Growers Edge, Midwestern BioAg to deliver warranty-backed challenge to growers

Date:04-05-2021

Growers Edge, a provider of data-driven financial technology (fintech) solutions for the agricultural industry, announced a partnership with Midwestern BioAg (MBA) to provide growers with an innovative, warranty-backed agronomic offer.

"We're confident the Midwestern BioAg Challenge will allow growers to see the potential of our proven products while providing peace of mind and confidence as they make decisions to use our products in their fields," said Michael Birger, CEO of MBA. "Our partnership will open doors for growers to adopt new technologies that will help boost yields, increase profitability, and improve soil health."

Growers Edge partners with agricultural input suppliers and retailers across the U.S. to deliver grower-relevant solutions to meet the industry's ever-changing demands. In 2020, the company closed a $40 million Series B round of financing that will help speed the introduction of warranty-backed crop plans and deploy the company's new end-to-end agricultural lending platform.

"The MBA Challenge is an exciting opportunity to bring a new approach to the ag industry with a warranty-backed offer tailored to meet the needs of Midwestern BioAg and their growers," said Tracy Linbo, Chief Commercial Officer of Growers Edge. "An offer like this helps growers manage the risk involved with new technologies, without limiting the upside potential for them when yields exceed expectations."