Leaf Raises $13M Series B to bring AI to Agribusiness
- Companies need clean, structured data to reap the benefits of AI. Leaf unifies, cleans, and structures farmer-owned data from disparate systems including machinery, soil labs, weather stations, satellites, and farm management software.
- In a year where US farm income is projected to fall for the 4th straight year, Leaf's platform is helping crop insurers pay out claims in days instead of months — putting capital back in farmers' hands when they need it most.
- With fertilizer costs spiking 25%+ amid
Iran war supply disruptions, Agtech companies and Ag retailers rely on Leaf's platform to develop their precise seed and chemical application rates — reducing waste and saving farmers money on every input dollar.
- Today Leaf processes data covering 20% of global crop acres annually, positioning it as the connective tissue for AI-driven agriculture at a time when the sector is under unprecedented cost pressure.
Today, Leaf Agriculture announces a
Most acres are now digitized, and data drives more profitable operations for farmers, retailers and dealers, crop insurance companies, seed & chemical companies, and more.
But as adoption of digital technology rapidly ramps up in agriculture, so has the complexity of disconnected systems and data. One key limitation to the growth of these new tools is that the devices collecting the data all operate in their own incompatible siloed ecosystems storing information like farm boundaries, product names, and agronomic practices in different databases, proprietary file formats, and calibrations. This lack of alignment limits companies and farmers from using their data for decisions across pre-planning, planting, growing, harvesting and selling their crops.
Leaf occupies the same infrastructure layer in agriculture that Stripe does in payments or Plaid in banking — invisible to end users but mission-critical for the companies building on top of farm data.
Since 2021, Leaf has worked with leaders in agriculture to help farmers benefit from the data collected in their fields and processes data from over 20% of the global acres in the world annually. The farmer might not know that Leaf exists, but the impact of its platform benefits the farmer in a number of ways, for instance:
- Leaf's crop insurance partners enable farmers to get claim payouts in days instead of months allowing them to better prepare for the next season
- Leaf's agriculture retail partners are able to give farmers statistically significant field-specific seed and chemical outcome models helping them advocate and bring the best products to farmers
- Leaf's compliance and sustainability partners can give farmers new revenue opportunities and save farmers hundreds of hours each year previously spent manually entering data
In today's extremely challenging farm economy, Leaf's services are in demand more than ever by major ag retailers, input companies, crop insurers, food processors, and commodity traders as they push to optimize their operations and embrace the power of AI. As the world's leading agricultural data company and with the support of industry leaders, Leaf is in the rare position to catapult the agricultural sector into a new era of AI-enabled efficiency that will benefit farmers, agriculture companies, and consumers.
"Digital tools are transforming how farmers use our seeds and crop protection products, with platforms like FieldView leading the way," said Dr.
"From day one, Leaf has been about pushing Agriculture into the future. Better data has always led to better decisions, and now AI is magnifying the advantage for companies who use Leaf to manage, clean, and organize their data. Having strategic investors like Leaps by Bayer alongside us propels us forward and allows us to help more companies and farmers realize the power of their data."
About Leaf Agriculture
Founded in 2021, Leaf provides food and agricultural companies tools to connect and analyze their farm data including Machine, Soil, Weather, Imagery, and Farm Management data. Companies collectively managing billions of acres choose Leaf to manage their data infrastructure so they can focus on servicing their customers, bringing new products to market, controlling their cloud spend, and building the future of the food & agriculture business. For more information about Leaf, please visit www.withleaf.io.
About Leaps by Bayer
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to drive sustainable development and generate a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2020, the Group employed around 100,000 people and had sales of 41.4 billion euros. R&D expenses before special items amounted to 4.9 billion euros. For more information, go to www.bayer.com.
Leaps by Bayer, a unit of Bayer AG, leads impact investments into solutions to some of today's biggest challenges in health and agriculture. The investment portfolio includes more than 50 companies. They are all working on potentially breakthrough technologies to overcome some specific challenges such as providing sustainable organ & tissue replacement, reducing the environmental impact of agriculture, preventing, or curing cancer, and others. For more information, go to leaps.bayer.com.
For Media Inquiries:
Kira Peikoff
Deputy Director of Communications, Leaps by Bayer
[email protected]
973.791.3348
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SOURCE Leaf International Corp
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