Farmers Business Network vs Google

About

Farmers Business Network (FBN) is a San Carlos, California-based agricultural technology company that operates a data-driven farmer network and marketplace serving independent farmers across North America and Australia. FBN aggregates agronomic and market data from member farms to provide farmers with insights on seed performance, crop protection product efficacy, and input pricing benchmarks that help them make better planting decisions and negotiate better prices. FBN also operates a direct-to-farmer e-commerce marketplace for seeds, crop protection, and fertilizers under its own label, offering prices that undercut traditional distribution channels by eliminating intermediary markups. The company provides crop insurance, grain marketing, and working capital financing to complete the financial services available to FBN member farmers. Founded in 2014, FBN raised over $500M from investors including GV, Temasek, and T. Rowe Price, reaching a valuation above $3B. The company's model challenges the traditional agricultural supply chain by giving farmers data transparency and direct purchasing power previously available only to large agricultural operations.