Traction Ag, an Auburn, IN-based company which specializes in farm accounting technology and developer of a cloud-based accounting software delivering solutions to farmers across the United States, raised $10M in Series A funding.
The round was led by Cooperative Ventures and joined by Plymouth Growth and existing investors.
The company intends to use the funds to support platform development and business growth.
Led by CEO Dustin Sapp, Traction Ag provides farmers and ranchers with the functionality and data they need to make critical decisions on the farm. Its cloud-based accounting software, coupled with data integrations, equips farmers with insights that can improve farm profitability through enhanced decision-making processes.
Recently, the company acquired and integrated solutions from Granular and Conservis accelerating the build-out of premium and enterprise features within the Traction Ag platform.
FinSMEs
23/05/2024