AcreTrader, a Fayetteville GA-based technology company that dynamically connects investors, land, and farmers, raised $40M in Series B funding.
The round, which brings total funding to $58m since inception, was led by Anthemis Group and existing investors.
The company intends to use the funds to further scale its platform, expand its team of technology, finance, and agriculture experts, and work with farmers and landowners to build the market.
Led by Carter Malloy, founder and CEO, AcreTrader provides a platform for investors, buyers, and sellers to access to land, data, and tools that enable them to transact efficiently. Founded in 2018, the company utilizes proprietary technology to facilitate the buying and selling of land, one of the largest U.S. real estate sectors, exceeding $3 trillion in value, through a streamlined customer experience.