ProducePay Overview
- Year Founded
-
2014
- Status
-
Private
- Employees
-
300
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$140M
- Investors
-
29
ProducePay General Information
Description
Provider of specialized financing services intended to help agribusinesses invest and expand. The company offers a predictable commerce platform featuring pre-season working capital, quick-pay shipment factoring, strategic sourcing, supply chain visibility, and market insights, enabling fresh produce industry participants to manage seasonal cash flow and operate efficiently.
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 |
|---|---|---|---|---|---|---|
| 14. Later Stage VC | 01-Sep-2026 | $140M | Completed | Generating Revenue | ||
| 13. Later Stage VC (Series E) | 29-Jul-2025 | Completed | Generating Revenue | |||
| 12. Later Stage VC (Series D3) | 01-Sep-2024 | 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 | $18.5M | $28.6M | Completed | Generating Revenue | |
| 5. Early Stage VC (Series A3) | 04-Mar-2017 | $7.37M | $10.1M | Completed | Generating Revenue |
ProducePay Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series E | ||||||||
| Series D3 | ||||||||
| Series D2 | ||||||||
| Series D1 | ||||||||
| Series C-2 | ||||||||
| Series C-1 | ||||||||
| Series B | ||||||||
| Series A-3 | ||||||||
| Series A-2 | 7,020,000 | $0.000010 | $0.04 | $0.04 | $0.04 | 0.29% | ||
| Series A-1 | 10,950,000 | $0.000010 | $0.02 | $0.02 | $0.02 | 0.45% |
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 (3)
One of ProducePay’s 3 competitors is Ever.Ag, a Private Equity-Backed company based in Lewisville, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ever.Ag | Private Equity-Backed | Lewisville, TX | ||||
| Growers Edge Financial | Venture Capital-Backed | Johnston, IA | ||||
| Taranis (Financial Software) | Corporation | Geneva, Switzerland |
ProducePay Signals
ProducePay Investors (29)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| CoVentures (South Africa) | Accelerator/Incubator | Minority | ||
| Makai VC | Venture Capital | Minority | ||
| Avenue Capital Group | PE/Buyout | Minority | ||
| Avenue Sustainable Solution | Venture Capital | Minority | ||
| Build Collective | Venture Capital | 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 300 total employees.
-
What industry is ProducePay in?
ProducePay’s primary industry is Specialized Finance.
-
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 $557M.
-
Who are ProducePay’s investors?
CoVentures (South Africa), Makai VC, Avenue Capital Group, Avenue Sustainable Solution, and Build Collective are 5 of 29 investors who have invested in ProducePay.
-
Who are ProducePay’s competitors?
Ever.Ag, Growers Edge Financial, and Taranis (Financial Software) are competitors of ProducePay.
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