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ProducePay Raises $38 Million to Improve Predictability and Transparency Across the Global Fresh Produce Supply Chain

PRIVATEFeb 05, 2024

Amount Raised

$38 Million

Round Type

Funding Round

DowntownFood And Beverage

Investors

Red Bear AngelsAvenue Sustainable SolutionsAvenue Venture OpportunitiesEndeavor8Astanor VenturesAnterra CapitalG2 Venture PartnersCf Private EquitySyngenta Group Ventures

Description

ProducePay, recognized as one of Fast Company’s Most Innovative Companies and the World Economic Forum’s newest Unicorn Innovators, announced $38 million in Series D financing led by Syngenta Group Ventures. The funding will be used to accelerate global expansion, develop technology and services, and advance Predictable Commerce Programs. The company has already supported more than $4.5 billion in fresh produce transactions globally and aims to reduce economic and food waste across the supply chain.

Quick answer

ProducePay raised $38 Million in a Funding Round round, dated February 5, 2024. Investors: Red Bear Angels, Avenue Sustainable Solutions, Avenue Venture Opportunities, Endeavor8, Astanor Ventures, Anterra Capital, G2 Venture Partners and Cf Private Equity. ProducePay is based in Downtown, California, United States.

How much did ProducePay raise?
ProducePay raised $38 Million in a Funding Round round on February 5, 2024.
Who invested in ProducePay?
Red Bear Angels, Avenue Sustainable Solutions, Avenue Venture Opportunities, Endeavor8, Astanor Ventures, Anterra Capital, G2 Venture Partners and Cf Private Equity are named as investors in this round.
What does ProducePay do?
ProducePay is a US Based start up transforming the global produce industry into a more connected and sustainable movement.
Where is ProducePay based and how big is it?
ProducePay is based in Downtown, California, United States. Fundz records about 271 employees.
Who are the decision-makers at ProducePay?
Fundz holds 2 contacts at ProducePay. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food And Beverage around the same time

Companies in the same sectors as ProducePay that raised within 45 days of this round, from Fundz verified event records.

  • Wet Beverages raised $1.4M (Seed) on March 21, 2024.
  • Tender Food raised $10M on March 20, 2024.
  • Curefoods raised $25M (Series D) on March 18, 2024.
  • Daily Harvest raised $12M on March 15, 2024.
  • Wonder raised $718M on March 15, 2024.
  • Aqua Vitea raised $1M (Seed) on March 13, 2024.

Who to call at ProducePay, and when

A new round usually means ProducePay is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day ProducePay raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at ProducePay, from your own LinkedIn network

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Company Information

Company

ProducePay

Location

Downtown, California, United States

About

ProducePay is a US Based start up transforming the global produce industry into a more connected and sustainable movement. We give farmers unprecedented access to the market, financial solutions, and trade protection they need. Buyers and consumers receive fresher produce more efficiently, knowing it is grown and delivered in responsible ways. This simplified and empowering approach is helping to eliminate over 50% of economic and food waste, and create value for everyone involved.

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Fundz sees it the moment ProducePay raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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ProducePay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.