Funding round
Farmers Business Network Series F
Farmers Business Network, which works in farmer marketplace retail in San Francisco, raised $250M in a Series F round announced on 3 Aug 2020, led by BlackRock. 5 firms took part. It is Farmers Business Network's sixth venture round on record; the one before was a Series E in Jan 2019.
$250M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
Farmers Business Network did not disclose a valuation in this round. It came 19 months after Farmers Business Network's Series E. It is 26% of the $951M Farmers Business Network has raised in the venture rounds on record. Farmers Business Network raised again 15 months later: a Series G round of $300M in Nov 2021, at $4.00B post-money.
Farmers Business Network's funding rounds
Farmers Business Network has 8 venture rounds on record. This one is highlighted.
- Series A 1 Apr 2014 $5.6M
- Series B 9 Aug 2016, led by Acre Venture Partners $20M
- Series C 7 Mar 2017, led by GV and DBL Partners $40M
- Series D 30 Nov 2017, led by T. Rowe Price and Temasek $110M
- Series E 1 Jan 2019 $175M
- Series F this round 3 Aug 2020, led by BlackRock $250M
- Series G 19 Nov 2021, led by Fidelity Management & Research Company $300M$4.00B post-money
- Growth 28 Jul 2025 $50M
Investors
Who put money in
BlackRock led the round with 4 other firms.
Lead investor
- BlackRock new investor
Also in the round
- Baron Capital Group new investor
- Balyasny Asset Management LP new investor
- Mandi Ventures new investor
- Lupa Systems new investor
Comparable rounds
How it compares
The closest in time: Series F rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Indigo Ag Chemicals | 4 Aug 2020 | $360M | $3.50B | Alaska Permanent Fund Corporation and Flagship Pioneering |
| BYJU'S Learning, Tutoring & Courses | 27 Aug 2020 | $122M | $10.00B | not named |
| Tech Companies | 25 Aug 2020 | $100M | $1.00B | Bain Capital Ventures and Technology Crossover Ventures |
| Learning, Tutoring & Courses | 2 Sep 2020 | $150M | $1.45B | SoftBank |
| Tech Companies | 14 Jul 2020 | $120M | $1.92B | Salesforce Ventures |
| Medical Supply Manufacturers | 18 Sep 2020 | $106M | not disclosed | General Catalyst and Drive Capital |
| Olive Tech Companies | 18 Sep 2020 | $106M | not disclosed | General Catalyst and Drive Capital |
| Seismic Tech Companies | 29 Sep 2020 | $92M | $1.60B | Permira |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Farmers Business Network raise in its Series F round?
Farmers Business Network raised $250M in its Series F round, announced in Aug 2020.
Who led Farmers Business Network's Series F round?
BlackRock led it, with Baron Capital Group, Balyasny Asset Management LP, Mandi Ventures and Lupa Systems.
What was Farmers Business Network's valuation at the Series F round?
It was not disclosed.
Did Farmers Business Network raise again after this round?
Yes: a Series G round in Nov 2021 of $300M at $4.00B post-money.