# agPAY

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/agpay-pty

- Industry: Financial Services
- Headquarters: Melbourne, Australia
- Website: www.agpay.com.au
- Total disclosed funding: $1.7M
- Latest round: Series A (Sep 20, 2023)
- Investors on record: 9

## About

Based in Victoria, Australia, and founded in 2021 by the Lempriere Group, agPAY Pty Ltd, a.k.a. agPAY, operates as an agriculture-focused financial technology company that focuses on providing financing and loaning solutions for Australian farmers. In December 2023, agPAY Pty Ltd raised AUD 2.6 million in a Series A funding led by IAG Firemark Ventures.

The company provides working capital finance to the Australian agriculture industry, primarily to farmers independent of the rural retail networks, in order to increase purchasing power to negotiate directly with their suppliers.

The company plans to use its proceeds from December 2023 funding to expand into New Zealand.

## Funding rounds

- Series A, Sep 20, 2023, $1.7M — IAG Firemark Ventures, Jcvc Pty Ltd, Begley Superannuation Pty Ltd, Bracha Pty. Ltd., Corringle Holdings Pty Ltd, First Stirling Investments Pty Limited, Mathkl 2 Pty Ltd, Stuart Stoyan Pty. Ltd., Umhlanga Rocks Pty Ltd

## Investors

- IAG Firemark Ventures (https://capitalatlas.ai/funds/iag-firemark-ventures) — Series A
- Jcvc Pty Ltd — Series A
- Begley Superannuation Pty Ltd — Series A
- Bracha Pty. Ltd. — Series A
- Corringle Holdings Pty Ltd — Series A
- First Stirling Investments Pty Limited — Series A
- Mathkl 2 Pty Ltd — Series A
- Stuart Stoyan Pty. Ltd. — Series A
- Umhlanga Rocks Pty Ltd — Series A