Ag Tech Startup FarmLogs Nets $1M in Seed Funding
26th February 2013
What FarmLogs offers is a one-stop farm management destination loaded with features such as profit forecasting, risk management, expense and crop tracking, and even weather monitoring. “FarmLogs helps farmers plan their year to maximize profit and track what they’re spending during the year,” says co-founder Jesse Vollmar. “We have the tools and do the math to see what the profit per acre will be, which helps with forward contracting and how much risk a farmer is willing to take.”
Vollmar, the son of organic farmers, grew up in the thumb of Michigan in the tiny town of Caro. He was always much more into software than seeds, he explains, so he and his co-founder, Brad Koch, started a business in high school helping people in the community build websites. “It became a real business,” Vollmar recalls. “We went from building websites to building custom software.”