Exclusively: Ambrook earns $ 26.1 million in the AS Series to provide farmers and livestock breeders with better accounting programs
Even in zooming, the wyoming sky is clearly in the background, with an extension of the farm land that extends to the distance. Crandall is a sixth-generation nanny, which is originally tilted to the ground that was originally settled by his predecessors in the 1950s-but he thinks proactively in technology in 2025.
“The livestock breeders are usually somewhat cheap and warned against spending money,” Crandall said. “We are trying to be the same. We are trying to be low -cost and run as much efficiency as possible.”
Agriculture was historically forward technologically, from the invention of plow in ancient Mesopotamia to implement the mechanical Riber in the Industrial Revolution. So, Ambrook-starting the accounting program that Crandall uses and the reason we are talking-is part of a long tradition of technology that focuses on agriculture. McKenzi Burnett, CEO and founder of Ambrook, said that Ambrook was explicitly designed, taking into account American agriculture and industry, as the gap that currently left programs such as Quickbooks leaves at the table.
“The farmer is in this delta, where it is unusually complicated for its size and personal file,” said Burnett, whose parents specialized in plant health in the US Department of Agriculture said. “Mother and pop stores generally make very thin margins, and they are working on programs that are designed for less complicated companies. They tend to reach what a kind of multiple and L and L, and they deal with multiple revenue lines. Often many farms have to integrate vertically in order to make margin profiles only work.”
Founded in 2021, Ambrook raised $ 26.1 million in the A series, luck I learned exclusively. Thrive Capital and Dylan Field led the tour, with the participation of the current investor. BoxGroup, Designer Fund, Dischief and Not Poring are among the new investors in Ambrook in this tour, which reaches the company’s total financing to $ 29 million. Burnett says agriculture is complicated, because the inventory (like cattle) has a literal life cycle – generates, grows, and dies.
“Most people in technology have an idea of ​​the complexity of the factory’s flooring in manufacturing,” said Burnett. “But agriculture involves biological factors, meaning that you have a stock that is born, grows and dies. This is a great complexity, and to understand how to manage this is not something Quickbooks – or even a lot of saas programs.
Jonathan Copes, a former official of the Agricultural Service Agency of the Ministry of Agriculture, said that the rise of Ambrook comes at a “difficult” time for agriculture in America, and he is heading towards seeing “fewer farmers who suffer from greater, more developed, more specialized and more autistic.”
“Agriculture, like the rest of the economy, faces real uncertainty about technological progress,” Copes wrote to luck By email. “What will be the effect of artificial intelligence, advanced robots, etc. In addition, cases of political and geographical uncertainty (from the conflicts of customs tariffs to wars) and those that change the climate. The risks and doubts pledge in the actual time, which makes it very difficult to make any predictions, or confidence in the directions of the past indicating the future.”
So, what does it take to keep a prosperous family farm? For one of them – for one of them – the Patriarch of the Rinfaring Family, the Earth in permanent confidence a few years ago, ensuring that the Earth remains together (and thus, a work that is applicable) across future generations. Efficiency and margins are important, especially when it comes to tracking, generating inventory, generating and dying.
“What Ambrook solves for me is time management,” said Chis. “Everything lives, and I don’t have to update anything manually. Our margins are important, because you cannot control much.
How many cows does Crandalls have anyway? Calvin leads while Chase while I am enlarged, and stops chatting. Ask. The two tell me inheritance and kindness that the question is Bass Fu.
“This is like me, I ask you,” How much money do you have in your banking account now? “Chis laughs.
His father jumps: “I got some money in your bank account, and we have some cows on our land!”
We see you tomorrow
Allie Garfinkle
x: Agarfinks
Email: Alexandra.garfinkle@fortune.com
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Adventure deals
– Cato networksSecure Access Service Service Service Service, which is based in Tel Aviv, has collected 359 million dollars in the G series financing, with a rate of $ 4.8 billion. Vitruvian partners and Ion Cross partners He led the tour and joined the current investors Lightspeed Venture Partnersand Capital CapitalAnd Adams Street partners.
– LevelpathThe San Francisco -based Amnesty International’s purchase platform raised $ 55 million of funding from the B. Battery project Lead Redpoint Venturesand standardand 01AAnd others.
– camp-fireBased on San Francisco, 35 million dollars of financing from the series C. accelerator Lead The basic capitaland y combinatorand Capital 49And owners investors.
