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ProducePay valuation, funding and investors

ProducePay works in fresh produce supply chain financing, based in Los Angeles, United States. Founded in 2014, it has about 187 employees.

VALUATION · TODAY
$1.44B −5% after Growth
Range $1.01B – $2.05B · Grade B
TODAY
+12 MO
$500M
$1.00B
$1.50B
$2.00B
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Seed $2.50M
Series B $14.0M
Series C $43.0M
Series D $38.0M
Growth $140M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY187 employees
−19%6m growth
−24%1y growth
−33%2y growth
200
400
Data from Jan 2021
TODAY
Predicted in 1 yr $1.37B −5% vs today
Predicted next raise $142M if a round comes
Winding-down probability 97%
Last round
Growth · $140M · Sep 2026
Valuation at last round
$1.44B · implied
Headcount
187 · down
Grade
B
Founded
2014
How VCMC values companies →

ProducePay valuation today

VCMC values ProducePay at $1.4B today, with a range of $1.0B to $2.0B and a grade of B. The valuation starts from its last funding round, a growth round in Sep 2026.

Valuation by date (160 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

ProducePay: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2014$6.36M$2.32M – $17.5M$6.67M (+5%)before first round–unknownD0%
1 Feb 2014$6.39M$2.32M – $17.5M$6.69M (+5%)before first round–unknownD0%
1 Mar 2014$6.41M$2.33M – $17.6M$6.72M (+5%)before first round–unknownD0%
1 Apr 2014$6.43M$2.34M – $17.7M$6.74M (+5%)before first round–unknownD0%
1 May 2014$6.46M$2.35M – $17.7M$6.77M (+5%)before first round–unknownD0%
1 Jun 2014$6.48M$2.36M – $17.8M$6.80M (+5%)before first round–unknownD0%
1 Jul 2014$6.51M$2.37M – $17.9M$6.82M (+5%)before first round–unknownD0%
1 Aug 2014$6.54M$2.38M – $18.0M$6.85M (+5%)before first round–unknownD0%
1 Sep 2014$6.56M$2.39M – $18.0M$6.88M (+5%)before first round–unknownD0%
1 Oct 2014$6.59M$2.40M – $18.1M$6.90M (+5%)before first round–unknownD0%
1 Nov 2014$6.61M$2.41M – $18.2M$6.93M (+5%)before first round–unknownD0%
1 Dec 2014$6.64M$2.42M – $18.2M$6.96M (+5%)before first round–unknownD0%
1 Jan 2015$6.67M$2.43M – $18.3M$6.98M (+5%)before first round–unknownD0%
1 Feb 2015$6.69M$2.44M – $18.4M$7.01M (+5%)before first round–unknownD0%
1 Mar 2015$6.72M$2.44M – $18.4M$7.04M (+5%)before first round–unknownD0%
1 Apr 2015$6.74M$2.45M – $18.5M$7.07M (+5%)before first round–unknownD0%
1 May 2015$6.77M$2.46M – $18.6M$7.09M (+5%)before first round–unknownD0%
1 Jun 2015$6.80M$2.47M – $18.7M$7.12M (+5%)before first round–unknownD0%
1 Jul 2015$6.82M$2.48M – $18.7M$7.15M (+5%)before first round–unknownD0%
1 Aug 2015$6.85M$2.49M – $18.8M$7.33M (+7%)before first round–unknownD0%
1 Sep 2015$6.88M$2.50M – $18.9M$7.53M (+10%)before first round–unknownD0%
1 Oct 2015$6.90M$2.51M – $19.0M$7.73M (+12%)before first round–unknownD0%
1 Nov 2015$6.93M$2.52M – $19.0M$7.94M (+15%)before first round–unknownD0%
1 Dec 2015$6.96M$2.53M – $19.1M$8.15M (+17%)before first round–unknownD0%
