Farmers Business Network is a technology company.
Farmers Business Network has raised $973.0M across 10 funding rounds.
Farmers Business Network has raised $973.0M in total across 10 funding rounds.
Farmers Business Network has raised $973.0M in total across 10 funding rounds.
Farmers Business Network's investors include Acre Venture Partners, Bow Capital, DBL Partners, GV, Randy Komisar, Energy Impact Partners, Foundation Capital.
Farmers Business Network (FBN) is an AgTech company founded in 2014 that builds an integrated agriculture technology and commerce platform to empower family farmers with data-driven insights, high-ROI farm inputs, fintech solutions, and sustainability services.[1][2][3] It serves over 117,000 farms across more than 187 million acres in the U.S. and Canada as of July 2025, solving core problems like market opacity, high input costs, and lack of transparent data by enabling direct manufacturer purchases, personalized analytics via its "Norm" AI model, and nearly $3 billion in financing.[2][3] FBN's growth includes a 7,200+ product e-commerce marketplace, private-label expansions, third-party sellers, and livestock offerings, backed by investors like Kleiner Perkins, Google Ventures, T. Rowe Price, and ADM.[1][3]
The platform democratizes information through farmer-to-farmer networks, machine learning on billions of data points, and tools like FBN Insights for crop marketing and regenerative practices, fostering economic viability amid food security and climate challenges.[1][2][4]
FBN originated from a group of farmers frustrated with an unfair ag market, seeking transparency, direct access, and better information to compete effectively.[2] Founded in 2014 by Amol Deshpande and Charles Baron, the company was conceived to create a farmer-first system, evolving from this grassroots idea into a digital platform with e-commerce, fintech, and analytics.[2][3]
Many team members have farming backgrounds, making the mission personal; early development focused on connecting farmers for shared insights and market competition, leading to rapid traction with a free membership model and tools built by innovators responsive to farmer needs.[2][5] Pivotal growth came from investor backing and expansions like AI-driven agronomy, reaching 120,000+ members.[1][2][3]
FBN rides the AgTech wave, applying data science, AI, and e-commerce to a $1T+ fragmented agriculture industry long underserved by digital tools, timing perfectly with global pressures like population growth, climate change, and sustainability demands.[1][2][3] Market forces favoring it include rising farmer entrepreneurship, regenerative ag incentives, and supply chain disruptions pushing direct sourcing; its network effects amplify insights as more farms join, influencing the ecosystem by democratizing data once held by giants.[2][4]
By fostering competition and transparency, FBN challenges incumbents, boosts rural economies, and scales sustainable practices—positioning AgTech as essential for food security.[1][3][5]
FBN's trajectory points to deeper AI integration via "Norm," marketplace diversification into livestock and global expansion, and amplified sustainability via partnerships, capitalizing on precision ag and carbon markets.[3] Trends like AI agronomy, regenerative finance, and direct-to-farmer commerce will propel growth, potentially doubling acreage under management amid climate urgency. Its influence may evolve from U.S./Canada disruptor to global platform, solidifying family farms' prosperity in a tech-transformed ag economy—true to its farmer-first roots.[1][2][3]
Farmers Business Network has raised $973.0M across 10 funding rounds. Most recently, it raised $50.0M Venture Round in July 2025.