Propagate Group, PBC
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Propagate Group, PBC - overview
Established
2017
Location
Denver, CO, US
Primary Industry
Agribusiness
About
Based in Colorado, US, and founded in 2017 by Ethan Steinberg (CEO), Harrison Greene (CIO), and Jeremy Kaufman (COO), PBC operates as an agricultural company that helps farmers and landowners to manage crops and finances. In July 2022, Propagate Group, PBC raised USD 10 million in Series A funding led by The Nest, with participation from AgFunder Inc. , Grantham Environmental Trust, TechStars, etc. Propagate Group, PBC develops an agroforestry investment that reduces business risks by combining fruit, nut, and timber trees with livestock or crop farming systems and focusing on stable crops in reproductive agriculture.
Furthermore, the firm offers software known as overyield that analyzes the future of the farm by which customers can generate profit per acre. The firm generates its revenue by offering its software under different plans including USD 70 per month for overyield pro, USD 2,500 per farm as basic, and USD 5,000 per farm as advanced. The company plans to use the July 2022 funding to acquire new tools for the platform.
Current Investors
Techstars , AgFunder, TELUS Pollinator Fund for Good
Primary Industry
Agribusiness
Sub Industries
Web Applications, Web Development, Software, Agribusiness
Website
www.propagateventures.com
Verticals
Agtech, Cloud Computing
Company Stage
Series A
Total Amount Raised
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