1 Jan 2016$6.98M$2.54M – $19.2M$8.37M (+20%)before first round–unknownD0%
1 Feb 2016$7.01M$2.55M – $19.3M$8.60M (+23%)before first round–unknownD0%
1 Mar 2016$7.04M$2.56M – $19.3M$8.82M (+25%)before first round–unknownD0%
1 Apr 2016$7.07M$2.57M – $19.4M$9.06M (+28%)before first round–unknownD0%
1 May 2016$7.09M$2.58M – $19.5M$9.29M (+31%)before first round–unknownD0%
1 Jun 2016$7.12M$2.59M – $19.6M$9.55M (+34%)before first round–unknownD0%
30 Jun 2016$10.0M$6.57M – $30.4M$20.0M (+100%)after a round–unknownC0%
1 Jul 2016$10.0M$6.57M – $30.4M$20.0M (+99%)after a round–unknownC0%
1 Aug 2016$10.6M$6.57M – $30.4M$20.0M (+88%)after a round–unknownC0%
1 Sep 2016$11.3M$6.57M – $30.4M$20.0M (+77%)after a round–unknownC0%
1 Oct 2016$12.0M$6.57M – $30.4M$20.0M (+67%)after a round–unknownC0%
1 Nov 2016$12.7M$6.57M – $30.4M$20.0M (+58%)after a round–unknownC0%
1 Dec 2016$13.4M$6.57M – $30.4M$20.0M (+49%)after a round–unknownC0%
1 Jan 2017$14.2M$6.57M – $30.4M$20.0M (+41%)after a round–unknownC0%
1 Feb 2017$15.1M$6.57M – $30.4M$20.0M (+32%)after a round–unknownC0%
1 Mar 2017$15.9M$6.57M – $30.4M$20.0M (+26%)after a round–unknownC0%
1 Apr 2017$16.9M$6.57M – $30.4M$20.0M (+18%)after a round–unknownC0%
1 May 2017$17.9M$6.57M – $30.4M$20.0M (+12%)after a round–unknownC0%
1 Jun 2017$19.0M$6.57M – $30.4M$20.0M (+6%)after a round–unknownC0%
1 Jul 2017$20.0M$6.55M – $30.4M$20.0M (0%)after a round–unknownC0%
1 Aug 2017$20.0M$6.23M – $30.4M$20.0M (0%)after a round–unknownC0%
1 Sep 2017$20.0M$5.92M – $30.4M$20.0M (0%)after a round–unknownC0%
1 Oct 2017$20.0M$5.63M – $30.4M$20.0M (0%)after a round–unknownC0%
1 Nov 2017$20.0M$5.35M – $30.4M$20.0M (0%)after a round–unknownC0%
1 Dec 2017$20.0M$5.10M – $30.4M$20.0M (0%)after a round–unknownC0%
1 Jan 2018$20.0M$4.84M – $30.4M$20.0M (0%)after a round–unknownC0%
1 Feb 2018$20.0M$4.60M – $30.4M$20.0M (0%)after a round–unknownC0%
1 Mar 2018$20.0M$4.40M – $30.4M$20.0M (0%)after a round–unknownC0%
1 Apr 2018$20.0M$4.18M – $30.4M$20.0M (0%)after a round–unknownC0%
1 May 2018$20.0M$3.98M – $30.4M$20.0M (0%)after a round–unknownD0%
1 Jun 2018$20.0M$3.78M – $30.4M$20.0M (0%)after a round–unknownD0%
1 Jul 2018$20.0M$3.60M – $30.4M$20.0M (0%)after a round–unknownD0%
1 Aug 2018$20.0M$3.42M – $30.4M$20.0M (0%)after a round–unknownD0%
1 Sep 2018$20.0M$3.25M – $30.4M$20.0M (0%)after a round–unknownD0%
1 Oct 2018$20.0M$3.09M – $30.4M$20.0M (0%)after a round–unknownD0%
19 Oct 2018$85.6M$60.3M – $182M$128M (+50%)after a round–unknownB0%
1 Nov 2018$86.8M$60.3M – $182M$128M (+48%)after a round–unknownB0%
1 Dec 2018$89.8M$60.3M – $182M$128M (+43%)after a round–unknownB0%
1 Jan 2019$92.9M$60.3M – $182M$128M (+38%)after a round–unknownB0%
1 Feb 2019$96.2M$60.3M – $182M$128M (+33%)after a round–unknownB0%
1 Mar 2019$99.2M$60.3M – $182M$128M (+29%)after a round–unknownB0%
1 Apr 2019$103M$60.3M – $182M$128M (+25%)after a round–unknownB0%
1 May 2019$106M$60.3M – $182M$128M (+21%)after a round–unknownB0%
