# Propagate Group, PBC

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/propagate-group-pbc

- Industry: Agribusiness
- Headquarters: Denver, US
- Website: www.propagateventures.com
- Total disclosed funding: $7.3M
- Latest round: Series A (Jul 15, 2022)
- Investors on record: 6

## About

Based in Colorado, US, and founded in 2017 by Ethan Steinberg (CEO), Harrison Greene (CIO), and Jeremy Kaufman (COO), PBC operates as an agricultural company that helps farmers and landowners to manage crops and finances. In July 2022, Propagate Group, PBC raised USD 10 million in Series A funding led by The Nest, with participation from AgFunder Inc., Grantham Environmental Trust, TechStars, etc. 

Propagate Group, PBC develops an agroforestry investment that reduces business risks by combining fruit, nut, and timber trees with livestock or crop farming systems and focusing on stable crops in reproductive agriculture. Furthermore, the firm offers software known as overyield that analyzes the future of the farm by which customers can generate profit per acre. 

The firm generates its revenue by offering its software under different plans including USD 70 per month for overyield pro, USD 2,500 per farm as basic, and USD 5,000 per farm as advanced.

The company plans to use the July 2022 funding to acquire new tools for the platform.

## Funding rounds

- Series A, Jul 15, 2022, $5.8M — Techstars, AgFunder, TELUS Pollinator Fund for Good, Nest, Neglected Climate Opportunities, The First Thirty
- Seed, Apr 16, 2020, $1.5M — Neglected Climate Opportunities

## Investors

- Neglected Climate Opportunities (https://capitalatlas.ai/funds/neglected-climate-opportunities) — Seed, Series A
- Techstars (https://capitalatlas.ai/funds/techstars) — Series A
- AgFunder (https://capitalatlas.ai/funds/agfunder) — Series A
- TELUS Pollinator Fund for Good (https://capitalatlas.ai/funds/telus-pollinator-fund-for-good) — Series A
- Nest (https://capitalatlas.ai/funds/nest) — Series A
- The First Thirty (https://capitalatlas.ai/funds/the-first-thirty) — Series A