18-Mar-2021 | Completed | Generating Revenue | |||
8. Debt - PPP | 08-Apr-2020 | Completed | Generating Revenue | |||
7. General Corporate Purpose | 16-Dec-2019 | Completed | Generating Revenue | |||
6. Early Stage VC (Series B) | 05-Nov-2018 | Completed | Generating Revenue | |||
5. Early Stage VC (Series A3) | 04-Mar-2017 | Completed | Generating Revenue | |||
4. Debt - General | 02-Jan-2017 | $2.74M | Completed | Generating Revenue | ||
3. Early Stage VC (Series A) | 30-Nov-2016 | $235K | $2.74M | Completed | Startup |
ProducePay Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C-2 | ||||||||
Series C-1 | ||||||||
Series B | ||||||||
Series A-3 | ||||||||
Series A-2 | 1,133,677 | $0.000010 | $1.04 | $1.04 | 1x | $1.04 | 1.96% | |
Series A-1 | 3,548,006 | $0.000010 | $0.42 | $0.42 | 1x | $0.42 | 6.12% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
ProducePay Comparisons
Industry
Financing
Details
ProducePay Competitors (5)
One of ProducePay’s 5 competitors is Growers Edge, a Venture Capital-Backed company based in Johnston, IA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Growers Edge | Venture Capital-Backed | Johnston, IA | ||||
Combyne | Formerly VC-backed | Calgary, Canada | ||||
Conservis | Formerly VC-backed | Minneapolis, MN | ||||
Bushel Farm | Formerly VC-backed | Ann Arbor, MI | ||||
KisanHub | Venture Capital-Backed | Cambridge, United Kingdom |
ProducePay Signals
ProducePay Investors (48)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Avenue Capital Group | PE/Buyout | Minority | ||
Avenue Sustainable Solution | Venture Capital | Minority | ||
Build Collective | Venture Capital | Minority | ||
CF Private Equity | PE/Buyout | Minority | ||
Commonfund | Asset Manager | Minority |
ProducePay FAQs
-
When was ProducePay founded?
ProducePay was founded in 2014.
-
Where is ProducePay headquartered?
ProducePay is headquartered in Los Angeles, CA.
-
What is the size of ProducePay?
ProducePay has 330 total employees.
-
What industry is ProducePay in?
ProducePay’s primary industry is Media and Information Services (B2B).
-
Is ProducePay a private or public company?
ProducePay is a Private company.
-
What is ProducePay’s current revenue?
The current revenue for ProducePay is
. -
How much funding has ProducePay raised over time?
ProducePay has raised $162M.
-
Who are ProducePay’s investors?
Avenue Capital Group, Avenue Sustainable Solution, Build Collective, CF Private Equity, and Commonfund are 5 of 48 investors who have invested in ProducePay.
-
Who are ProducePay’s competitors?
Growers Edge, Combyne, Conservis, Bushel Farm, and KisanHub are competitors of ProducePay.
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