1 Jun 2019$110M$60.3M – $182M$128M (+17%)after a round–unknownB0%
1 Jul 2019$114M$60.3M – $182M$128M (+13%)after a round–unknownB0%
1 Aug 2019$118M$60.3M – $182M$128M (+9%)after a round–unknownB0%
1 Sep 2019$122M$60.3M – $182M$128M (+5%)after a round–unknownB0%
1 Oct 2019$126M$60.3M – $182M$128M (+2%)after a round–unknownB0%
1 Nov 2019$128M$59.1M – $182M$128M (0%)after a round–unknownB0%
1 Dec 2019$128M$56.6M – $182M$128M (0%)after a round–unknownB0%
1 Jan 2020$128M$54.2M – $182M$128M (0%)after a round–unknownC0%
1 Feb 2020$128M$51.8M – $182M$128M (0%)after a round–unknownC0%
1 Mar 2020$128M$49.7M – $182M$128M (0%)after a round–unknownC0%
1 Apr 2020$128M$47.6M – $182M$128M (0%)after a round–unknownC0%
1 May 2020$128M$45.6M – $182M$128M (0%)after a round–unknownC0%
1 Jun 2020$128M$43.6M – $182M$128M (0%)after a round–unknownC0%
1 Jul 2020$128M$41.8M – $182M$128M (0%)after a round–unknownC0%
1 Aug 2020$128M$40.0M – $182M$128M (0%)after a round–unknownC0%
1 Sep 2020$128M$38.2M – $182M$128M (0%)after a round–unknownC0%
1 Oct 2020$128M$36.6M – $182M$128M (0%)after a round–unknownC0%
1 Nov 2020$128M$32.3M – $182M$128M (0%)after a round–unknownC0%
1 Dec 2020$128M$30.7M – $182M$128M (0%)after a round–unknownC0%
1 Jan 2021$128M$29.2M – $182M$128M (0%)after a round67unknownC0%
1 Feb 2021$128M$27.8M – $182M$128M (0%)after a round67unknownC0%
1 Mar 2021$128M$26.5M – $182M$128M (0%)after a round67unknownC0%
1 Apr 2021$128M$25.2M – $182M$123M (-4%)after a round67flatC0%
1 May 2021$128M$24.0M – $182M$122M (-5%)after a round67flatD0%
21 May 2021$362M$255M – $668M$471M (+30%)after a round67flatB0%
1 Jun 2021$365M$255M – $668M$471M (+29%)after a round67flatB0%
1 Jul 2021$373M$255M – $668M$471M (+26%)after a round67flatB0%
1 Aug 2021$382M$255M – $668M$471M (+23%)after a round67flatB0%
1 Sep 2021$390M$255M – $668M$471M (+21%)after a round67flatB0%
1 Oct 2021$399M$255M – $668M$471M (+18%)after a round67flatB0%
1 Nov 2021$408M$255M – $668M$471M (+15%)after a round67flatB0%
1 Dec 2021$416M$255M – $668M$471M (+13%)after a round67flatB0%
1 Jan 2022$426M$255M – $668M$471M (+11%)after a round67flatB0%
1 Feb 2022$435M$255M – $668M$471M (+8%)after a round67flatB0%
1 Mar 2022$444M$255M – $668M$471M (+6%)after a round67flatB0%
1 Apr 2022$548M$317M – $830M$585M (+7%)after a round180growingB0%
1 May 2022$570M$317M – $830M$585M (+3%)after a round180growingB0%
1 Jun 2022$585M$318M – $830M$585M (0%)after a round180growingB0%
1 Jul 2022$585M$320M – $830M$585M (0%)after a round180growingB0%
1 Aug 2022$585M$321M – $830M$585M (0%)after a round180growingB0%
1 Sep 2022$585M$323M – $830M$585M (0%)after a round180growingB0%
1 Oct 2022$585M$325M – $830M$585M (0%)after a round180growingB0%
1 Nov 2022$585M$248M – $830M$585M (0%)after a round180unknownC0%
1 Dec 2022$585M$237M – $830M$585M (0%)after a round180unknownC0%
1 Jan 2023$605M$302M – $859M$605M (0%)after a round210upB0%
1 Feb 2023$605M$299M – $859M$605M (0%)after a round210upB0%
1 Mar 2023$605M$296M – $859M$605M (0%)after a round210upB0%
