growth · Climate technology

Ashgrove AgTech

Variable-rate input software for row-crop farms.

Active HQ Des Moines, IA United States Year entered 2023
Fund
Pelham Growth Fund III
Strategy
Growth equity
Employees
72
Revenue (illustrative)
$14M

Investment thesis

Ashgrove builds software that helps row-crop farms apply fertilizer, seed, and chemistry at variable rates across each field. The product is used on more than four million acres of US farmland.

“Pelham understood the channel. They helped us land our first two co-op partners.”
Colton Reese Founder and Chief Executive, Ashgrove AgTech

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