What is Tillable?
Tillable operates as a digital marketplace dedicated to the U.S. farmland rental market, a sector valued at approximately $32 billion. The platform is designed to enhance returns for landowners while simultaneously facilitating land access for farmers seeking to expand their operations. By providing an intuitive online interface, Tillable streamlines the farm lease management process for property owners and simplifies the land acquisition process for agricultural producers.
How much funding has Tillable raised?
Tillable has raised a total of $9.1M across 3 funding rounds:
Series A
$8.3M
Debt
$350K
Debt
$468K
Series A (2019): $8.3M, investors not publicly disclosed
Debt (2020): $350K led by PPP
Debt (2021): $468K supported by PPP
What's next for Tillable?
The substantial enterprise-level funding Tillable has garnered suggests a strategic focus on scaling its operations and expanding its market reach. This capital is likely to be deployed towards enhancing its digital platform, broadening its user base among both landowners and farmers, and potentially exploring new service offerings within the agricultural technology landscape. The company's trajectory indicates a move towards solidifying its position as a leader in optimizing farmland transactions through technology.
See full Tillable company page