1 Apr 2023$605M$292M – $859M$605M (0%)after a round210upB0%
1 May 2023$605M$289M – $859M$605M (0%)after a round210upB0%
1 Jun 2023$605M$260M – $859M$604M (0%)after a round210upB0%
1 Jul 2023$605M$256M – $859M$602M (-1%)after a round210upC0%
1 Aug 2023$605M$251M – $859M$599M (-1%)after a round210upC0%
1 Sep 2023$605M$246M – $859M$597M (-1%)after a round210upC0%
1 Oct 2023$645M$357M – $915M$645M (0%)after a round280growingB0%
1 Nov 2023$645M$253M – $915M$644M (0%)after a round280upC0%
1 Dec 2023$645M$248M – $915M$643M (0%)after a round280upC0%
1 Jan 2024$645M$243M – $915M$643M (0%)after a round280upC0%
1 Feb 2024$645M$239M – $915M$643M (0%)after a round280upC0%
6 Feb 2024$482M$340M – $889M$627M (+30%)after a round280upB0%
1 Mar 2024$491M$340M – $889M$627M (+28%)after a round320growingB0%
1 Apr 2024$502M$340M – $889M$627M (+25%)after a round320growingB0%
1 May 2024$513M$340M – $889M$627M (+22%)after a round320growingB0%
1 Jun 2024$524M$340M – $889M$627M (+20%)after a round320growingB0%
1 Jul 2024$536M$340M – $889M$627M (+17%)after a round320growingB0%
1 Aug 2024$540M$330M – $863M$608M (+13%)after a round280flatB0%
1 Sep 2024$551M$330M – $863M$608M (+10%)after a round280flatB0%
1 Oct 2024$561M$330M – $863M$608M (+8%)after a round280flatB0%
1 Nov 2024$552M$330M – $824M$561M (+2%)after a round280flatB18%
1 Dec 2024$561M$330M – $824M$559M (0%)after a round280flatB18%
1 Jan 2025$570M$330M – $824M$556M (-2%)after a round280flatB18%
1 Feb 2025$580M$330M – $824M$554M (-4%)after a round280flatB18%
1 Mar 2025$579M$318M – $825M$549M (-5%)after a round280flatB18%
1 Apr 2025$576M$303M – $827M$546M (-5%)after a round280flatB18%
1 May 2025$484M$286M – $733M$389M (-20%)after a round280downB71%
1 Jun 2025$476M$272M – $739M$382M (-20%)after a round280downB71%
1 Jul 2025$469M$259M – $744M$376M (-20%)after a round280downB71%
1 Aug 2025$405M$239M – $692M$298M (-26%)after a round246downB97%
1 Sep 2025$396M$227M – $700M$291M (-27%)after a round246downB97%
1 Oct 2025$401M$217M – $717M$301M (-25%)after a round246downB89%
1 Nov 2025$374M$203M – $704M$273M (-27%)after a round230downC97%
1 Dec 2025$366M$193M – $712M$267M (-27%)after a round230downC97%
1 Jan 2026$359M$183M – $719M$260M (-27%)after a round230downC97%
1 Feb 2026$351M$174M – $727M$254M (-28%)after a round230downC97%
1 Mar 2026$334M$167M – $736M$225M (-33%)after a round230downC96%
1 Apr 2026$326M$158M – $743M$218M (-33%)after a round230downC96%
1 May 2026$254M$146M – $571M$151M (-40%)after a round201shrinkingC97%
1 Jun 2026$299M$139M – $736M$196M (-35%)after a round201downC97%
1 Jul 2026$292M$132M – $744M$189M (-35%)after a round201downC97%
1 Aug 2026$285M$126M – $752M$183M (-36%)after a round201downC97%
1 Sep 2026$1.4B$1.0B – $2.0B$1.4B (0%)after a round201downB97%
2 Sep 2026$1.4B$1.0B – $2.0B$1.4B (0%)after a round201downB97%
1 Oct 2026$1.4B$1.0B – $2.0B$1.4B (-3%)after a round187downB97%
24 Oct 2026$1.4B$1.0B – $2.0B$1.4B (-5%)after a round187downB97%

