Ag Startup Engine announced today that they have made a second investment in FarmlandFinder.
FarmlandFinder (formally Terva) is a technology company that develops products and services to make farmland information accessible. FarmlandFinder plans to use the funds to help them increase the size of their staff and continue to grow their business infrastructure.
“Up to this point, we’ve had a product for the state of Iowa,” said Steven Brockshus, founder and CEO of FarmlandFinder. “By this winter, we’ll have full coverage throughout twelve states in the Midwest.”
The $25,000 investment comes nearly one year after an initial investment for the same amount was made in August of last year.
“We had an investor meeting back in June and FarmlandFinder presented the traction they made since the investment in late 2017,”said Joel Harris, Co-director of Ag Startup Engine.”We felt that they had hit a lot of important milestones and are going to continue to be successful.”
Farmland Finder: Value in a name –April 10, 2018
ISU graduate starts Terva.Ag to answer the questions on land sales, values – July 5, 2017