Company

Traction Ag Inc.

Founded in 2022 and based in Indiana, US, Traction Ag, LLC, operates as a provider of farm accounting software that enables users to lessen their data entry.

About

Founded in 2022 and based in Indiana, US, Traction Ag, LLC, operates as a provider of farm accounting software that enables users to lessen their data entry. In August 2022, Traction Ag, Inc., raised USD 2 million in seed funding from investors Allos Ventures, Elevate Ventures, and Hageman Group. In April 2022, Traction Ag Inc. raised USD 3.44 million in series A funding led by Cooperative Ventures, with participation from Plymouth Growth. The company offers a digital platform that provides various farm accounting solutions, including tracking field operation costs, monitoring crop and supply inventories, auto-generating field profitability reports, managing soil fertility, and many more. The company also provides technical support services over the phone, by text, and on-demand. The company generates revenue by selling various annual packs that vary as Basic (USD 950), Plus (USD 1900), and Pro (USD 2850). The company plans to use the August 2022 funding to improve its business product offerings.

2Funding rounds

3Investors

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