Produce Pay

Produce Pay

Verified
An Agriculture Fin-tech start-up with a focus on farmers who want to grow their business by offering tools that make their business more predictable, transparent and fair. Learn more
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$38.0m

Valuation: $215m

Series D
Total Funding000k

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ProducePay is a revolutionary startup operating in the agricultural sector, specifically within the fresh produce market. The company provides a unique platform that connects farmers and buyers, facilitating efficient trading of high-quality produce. The platform operates across the US, Mexico, and Latin America, serving a diverse range of clients in 18 countries.

The company's primary mission is to create a more sustainable produce industry. It achieves this by providing farmers with unprecedented access to the market, financial solutions, and trade protection. This not only empowers farmers but also benefits buyers who gain access to a wider range of growers and can receive fresh produce more efficiently.

ProducePay's business model is centered around its innovative Marketplace Storefront. This platform allows users to pick preferred trading partners or showcase their produce, with all trading activities consolidated in one place. The company ensures that all trading partners in the ProducePay Network are pre-verified and trusted, thus ensuring the integrity of transactions.

The company also leverages technology to provide growers and buyers with access to 52 weeks of high-quality produce supply. It also offers unmatched pricing and data across all commodities, thanks to the unprecedented transaction data from its Marketplace.

ProducePay generates revenue through the transactions made on its platform. With billions in fresh produce transacted, the company has positioned itself as a significant player in the global produce industry.

Keywords: Agriculture, Fresh Produce, Marketplace, Trading Platform, Sustainable Industry, Financial Solutions, Trade Protection, Data Insights, Global Network, Produce Supply.

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