Bushel™ Announces $7 Million Investment
Bushel™ closed a $7 million private investment round to accelerate its patent-pending digital platform for the grain industry. The funding was led by private investors in the agriculture and software industries.
Bushel has been adopted by grain elevators, cooperatives, and ethanol plants that include Landus Cooperative, Agtegra, and Flint Hills Resources, which provide branded versions of the mobile platform to growers so they can access real time information on scale tickets, contract settlements, and cash bids.
Following its launch in 2017, Bushel has expanded its footprint from ten pilot locations in North Dakota to 400 elevator and ethanol plant locations throughout the U.S. and Canada. Today, 20,000 growers have access to Bushel-powered apps.
The investment will be used to expand Bushel’s reach; accelerate new features, research and development and customer success; and continue evaluating strategic acquisition opportunities.