FBN joined the Unicorn Club on November 18, 2021, after raising a $300 million Series G funding round led by Fidelity Investments, which valued the company at $4 billion. Headquartered in San Carlos, California, United States, FBN provides a farmers' networking platform that offers data science-driven agronomic insights about fields, farm inputs, and helps farmers sell their crops. The company has raised $978 million to date and employs 62 people (as of December 2015).
Keep reading to learn how FBN is helping farmers optimize operations with its innovative platform.
What Is FBN and What Does It Do?
Founded in 2014, FBN provides a networking platform for farmers that combines data science with agronomy to help optimize crop production. The platform provides real-time insights into field performance, offering tools for managing farm inputs, including seeds, fertilizers, and equipment, while also connecting farmers to a marketplace for selling their crops.
By leveraging big data and analytics, FBN aims to improve farm productivity and profitability, while also enhancing transparency and access to the agricultural supply chain.
How Much Funding Has FBN Raised?
- Series G
- Amount Raised: $300M
- Date: July 28, 2025
- Lead Investor: Fidelity Investments
- Valuation: $4B
- Purpose: Expand the platform’s offerings, increase market penetration, and enhance agronomic tools for farmers.
Total Funding Raised: $978M
Latest Funding Date: July 28, 2025
Latest Valuation: $4B
Employee Count: 62 (as of December 31, 2015)
Key Investors
- Fidelity Investments
- Details: A multinational financial services corporation known for managing investments and offering wealth management solutions.
- Focus Areas: Fintech, ag-tech, and alternative lending.
- T. Rowe Price
- Details: A global investment management firm that provides a broad range of investment solutions.
- Focus Areas: Equity, fixed income, and alternative investments.
Where Is FBN’s Headquarters?
FBN is headquartered in San Carlos, California, United States. The company operates globally, connecting farmers with data-driven solutions and a marketplace for agricultural products, improving efficiencies in farm management.
What’s Next for FBN?
FBN aims to further expand its platform, enhancing its agronomic insights and tools while increasing adoption among farmers globally. The company is focused on refining its data analytics capabilities and extending its offerings to serve more regions. With the latest funding round, FBN is set to accelerate growth, scale operations, and continue making strides in the ag-tech space, aiming to improve both farm productivity and farmer profitability.
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