# FarmLogs

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

- Industry: Software
- Headquarters: Ann Arbor, US
- Website: www.farmlogs.com
- Total disclosed funding: $37M
- Latest round: Series C (Jan 11, 2017)
- Investors on record: 10

## About

FarmLogs, based in the US, develops and distributes farm management software that empowers agricultural enterprises to enhance their operational efficiency and financial performance through innovative technology and data-driven insights.FarmLogs is a technology company focused on providing farm management solutions. Founded in Ann Arbor, US, in 2012 by Jesse Vollmar and Pierre Boucher, the company raised a total of USD 22.00 mn in funding with its latest round being a Series C led by Prosus Ventures on June 16, 2021. The company has completed 5 deals prior to its acquisition by Bushel, Inc. in June 2021, allowing for better data integration for farmers managing a significant portion of the US grain production.FarmLogs offers comprehensive farm management software that improves operational and financial performance for agricultural businesses. The software includes functionalities for tracking farm inputs, generating financial reports, and managing grain contracts, integrated with platforms like John Deere Operations Center. It provides real-time market updates and field-specific notifications to aid farmers in efficient decision-making and profitability optimization.FarmLogs generates revenue through a subscription model for its software services, offering different tiers such as Basic, Essentials, and Enterprise. Revenue is realized from annual subscription fees, ensuring predictable cash flow, where clients include farmers and agricultural organizations. The platform's features help streamline transaction handling and enhance customer retention.Following the acquisition in June 2021, FarmLogs aims to enhance its farm management capabilities by linking on-farm management data for tens of thousands of producers. The recent funding will support initiatives to expand their product offerings and improve integration with existing agricultural data systems. Specific plans for upcoming products and expansion into new geographic markets are not detailed, but the company focuses on strengthening its presence in the US agricultural sector.

## Funding rounds

- Series C, Jan 11, 2017, $22M — SV Angel, Huron River Ventures, Detroit Venture Partners, Y Combinator, Hyde Park Angels, Hyde Park Venture Partners, Drive Capital, Prosus Ventures
- Series B, Dec 2, 2014, $10M — SV Angel, Huron River Ventures, Hyde Park Venture Partners, Drive Capital
- Series A, Dec 20, 2013, $3.8M — Huron River Ventures, Hyde Park Angels, Hyde Park Venture Partners, Drive Capital
- Seed, Jan 25, 2013, $1M — Invest Detroit, Huron River Ventures, Y Combinator, Hyde Park Angels, Hyde Park Venture Partners, Silicon Badia

## Investors

- Invest Detroit (https://capitalatlas.ai/funds/invest-detroit) — Seed
- Huron River Ventures (https://capitalatlas.ai/funds/huron-river-ventures) — Seed, Series A, Series B, Series C
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series C
- Hyde Park Angels (https://capitalatlas.ai/funds/hyde-park-angels) — Seed, Series A, Series C
- Hyde Park Venture Partners (https://capitalatlas.ai/funds/hyde-park-venture-partners) — Seed, Series A, Series B, Series C
- Silicon Badia (https://capitalatlas.ai/funds/silicon-badia) — Seed
- Drive Capital (https://capitalatlas.ai/funds/drive-capital) — Series A, Series B, Series C
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series B, Series C
- Detroit Venture Partners (https://capitalatlas.ai/funds/detroit-venture-partners) — Series C
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series C