ProducePay Secures $2,500,000 New Financing Round

  • Feed Type
  • Date
    6/30/2016
  • Company Name
    ProducePay
  • Mailing Address
    555 W 5th Street 31st Floor Los Angeles, CA 90013 USA
  • Company Description
    We provide fresh-produce farmers (growers), distributors, shippers, and marketers with new ways to access cash flow and increase sales when it is needed most. ProducePay’s online platform allows produce buyers and sellers to manage shipments in real-time and unlock the value of shipments faster than under traditional payment arrangements.
  • Website
    http://www.producepay.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company has also been adding more features, like a marketplace for connecting growers and distributors.
  • M&A Terms
  • Venture Investor
    Menlo Ventures
  • Venture Investor
    Arena Ventures
  • Venture Investor
    Social Leverage
  • Venture Investor
    CoVenture
  • Venture Investor
    Red Bear Angels

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