$10 million in Series A investment was secured by Traction Ag, an Auburn, IN-based business that specializes in farm accounting technology and develops cloud-based accounting software that serves farmers nationwide.
Investors
- Cooperative Ventures
- Plymouth Growth
- current investors
Use of funds
The money will be used by the firm to support platform development and expansion.
The firm has accelerated the development of premium and enterprise capabilities inside the this platform by acquiring and integrating products from Granular and Conservis.
About Traction Ag
The company, led by CEO Dustin Sapp, gives farmers and ranchers the tools and information they need to make important choices on their properties. Together with data connections, its cloud-based accounting software gives farmers insights that may boost farm profitability by facilitating better decision-making.
