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FarmLogs Raises $4M Series A To Further Advance Farming Into The Age of Apps

119 pointsby vollmarjover 11 years ago

17 comments

ajjuover 11 years ago
5% of farms in the U.S. are using Farmlogs! That&#x27;s insane!<p>Congratulations to two of the nicest founders I have met and their team :)
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timlinover 11 years ago
I live on a small farm and know quite a few farmers socially. The 5% number seems hard to believe.<p>According to Wikipedia[1], there were 2.2 million farms in 2007. Since the number of farms is decreasing (land development, consolidation, etc), let&#x27;s say today there are only 2 million. At 5%, that&#x27;s 100k farms on FarmLogs. That&#x27;s impressive. I wonder how many of them are paying customers?<p>Especially given that most farmers I know are older (think Baby Boomer age) and are barely competent using the Internet never mind an app&#x2F;SAAS like this.<p>1 - <a href="https://en.wikipedia.org/wiki/Agriculture_in_the_United_States" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Agriculture_in_the_United_Stat...</a>
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minimaxover 11 years ago
I wonder how much the Climate Corporation acquisition did to boost investor interest in ag tech startups? Also glad to see success from a Midwestern startup. Congratulations FarmLogs!
uptownover 11 years ago
One thing I&#x27;ve seen before, but never quite understood, is how a company like this can exist, but have a position for &quot;Lead Engineer&quot; open on their jobs page. Is it usually the case that their previous lead engineer moved onto something else, or that they bootstrapped a functional version until this point, and now they need someone with more experience leading a team?
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jonluccover 11 years ago
I think this is such a neat business. The farmers I&#x27;ve met are fairly savvy business-people and will probably be very happy to have better information about their business in a way that Quickbooks and Excel can&#x27;t easily provide.
hoiover 11 years ago
Sounds very similar to Nokia Life Tools which launched in India back in 2009 - <a href="http://en.wikipedia.org/wiki/Nokia_Life_Tools" rel="nofollow">http:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Nokia_Life_Tools</a> &quot;The agricultural part of the service consists of localized information including weather conditions, advice about crop cycles, general tips and techniques, as well as market prices for crops. Farmers in the pilot scheme said getting daily prices on their phones reduced their dependency on agents for basic information, enabling them to negotiate with greater confidence.&quot;
muxxaover 11 years ago
From a tech savvy farmer friend:<p>&gt; Yep it is USA only but it&#x27;s interesting. Especially the market watch on grain price. Farmers never have a notion what the worldwide price for barley is even thou they sell it.<p>&gt; Also the farm log on field performance is something that would work on a smaller irish scale.<p>&gt; There would be a definite appetite for something like that.<p>I don&#x27;t understand why apps such as this are limited to US only? There are plenty of early adopters in the rest of the world.
gaiusover 11 years ago
The ironic thing is if they had written FarmVille, they&#x27;d have raised $4Bn. VC priorities are crazy.
protomythover 11 years ago
The article has a bit of an error when saying current offerings all require PCs. Some of the big companies in Ag have serious websites that do not require PCs that help track finances, crops, fields, and even let farmers sign contracts on the web.
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bitsweetover 11 years ago
Congrats Jesse, Brad, and team!
fudged71over 11 years ago
It seems a bit like you&#x27;re doing to farming what PetroFeed is doing to Oil &amp; Gas. Great work!
tohannover 11 years ago
Wow, huuuuge congrats to FarmLogs! This should be a very exciting year for you guys!
mangomanover 11 years ago
Congrats to Jesse and Brad and the rest of FarmLogs!
infectoover 11 years ago
Congrats Jesse and team! Great group of guys.
dansoover 11 years ago
Congrats, and a great pursuit that may not be SnapChat famous, but may have an easier and much needed value proposition. Modern farm machinery is pretty-well wired, but it&#x27;s also believable that the systems to organize and make use of such data could be improved. Modern combines are fun to ride around in...like a truck, except relatively safe to watch movies while driving given the speeds involved.
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ajaymehtaover 11 years ago
Big congrats, guys! :)
mjhea0over 11 years ago
Congrats, Jessie! :)