Indigo Agriculture Raises an Additional $250M and Launches Digital Grain Marketplace

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Summary

Indigo Marketplace maximizes the value of the company’s microbial and digital tools and its relationships with thousands of farmers by connecting them directly with buyers and enabling them to receive premium prices for producing high quality food more sustainably.Ultimately, Indigo Marketplace efficiently connects buyers and growers, reduces costs throughout the supply chain, and responds to consumer demands for increased food system transparency, quality, and sustainability.The ultimate goal is to get the best price, and Marketplace cuts out the middle man and gets my grain directly to a buyer who is seeking a premium, identity-preserved crop… It’s been very simple so far; I signed up and someone reached out to me within 24 hours about a great bid.Indigo’s Marketplace enables buyers who want differentiated grain to buy it directly from the growers who produce it and reduces the supply chain costs for the whole industry.” – David Perry, President and CEO, IndigoThe company is headquartered in Boston, MA, with additional offices in Memphis, TN, Research Triangle Park, NC, Sydney, Australia, Buenos Aires, Argentina, and São Paulo, Brazil.

$ Funding

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Amount $250.0M Total raised
Date September 18, 2018 Announcement date
Investors Indigo Ag, Activant Capital, Otter Conuslting, Baillie Gifford, Alaska Permanent Fund Lead investors
Company https://www.indigoag.com/indigo-marketplace Funded company

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