Bushel

Bushel is an agricultural commerce and data platform connecting grain farmers, grain elevators, agricultural lenders, and input retailers in a digital ecosystem for grain marketing, financing, and supply transactions. Founded in 2018 by Jake Joraanstad in Fargo, North Dakota, Bushel has raised approximately $45 million and serves the US grain industry — providing farmers with a mobile app to view grain bids, manage grain contracts, and connect with their elevator and lender partners, while giving elevators and lenders a platform to interact digitally with their farmer customers.\n\nBushel's Farmer App provides grain farmers with real-time bid monitoring from multiple elevators, mobile grain contract management, position summaries, and field-level crop tracking. On the business side, Bushel for Elevators (white-labeled for grain elevators) enables elevator companies to engage their farmer customers digitally — pushing targeted bids to mobile devices, receiving online contract requests, and reducing phone-based trading activity. Bushel for Lenders enables agricultural lenders to provide farmers with loan management and financial insights.\n\nIn 2025, Bushel competes in the agricultural technology market against Farmers Business Network (FBN), Beck's Hybrids digital tools, and general farm management platforms for digital grain marketing and agri-finance connectivity. The US grain marketing market processes hundreds of billions in annual grain transactions, and Bushel's network of connected elevators and farmers creates a valuable data and transaction platform. The 2025 strategy focuses on growing the network of connected elevators (expanding beyond the Midwest to cover more US grain production regions), adding additional transaction types (input procurement, crop insurance), and building data products from the aggregated grain transaction and crop data.