Produce Pay

Financial ServicesSeries DLos Angeles, USproducepay.com

Latest round

Series D

Last raised

Feb 2024

Total raised

$106M

Investors

26

About Produce Pay

Produce Pay, Inc.Founded in 2014 by Ben Dusastre and Pablo Schwarzbeck, Produce Pay operates out of Los Angeles, US. The company focuses on providing financial solutions to the fresh produce market.Produce Pay offers a comprehensive suite of financial solutions tailored specifically for the fresh produce industry. The company's core products include Predictable Commerce Programs, which integrate capital support, end-to-end visibility, and strategic partnerships, enabling businesses to optimize their supply chains and enhance operational efficiency. The firm also features Quick-Pay services, which facilitate faster payments to suppliers, thus improving cash flow management.Produce Pay’s revenue model is structured around its specialized financial services offered to businesses within the agricultural sector. Additionally, Produce Pay's services include subscription-based models for access to real-time market intelligence and supply chain analytics, helping clients make informed decisions.In Q3 2024, Produce Pay, Inc. Furthermore, Produce Pay is strategizing to expand into additional markets in Central and South America, aiming for completion by the end of 2024.

Who invested in Produce Pay

26 investors across 6 rounds

See all investors in Produce Pay

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series D

    Feb 5, 2024

    Amount

    $38M

    Investors

    Locked

  2. Series C

    May 20, 2021

    Amount

    $43M

    Investors

    Locked

  3. Series B

    Oct 18, 2018

    Amount

    $14M

    Investors

    Locked

  4. Series B

    May 21, 2018

    Amount

    Undisclosed

    Investors

    Locked

  5. Series A

    Jun 29, 2016

    Amount

    $1.2M

    Investors

    Locked

  6. Series A

    Jun 10, 2016

    Amount

    $9.7M

    Investors

    Locked

Questions about Produce Pay

Who invested in Produce Pay?

Produce Pay has 26 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Produce Pay raised?

Produce Pay has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Produce Pay last raise money?

Produce Pay's most recent round on record is a Series D, in Feb 2024.

What does Produce Pay do?

Produce Pay is a financial services company.

Where is Produce Pay headquartered?

Produce Pay is headquartered in Los Angeles, US.

Which VCs invest in companies like Produce Pay?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Produce Pay's stage. Their profiles are linked below.

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