Key facts about ProducePay

Founded
2014
Headquarters
Los Angeles, United States
Employees
about 187 -19% in a year
Total raised
$520M
Funding rounds
7
Last round
Growth Equity Sep 2026

ProducePay was founded in 2014 by Benjamin Dusastre and Pablo Borquez Schwarzbeck.

ProducePay funding history

ProducePay has 7 funding rounds on record, from Jun 2016 to Sep 2026, $520M in total. None disclosed a valuation.

  1. Growth Equity 1 Sep 2026

    Led by Avenue Capital Group, Astanor; with AgAide, Thiele Capital Management, Millennium Capital.

    Sources: producepay.com, fruitgrowersnews.com, agfundernews.com and 1 more

    $140M

  2. Series D 5 Feb 2024

    Led by Syngenta Group Ventures; with Commonfund, Highgate Private Equity, CF Private Equity, G2 Venture Partners, Anterra, Astanor, Endeavor8, Avenue Capital Group, Red Bear Angels.

    Sources: producepay.com, fruitnet.com, pymnts.com and 4 more

    $38M

  3. Series C 20 May 2021

    Led by G2 Venture Partners, International Finance Corporation, IDB Invest; with Anterra, Co Ventures, Astanor, IGNIA, Finistere Ventures.

    Sources: producepay.com, ftpartners.com, globenewswire.com and 3 more

    $43M

  4. Debt 10 Dec 2019no round page

    With Treville Capital Group, TCM Capital.

    Sources: agfundernews.com, techcrunch.com

    $205M

  5. Series B 18 Oct 2018

    Led by Anterra Capital; with Rabo Investments, Treville Capital Group, Social Leverage, FJ Labs, Greenhouse Capital, Moonshot Capital, Tribeca Angels.

    Sources: producepay.com, producepay.com, finsmes.com and 1 more

    $14M

  6. Debt 14 Mar 2017no round page

    Led by Treville Capital Group; with Menlo Ventures, Arena Ventures, Red Bear Angels, Social Leverage.

    Sources: techcrunch.com, andnowuknow.com, agfundernews.com and 1 more

    $77M

  7. Seed 29 Jun 2016

    With Menlo Ventures, Arena Ventures, Treville Capital Group, Red Bear Angels, Social Leverage.

    Sources: qgdigitalpublishing.com, techcrunch.com, agfundernews.com

    $2.5M

ProducePay investors

29 investors have backed ProducePay; Treville Capital Group, Astanor and Avenue Capital Group and 5 more led at least one round.

  • Anterra Capital lead
  • International Finance Corporation lead
  • Syngenta Group Ventures lead
  • Arena Ventures 2 rounds
  • Menlo Ventures 2 rounds
  • AgAide
  • Commonfund
  • Finistere Ventures
  • FJ Labs
  • Highgate Private Equity
  • Millennium Capital
  • TCM Capital
  • Thiele Capital Management
  • Tribeca Angels

What ProducePay does

ProducePay works in financial services, with 11 recorded offerings and customers in agriculture and food and beverage.

Produce Pay Inc., known as ProducePay, is an American company engaged in providing capital, trading networks, and data-driven insights to the fresh produce industry. The company offers services such as pre-season financing, quick-pay, and supply chain visibility, supporting growers, marketers, and retailers in establishing predictable supply chains and achieving sustainable growth. ProducePay operates a digital platform that facilitates strategic sourcing, capital support, and end-to-end visibility, and serves clients in over 20 countries.

Description from Veridion's company data.

Products and services

  • Fresh Produce Supply Chain Financing
  • Fresh Produce Trading Network Development
  • Fresh Produce Data-Driven Insights Services
  • Strategic Partnership Development Services
  • Supply Chain Visibility Solutions
  • Strategic Sourcing Services
  • Food Waste Reduction Solutions
  • Sustainable Supply Chain Consulting
  • End-to-End Supply Chain Digital Platform Services
  • Capital Support Services for Fresh Produce Industry
  • Sustainable Growth Enablement Services for Fresh Produce Industry

Markets

  • Agriculture
  • Food and Beverage

Business model

  • Business-to-Business
  • Service Provider
  • Software-as-a-Service

Industry codes (NAICS)

  • 522299 International, Secondary Market, and All Other Nondepository Credit Intermediation 50% match
  • 518210 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services 30% match
  • 425120 Wholesale Trade Agents and Brokers 20% match

Questions about ProducePay

What is ProducePay worth?

Valuation $1.4B (range $1.0B to $2.0B), as of 24 Oct 2026.

Has ProducePay raised money?

ProducePay has 7 funding rounds on record, from Jun 2016 to Sep 2026, $520M in total. None disclosed a valuation.

Who has invested in ProducePay?

Treville Capital Group, Astanor, Avenue Capital Group, G2 Venture Partners, Anterra Capital and IDB Invest, and 23 more. Lead investors include Treville Capital Group, Astanor, Avenue Capital Group and G2 Venture Partners.

How many people work at ProducePay?

About 187, down 19% over the last year. Headcount rose from 67 in Jan 2021 to 320 in Mar 2024, then fell to 187 in Sep 2026.

What does ProducePay do?

ProducePay works in financial services, with 11 recorded offerings and customers in agriculture and food and beverage. Its main offerings are fresh produce supply chain financing, fresh produce trading network development and fresh produce data-driven insights services.

When was ProducePay founded, and where is it based?

ProducePay was founded in 2014 and is based in Los Angeles, United States. It has about 187 employees, down 19% over the last year.