AcreShield, a Des Moines, IA-based developer of Yield Optimizer™, raised more than $2.5M in Series A funding.
The round was led by Vertical Ventures with participation from InnoVenture Iowa.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Billy Rose, AcreShield, DBA of OptimalAg Solutions Inc., is a farmer-focused company helping farmers mitigate their financial risk by increasing yields using Yield Optimizer. The company provides an AI seed selection with seed performance guarantees and drives customer satisfaction with increased yield confidence.
Commenting on the news, Billy Rose said: “The Yield Gap is a serious farmer challenge, which is why we created and built AcreShield to solve this billion-dollar opportunity with AI-powered smarter seed selection for greater yields. We do this by managing our own independent seed trials, which provide unbiased data sets that feed our AI Yield Optimizer. The net result is that farmers have better yield and financial performance, which is so needed with today’s low commodity prices. We’re solving a large farmer problem – the ‘Yield Gap,’ by demystifying smarter seed selection with financial protection.”
