AgFunder’s first live investment opportunity on their investment crowdfunding platform, OnFarm is on it’s way to success. OnFarm has now reached $705,000 in investor commitments, exceeding their original target goal of $400,000 in just over 30 days. The round is capped at $800,000, and will close the earlier of 7-days or $800,000 in total investor commitments.
OnFarm is a SaaS big data company for agriculture. The company is a venture backed and integrates remote sensing device and cloud data streams into a mobile platform for farmers to make actionable management decisions on the farm. OnFarm is an early mover in the agriculture big-data space, which Monsanto estimates will grow to $20 billion by the year 2020.
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