ProducePay Raises $38 Million to Improve Predictability and Transparency Across the Global Fresh Produce Supply Chain

February 8, 2024 ProducePay

ProducePay, the agtech company recognized as one of Fast Company’s Most Innovative Companies and the World Economic Forum’s newest Unicorn Innovators for its transformational work strengthening the fresh produce supply chain, today announced $38 million in Series D financing. The round was led by Syngenta Group Ventures, the venture capital arm of Syngenta Group, one of the world’s biggest agricultural technology companies that delivers science-driven innovations to help farmers all over the world ensure food security and address climate change.

Majority of Produce Stakeholders Say Weather Unpredictability and Input Costs are Negatively Impacting Business Worse Than Last Year

October 16, 2023 ProducePay

ProducePay, the agtech company on a mission to transform the global fresh produce industry into a more predictable, connected and sustainable supply chain, today released findings of an industry-wide survey that explored business stability for produce stakeholders, including growers, packers, distributors, integrated suppliers, and end buyers in the United States and Latin America.

ProducePay Recognized by Inc. 5000 as One of the Fastest Growing Companies in America

August 18, 2023 ProducePay

The prestigious ranking provides a data-driven analysis of companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. ProducePay joins the likes of Facebook, Chobani, Under Armour, Microsoft, Patagonia, and other household name brands that gained early national exposure as honorees on the Inc. 5000. 

ProducePay and Four Star Fruit Partner on Industry-First Direct-to-Retail Fresh Produce Supply Chain Program for U.S. Grocers

July 14, 2023 ProducePay

ProducePay, the marketplace transforming the global produce industry into a more connected and sustainable supply chain, and Four Star Fruit, one of the largest growers and shippers of table grapes, today launched the fresh produce industry’s first-of-its-kind direct-to-retail supply chain program. Leveraging the ProducePay platform and Four Star Fruit’s extensive expertise in table grapes, this transformative initiative helps U.S. national retailers solve two of its greatest challenges – how to meet year-round demand for high quality fresh produce while also keeping prices stable for consumers.

ProducePay Quick-Pay Financing Solution Now Supports Shipments from Latin America to the E.U.

May 17, 2023 ProducePay

ProducePay, the marketplace transforming the global produce industry into a more connected and sustainable supply chain, today announced the expansion of its Quick-Pay solution to now support trade with buyers in Europe via ocean freight from Latin America.