Participated · Equity · Apr 2025

Growers Edge is a Johnston, IA-based company that provides financial products and data-driven tools for agricultural retailers, manufacturers, and lenders. The company offers a suite of products including its Crop Plan Warranty Program, land and climate intelligence solutions, digital mortgage lending products, and input lending tools. As a fintech platform it delivers data-backed products designed to reduce risk and promote agricultural innovation and growth. Growers Edge acquired AQUAOSO Technologies, expanding its farmland valuation tool to cover over 144 million acres, and has surpassed one million acres protected through its Crop Plan Warranty program. The company raised $25M and intends to use the funds to scale its financial solutions, expand its reach with more ag retailers and lenders, and drive adoption of climate-smart agricultural products and practices across the U.S. The business is led by CEO Matt Hansen. Growers Edge, founded in 2017, offers financial solutions to agtech vendors via an intelligence platform that designs warranty-backed crop management plans. The platform uses federal crop insurance actual production history (APH) data dating back 4–10 years to inform pricing and coverage. Retailers white‑label these warranty-backed plans, which typically cover 90–100% of a farmer’s APH yields. Its outcome-based warranty model issues refunds in cash or product if performance metrics are not met. The company leverages digital agriculture software to build predictive models that link product use to expected outcomes. Financially, Growers Edge recently closed a $5 million venture debt facility from Silicon Valley Bank and announced a $40 million Series B last summer. Management says the debt will enable faster growth with less equity dilution. Growers Edge Financial builds financial technology products and solutions designed to de-risk agtech adoption for farmers by offering tailored financial risk-management and data-backed prescriptions. The company leverages proprietary data and analytics to create product warranties and economic incentives that encourage technology adoption without selling seed, inputs, or equipment. Growers Edge positions its offerings to boost farm profitability and support long-term financial and environmental resiliency. The business plans to use fresh capital to grow its data science team and advance its AI platform. Management intends to expand market penetration across the U.S. and globally to accelerate adoption of sustainable ag innovations. The company emphasizes partnerships with ag retailers and technology and agent partners to scale distribution and impact.

Led · Equity · Feb 2021

Aquaoso offers a cloud-based Water Security Platform and a proprietary Water Security Score™ that aggregates thousands of data sets to quantify water risk down to individual parcels of land. The platform is used to help organizations understand water risk in their investments, operations and supply chains. The company serves more than 30 institutional customers, including large lenders, farm credits, community banks, global investment firms and national food brands. To date Aquaoso has generated nearly 7,000 reports and analyzed more than 2 million acres. Led by CEO Chris Peacock, the company intends to use new capital to further develop its advanced Water Security Platform and other products and to continue geographic expansion. The business participated in the 2019 Techstars Sustainability Accelerator in Partnership with The Nature Conservancy.