Traction Ag

Farm-loving folks with top-notch software. Employee & farmer-owned. Boosting your farm’s bottom line. Let’s go!

General Information
Company Name
Traction Ag
Founded Year
2020
Location (Offices)
Auburn, United States +1
Founders / Decision Makers
Number of Employees
45
Industries
Agriculture, AgriTech
Funding Stage
Series A
Social Media

Traction Ag - Company Profile

Traction Ag is a farm management startup founded in 2020 and based in the United States. The company's slogan, "Farm-loving folks with top-notch software. Employee & farmer-owned. Boosting your farm’s bottom line. Let’s go!" encapsulates its mission to provide cutting-edge solutions to the farming community. Traction Ag's unique selling point lies in its farm-specific accounting capabilities integrated into a cloud-based application, which allows for real-time financial analysis and informed decision-making. The recent $10.00M Series A investment on 21 May 2024 from Plymouth Growth and Cooperative Ventures is a testament to the investor confidence in the company's potential. As a majority employee and farmer-owned business, Traction Ag understands the challenges faced by the farming community, and its integrations with industry leaders like Climate FieldView and John Deere Operations Center showcase its commitment to streamlining farm operations. The company's dedication to innovation and excellence ensures that its software meets the evolving needs of modern agriculture. Traction Ag's focus on enhancing financial management, improving operational efficiency, and providing valuable insights into farm performance positions it as a critical player in revolutionizing farm management. With a goal to boost farm profitability and success, Traction Ag offers not just technology but also a supportive community for farmers. In conclusion, Traction Ag's recent Series A investment and its innovative approach to farm management make it a startup to watch, as it continues to provide reliable support and cutting-edge technology to the farming community, driving greater success and efficiency. For more information, please visit tractionag.com or email [email protected].

Taxonomy: farm management, cloud-based, accounting solution, financial analysis, agricultural technology, field operations, cost tracking, profitability analysis, integrations, employee-owned business, farmer-owned business, agricultural data, data automation, agricultural software

Funding Rounds & Investors of Traction Ag (3)

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Funding Stage Amount No. Investors Investors Date
Series A $10.00M 2 21 May 2024
Venture Round $3.44M - 29 Apr 2024
Seed Round $3.00M 3 Hageman Group 20 Sep 2022

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