– DeportationThe predictive intelligence software company that works from artificial intelligence in San Francisco raised $ 15 million in seed financing. Defy.vc Lead Hof Capitaland Project graduatesand LDV partnersAnd others.
– Circular healthBack -based Technologies developer, $ 12 million in seed financing. Projects outer Lead Sea beach projects and Csc Ventures.
– AirconAir Cargo Technology, which is based in Dallas, has raised $ 5 million in seed financing from Bloomberg Capital and Las Olas VC.
– DatagramTortola, Depin Basillaer, which is based in the British Virgin Islands, has raised $ 4 million of financing before the seed. A strong snowstorm of the collapse box Lead Animoca brandsand Cointelegraphand Amber groupThe owners and others are investors.
– WoodchukGrand Rapids, a waste technology company, has collected its headquarters, 3.8 million dollars of seed financing. Mason Fink Lead Northern clean energyand AlloysAnd Industries Picky.
– MonitJakarta, the Business Administration platform in Indonesia, raised its headquarters, $ 2.5 million in financing. Cento Ventures Lead Sansan And current investors 1982 Projects and Init 6.
Private property rights
– Stonbek acquired BridgeAnd he is the developer of Felo Desttio, the developer of Italian -based rings for space and industrial markets Carlyal With the value of an institution of 1.5 billion euros ($ 1.8 billion).
– Bright Star Capital Partners acquired PlayagsGames based in Las Vegas for casinos and digital games, for about $ 1.1 billion.
– Advent International He agreed to obtain a majority share in Layerzero Energy SystemsOraea energy management products, Ohio for data centers. The financial conditions have not been revealed.
– AltimetrikWith the support of who TpgAgree to get SLK programA Bangalore, India -based Amnesty International, an intelligence automation provider, and analysis solutions. The financial conditions have not been revealed.
– Centrock partners I completed a majority redrawing Now financial managerSupplier and Accounting Services provider in Sulti Lake in City for small and medium -sized companies. The financial conditions have not been revealed.
– Capital is a tendency acquired SS8 networksMelitas intelligence solutions, California Law enforcement, intelligence agencies and emergency services. The financial conditions have not been revealed.
– Capital NPM He agreed to obtain a majority share in ElbfrostMarily, Germany, food distribution. The financial conditions have not been revealed.
– Stellex Capital Management He agreed to obtain air filtering technology and noise technology Duwair GroupGermany, based in Germany, is a mechanical and wallet engineering company. The financial conditions have not been revealed.
– WebprosA portfolio company CVCAcquired The guilty backupBackup and storage solutions in the New Zealand, based on managed service providers and information technology teams. The financial conditions have not been revealed.
Output
– Exhausted He agreed to acquire Capstan TherapeuticsIt is a seat in San Diego at Vivo RNA Technology Biotech, for $ 2.1 billion in cash. Capstan Therapeutics In the past, almost $ 340 million of the project financing from investors, including Ra Capital Managementand Forbionand JJDCAnd others.
– Parker Hanivin He agreed to acquire Cortis toolsMount Kissco, engines control, batteries management, vehicle technology, from RilkoA portfolio company PlatinumFor about one billion dollars in cash.
– LevelblueWith the support of who Willjam Ventures and AT & TAgree to get TrustwaveAnd he is equipped with cyberspace services based in Chicago, from MC2 Security Fund. The financial conditions have not been revealed.
last
– Unified Center Artificial Intelligence acquired Rapid securityFremont security solutions, Calif in Genai, and ACANTEData Security Company based on Palu Alto. The financial conditions have not been revealed.
– evadeWith the support of who Blue YonderI got the remaining 51 % stake in Inmar Porchase SolutionsFedex Easy Returns, which is based in Scottsdale. doodle Previously owns a 49 % stake in the company, which has now been renamed Blue retail sales yonder. The financial conditions have not been revealed.
– Edward Jones He agreed to obtain the capabilities of overlapping management services Investment managers in NatixisIt is a Boston -based asset management company. The financial conditions have not been revealed.
Money + funds of money
– Learn about the partnersA private company in New York City, which focuses $ 1.7 billion for its second fund on digital services.
the people
– IVPMenlo Park added Calif. Helen Clement As a partner and head of the capital formation, added Jimina Novak As a partner, it was promoted Shiris Garp To a partner. previously, Clement I was in Landton management and Nowack I was in Dawn of the capital.
