ProducePay - About the company
ProducePay is a series D company based in Los Angeles (United States), founded in 2014 by Benjamin Dusastre and Pablo Borquez Schwarzbeck. It operates as a Provider of financial and supply chain solutions for the produce industry. ProducePay has raised $104M in funding from investors like Coventure, IFC and Menlo Ventures, with a current valuation of $*****. The company has 31 active competitors, including 10 funded and 1 that has exited. Its top competitors include companies like FBN, Ambrook and FarmRaise.
Company Details
Provider of financial and supply chain solutions for the produce industry. It offers capital, strategic sourcing, and end-to-end visibility. The company provides working capital to scale operations. It also facilitates connections between buyers and sellers. The platform enables real-time data access for informed decision making.
- Website
- producepay.com
- Social
- Email ID
- *****@producepay.com
- Phone Number
- +1 **********
- Registered Address
- 888 W 6TH ST STE 200,LOS ANGELES,CA,90017,0
Key Metrics
Founded Year
2014
Location
Los Angeles, United States
Stage
Series D
Total Funding
$104M in 9 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jul 29, 2025
Ranked
4th among 31 active competitors
Employee Count
188 as on Sep 30, 2026
Legal entities associated with ProducePay
ProducePay is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
PRODUCE PAY INC. CIN: 32061444843 , United States, Active | Aug 31, 2016 | - | - | - |
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ProducePay's funding and investors
ProducePay has raised a total funding of $104M over 9 rounds. Its first funding round was on 2015. Its latest funding round was a Series D round on Feb 05, 2024 for $*****. 8 investors participated in its latest round. ProducePay has 37 institutional investors.
Here is the list of recent funding rounds of ProducePay:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 05, 2024 | 5096939 | Series D | 2099526 | 9144002 | 8201151 | 6477692 |
May 20, 2021 | 7439902 | Series C | 5581665 | 8015621 | 5937158 | |
Dec 10, 2019 | 6046963 | Conventional Debt | 8937660 | 7627314 | 2072396 |
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ProducePay's founders and board of directors
Founder? Claim ProfileThe founders of ProducePay are Benjamin Dusastre and Pablo Borquez Schwarzbeck.
Here are the details of ProducePay's key team members:
- Benjamin Dusastre: Co-Founder & CFO of ProducePay. They serve on the board of 1 company.Contact Info: 1 email address
- Pablo Borquez Schwarzbeck: Co-Founder & CEO of ProducePay. Contact Info: 1 email address and 1 phone number
View details of ProducePay's Founder profiles and Board Members
ProducePay's employee count trend
ProducePay has 188 employees as of Sep 26. Here is ProducePay's employee count trend over the years:
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ProducePay's Competitors and alternates
Top competitors of ProducePay include FBN, Ambrook and FarmRaise. Here is the list of Top 10 competitors of ProducePay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  FBN 2014, San Carlos (United States), Series G | Network of services for farm management, supplies, and financial solutions | $981M | 73/100 | |
2nd |  Ambrook 2021, Denver (United States), Series B | Online lending marketplace for agricultural loans | $29M | 64/100 | |
3rd |  FarmRaise 2013, San Francisco (United States), Seed | Online marketplace for farm loans | $7.2M | 59/100 | |
4th |  ProducePay 2014, Los Angeles (United States), Series D | Provider of financial and supply chain solutions for the produce industry | $104M | 59/100 | |
5th |  Steward 2013, Portland (United States), Series B | Funding regenerative agriculture through community lending for a sustainable food system | $11.5M | 48/100 | |
6th |  Traive 2017, Boston (United States), Series B | Provider of credit risk analysis and agricultural asset management solutions | $50.9M | 44/100 | |
7th |  Central Valley Ag Partners 2017, Newport Beach (United States), Series A | Provider of an online investment platform in agricultural operations | $9.05M | - | 41/100 |
8th |  UfarmX 2019, Columbia (United States), Seed | Provider of a blockchain-based online platform for investing in smallholder farming activities | - | 38/100 | |
9th |  Tingo Group 2001, Montvale (United States), Public | Online platform offering financial technology and agri fintech services | - | - | 37/100 |
10th | Contain 2014, Reno (United States), Seed | Online lending platform for farm loans. | - | 37/100 |
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ProducePay's Investments and acquisitions
ProducePay has made no investments or acquisitions yet.
Reports related to ProducePay
Here is the latest report on ProducePay's sector:
News related to ProducePay
Filter this listMedia has covered ProducePay for a total of 2 events in the last 1 year.
•
ProducePay Secures Over $140M in Equity Round Led by Avenue Capital and AstanorLAVCA•Sep 24, 2026•Avenue Capital Group, ProducePay
•
ProducePay Secures Over $140 Million in Funding to Fuel Global GrowthPerishableNews.com•Sep 04, 2026•Thiele Capital Management, Avenue Capital Group, i80 Group, Millennium Management and 2 others
•
ProducePay Adds Financial Leadership to Drive Global Expansion of its Predictable Commerce Platform and ProgramsPerishableNews.com•Jan 30, 2025•ProducePay
•
ProducePay Partners with MAVRK Capital to Make Global Fresh Produce Commerce More PredictablePerishableNews.com•Jul 11, 2024•ProducePay, MAVRK Capital
•
ProducePay Joins CTA’s ‘The Human Component’ Series, Showcasing Technology’s Impact on Reducing Food WastePerishableNews.com•Jun 06, 2024•ProducePay
•
ProducePay Launches Visibility Solution to Improve Transparency and Reduce Waste in Fresh Produce Supply ChainBusiness Wire•Mar 14, 2024•ProducePay, Maverick Capital
•
Producepay brings together 38 million dollars to improve predictability and transparency in the international fresh product supply chainBusiness Wire•Feb 05, 2024•ProducePay, Syngenta Group, CF Private Equity, G2 Venture Partners and 8 others
•
ProducePay Recognized by Inc. 5000 as One of the Fastest Growing Companies in AmericaPerishableNews.com•Aug 18, 2023•ProducePay
•
Supply Chain Fintech ProducePay, Four Star Fruit to Support Direct-to-Retail Fresh Produce Program for US GrocersCrowdfund Insider•Jul 25, 2023•ProducePay
•
ProducePay Quick-Pay Financing Solution Now Supports Shipments from Latin America to the E.U.PerishableNews.com•May 17, 2023•ProducePay
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