Rosenblatt Securities is pleased to have advised Growers Edge, which helps farmers de-risk agtech adoption and boost profitability with customized financial risk management solutions, in its $40 Million Series B financing. The round was led by S2G Ventures, Cox Enterprises, and Skyline Global Partners. New strategic investor Bunge Ventures and existing investor Finistere Ventures also joined the round. The firm will use the proceeds to continue to enhance its data science platform, develop and advance its artificial intelligence platform, expand into new markets across the United States and around the globe,and launch cash flow-based lending for growers.
Founded in 2017 and headquartered in Johnston, Iowa – the heart of American farmland, Growers Edge's mission is to improve farm profitability through financial innovation, analytics and technology. Its tailored financial solutions are a compelling alternative to traditional ag financial products, providing economic incentives and data-backed prescriptions needed to effectively deploy agtech tools that can help farmers thrive in any economic climate.
Click here for the Growers Edge transaction announcement.
Rosenblatt’s Investment Banking division has a strong track record of helping innovative FinTechs and increasingly a broader universe of technology, media, and telecom companies raise private capital, go public, and pursue M&A. Rosenblatt is a thought leader and trusted advisor,uniquely positioned to connect disruptors and incumbents with customers,channel partners, and investors. Deep domain expertise and relationships with some of the most sophisticated and demanding market participants globally are hallmarks of our team, which has been on Institutional Investor’s FinTech Finance 40 ranking for two years running. In 2020, Rosenblatt has already closed sixtransactions, serving as lead adviser in five, including the sale of low latency infrastructure provider Exablaze to Cisco, GTS’ acquisition of Barclays equity option market making business, and capital raises by surveillance solutions provider Eventus, AI-based payment authorization and authentication firm Deep Labs, and now data-driven AgTech platfrom Growers Edge. Click here for a list of our recent transactions.
About Growers Edge Financial
Growers Edge puts grower profits first by delivering grower income assurance through data-driven financial technology products, solutions, and tools for the agricultural sector. Empowering farmers to adopt new technologies to increase profitability,Growers Edge solves the financial gaps of farmers by changing how agricultural inputs and services are sold, allowing them to capture more value and improve profits. Led by a proven team of crop management leaders and backed by top AgTech investors, the Company is headquartered in Johnston, Iowa. To learn more, visit www.growersedge.com.
About Rosenblatt Securities
Rosenblatt Securities is a boutique tech research firm, investment bank, and independent institutional brokerage founded in 1979 and headquartered in New York. The firm represents clients on an agency-only basis on its cutting-edge program trading desk and on the floor of the New York Stock Exchange, where it the largest broker by volume. The firm also provides industry-leading execution analytics, market-structure analysis, consulting and investment-banking services to a wide variety of clients globally, including institutional investors, exchanges, government entities, technology companies,banks, brokers and proprietary trading firms. Its growing research offering includes coverage of technology, media, and telecommunications and emerging, frontier,and developed markets. Member NYSE, FINRA, SIPC. For more information, please visit www.rosenblattsecurities.com