Company Profile

FarmAfield Labs LLC
Profile last edited on: 12/29/22      CAGE: 87RG9      UEI: RSJGT7R8A3S3

Business Identifier: Bringing investors and farmers together enabling investors actually to take ownership in real farm assets
Year Founded
2018
First Award
2019
Latest Award
2021
Program Status
Active
Popularity Index
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Location Information

601 Danville Drive
Lincoln, NE 68510
   (217) 390-1761
   N/A
   www.farmafield.com
Location: Single
Congr. District: 01
County: Lancaster

Public Profile

Employing a very different model to farm capitalization, FarmAfield pairs investors with farmers requiring capital to startup or expand. Through production contracts with the farmer/ranncher, Investors own real farm assets: livestock, crop yields, equipment. Starting with cattle feeding - matching investors with feedlots - a business already used to outside investors - Framafield is moving to other space: ranching, row crops, and specialty ventures e.g. organics - what would appear to be a particularly attractive area of interest. Offering useful ROI to those involved, Farmafeild makes money from investors through a 1% procurement fee and a modest percentage fee on net proceeds. FarmAfield plans to enable additional marketing opportunities by allowing producers to sell beef or other products directly to their farm partners.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
5-9
Revenue Range
.5M-1M
VC funded?
No
Public/Private
Privately Held
Stock Info
----
IP Holdings
N/A

Awards Distribution by Agency

Most Recent SBIR Projects

Key People / Management

  Neil Hines -- Chief Operating Officer

  Mitchell Minarick -- Founder

  Chris Cirone -- Data Analytics

  Andrew Minarick -- Co-Founder and Head of Product Development

  Curt Tomasevicz -- Software Development & Machine Learning

  Sid Verma -- Statistics & Data Visualizations