By Gerelyn Terzo, Global AgInvesting Media
Ambrook, a New York–based agtech startup, has raised $26.1 million in Series A funding to bring modern financial tools to the farm. According to a report in Fortune, the round was led by Thrive Capital and Dylan Field, CEO of Sequoia-backed Figma through Field Ventures, with participation from Homebrew, BoxGroup, Designer Fund, Mischief and Not Boring. The raise brings Ambrook’s total funding to approximately $29 million, following a seed round in early 2021, according to Crunchbase.
Founded in 2021, Ambrook builds accounting and financial management software tailored specifically to farmers and ranchers, a segment that has been lacking for the tailored solutions it needs. Products like QuickBooks struggle with agriculture’s unique challenges, such as vertical integration, government subsidies and the biologically driven lifecycles of crops and livestock, leaving busy farmers with the burden of navigating these complex software solutions on their own time.
That complexity is exactly what Ambrook is tackling. Its platform offers real-time visibility into revenue streams, input costs, crop yields and livestock cycles, all from a single dashboard. The company’s mission is to give farmers the financial clarity and control they need to stay competitive and independent.
“What Ambrook solves for me is time management,” said Chase Crandall, a sixth-generation rancher in Wyoming cited by Fortune. “Everything’s live, and I don’t have to manually update anything. Our margins matter, because there’s so much you can’t control.”
Ambrook CEO and co-founder Mackenzie Burnett emphasized the industry’s need for specialized tools, noting in a Not Boring interview that “cattle and crops have a literal lifecycle — born, growing and dying,” which off-the-shelf software simply doesn’t capture.
The company plans to use its new capital to build out more advanced-tech features, including inventory management, predictive analytics and integrations that support complex agri-supply chains. That could mean tighter margins, smarter planning and increased resilience for producers navigating climate volatility, labor shortages and volatile commodity markets.
Ambrook’s customers range from multi-generational family operations to younger producers taking on financing for the first time. As Paige Wyler, head of customer success at Ambrook, shared on LinkedIn: “What’s surprised me most isn’t that we’ve helped producers understand their profitability… It’s witnessing our customers’ stories, and seeing them get a grant, take the leap on a line of credit, or buy that extra plot of land.”
The funding comes at a pivotal time for U.S. agriculture. Farms are consolidating and scaling, pushing operators to embrace data-driven decision-making. At the same time, pressure from climate change and global instability has highlighted the need for resilient, adaptive tools in rural economies. As Jonathan Coppess, former head of the USDA Farm Service Agency, recently noted, these forces are reshaping the farm sector’s financial landscape.
For Ambrook, the opportunity lies in becoming core infrastructure for an industry undergoing digital transformation. If it can continue delivering farmer-first innovation at scale, it could help redefine how the business of agriculture is managed for the next generation.
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