Farmers Business Network was founded in 2014 by Amol Deshpande and Charles Baron. After a $300 million funding round pushed the company to a $3.9 billion valuation in 2021, CEO Deshpande told Bloomberg "we're certainly of a scale where we can IPO, without a shadow of a doubt," but said the company has not settled on a firm timeline, adding that "we are always talking about [going public], especially with the market being good, but a 100% of the focus right now is on the core operations of the business." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Farmers Business Network, or FBN, is an agtech platform that allows independent farmers to share data and communicate on a transparent information network. The platform aggregates information about seed and equipment prices, and has partnered with Amazon to build an online marketplace. In 2020, FBN acquired three agtech companies: Farmsave, Cibus, and Haplotech. The company has raised more than $900 million in venture capital funding from investors including Fidelity Management & Research Company, LN Mittal Family Office, Tudor Investment Corporation, BlackRock, T. Rowe Price Associates, and DBL Investors.
Farmer's Business Network does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Farmer's Business Network will be known as it becomes public. Here are similar public companies: Beyond Meat (NAS: BYND), Blue Apron (NYS: APRN), Oatly (NAS: OTLY).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 11/18/2021 | Series G | $3.89B | $XXX.XX | $XXX.XX |
| 8/3/2020 | Series F and F-1 | $1.85B | $XXX.XX | $XXX.XX |
| 2/11/2019 | Series E and E-1 | $1.06B | $XXX.XX | $XXX.XX |
| 11/30/2017 | Series D | $637.54MM | $XXX.XX | $XXX.XX |
| 3/7/2017 | Series C | $300MM | $XXX.XX | $XXX.XX |
| 8/9/2016 | Series B-2 | $192.6MM | $XXX.XX | $XXX.XX |
| 3/6/2015 | Series B | $90MM | $XXX.XX | $XXX.XX |
| 6/23/2014 | Series A-1 | $34.1MM | $XXX.XX | $XXX.XX |
| 4/10/2014 | Series A | $15MM | $XXX.XX | $XXX.XX |
Farmer's Business Network is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
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Farmer's Business Network is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
