# Conservis

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/conservis

- Industry: Software
- Headquarters: Minneapolis, US
- Website: www.conserviscorp.com
- Total disclosed funding: $18M
- Latest round: Series A (Sep 11, 2015)
- Investors on record: 5

## About

Conservis Corp. is a farm management software provider that enhances the operational efficiency and profitability of agricultural businesses through innovative digital solutions.Founded in 2009 in Minneapolis, US, Conservis Corp. specializes in farm management software. The company was co-founded by Ken Conservis and Patrick Christie. In July 2021, it was acquired by Rabobank Group and TELUS Agriculture for an undisclosed amount, enabling further development of its platform and better solutions for farmers' data challenges. Conservis has executed a total of 10 deals since its inception, with its latest funding round being VENTURE DEBT, raising USD 6.360 mn, contributing to a total amount raised of USD 4.000 mn.Conservis offers a comprehensive farm management software platform designed to enhance operational efficiency and profitability for farmers. The platform includes functionalities such as work planning, communication of work orders, tracking field activities, inventory management, yield analysis, and cost of production estimation. Developed with direct input from farmers, the software addresses challenges in recordkeeping, logistics, and financial tracking, serving family farms and institutional agricultural operations across North America, Australia, and select European markets.Conservis generates revenue through a subscription-based model for its farm management software, providing clients with continuous access to its tools and services. The transaction structure typically involves annual or monthly fees, ensuring predictable revenue streams. The offerings are designed to maximize operational efficiency and profitability for a diverse client base, which includes both small family farms and larger institutional agricultural operations, reflecting Conservis's commitment to long-term relationships with its users.Following its acquisition in July 2021, Conservis Corp. is focused on expanding its farm management platform with the expertise of Rabobank Group and TELUS Agriculture. This partnership aims to enhance the platform's capabilities to address farmers' data challenges more effectively. The funding from the acquisition will support the development of new products and potential expansion into additional markets to better serve agricultural operations globally.

## Funding rounds

- Series A, Sep 11, 2015, $5M — Cultivian Sandbox Ventures, Pontifax Venture Capital, Middleland Capital, Heartland Farms, Inc., Closed Loop Capital
- Series A, Aug 26, 2014, $13M — Cultivian Sandbox Ventures, Middleland Capital, Heartland Farms, Inc.

## Investors

- Cultivian Sandbox Ventures (https://capitalatlas.ai/funds/cultivian-sandbox-ventures) — Series A
- Middleland Capital — Series A
- Heartland Farms, Inc. — Series A
- Pontifax Venture Capital (https://capitalatlas.ai/funds/pontifax-venture-capital) — Series A
- Closed Loop Capital (https://capitalatlas.ai/funds/closed-loop-capital) — Series A