AgriBusiness Funding Round

Ambrook Raises $29M to Expand Financial Infrastructure for Agriculture and Beyond

Ambrook announces $29M in funding, including a $26.1M Series A led by Thrive Capital and Field Ventures

Key Takeaways

  • Ambrook announces $29M in funding, including a $26.1M Series A led by Thrive Capital and Field Ventures
  • Customers have spent and managed over $1.6 billion through the Ambrook platform.
  • New capital will accelerate AI-native financial tools, deepen ag-focused workflows, and expand Ambrook Pay
  • Ambrook aims to support independent businesses with modern accounting, payments, and cash management
  • Mission-aligned with empowering rural America through better financial clarity and local capital retention

Ambrook Secures Series A to Scale Financial Tools Built for Modern Agriculture

Ambrook, a financial software platform designed for the complexities of modern agriculture, has announced a $29 million fundraising round, including a $26.1 million Series A led by Thrive Capital and Field Ventures. Continued participation came from existing investors Homebrew Capital, Designer Fund, BoxGroup, Mischief, Not Boring, and others.

The announcement, shared by CEO and Co-Founder Mackenzie Burnett, reflects the company’s growing momentum since its founding three years ago. “Thousands of producers are using Ambrook to make better financial decisions, grow their operations, and invest more confidently in their land,” Burnett stated.


Real Impact Across American Farms and Ranches

Ambrook’s tools are already in use by over 2,500 operations in all 50 U.S. states. From cattle ranchers in the Mountain West to grain and beef producers in Maryland, farmers report cutting bookkeeping time in half, accessing better loan terms, and making more confident land management decisions.

The platform has facilitated the management of $1.6 billion in transactions and saved an estimated 75,000 hours of administrative work. Customers cite reduced anxiety, improved clarity, and increased optimism about their financial futures.

One rancher described the change as “like a ship with a hole that’s finally been patched.” Another customer credited a conversation with Ambrook’s team as the moment that led them and their partner to decide to get married.


Funding to Fuel Product Expansion and AI Integration

With this latest capital, Ambrook plans to expand its product suite to support even more complex agricultural operations. The roadmap includes multi-entity reporting, inventory management, integrated payroll, and new connections to industry tools like POS systems and livestock management software.

The company will also scale its AI-native architecture to improve functions like receipt management, anomaly detection, and automated categorization. Ambrook’s AI strategy is rooted in quietly improving back-end tasks to bring financial clarity without additional user complexity.

“We believe the best use of AI for our customers is to do the quiet things right,” wrote Burnett.


Ambrook Pay and Local Capital Retention

Ambrook’s fintech features are central to its mission of empowering independent businesses. With Ambrook Pay, the company offers instant, fee-free B2B payments, automated reconciliation, and tools to improve cash flow. Earlier this year, Ambrook also launched 1% APY on Wallet balances, helping keep customer capital working locally.

This integration of payments and accounting positions Ambrook to serve as both a financial operations platform and a capital infrastructure layer for rural America.


Ambrook’s Mission Rooted in Independence and Optimism

As Ambrook scales, its core vision remains focused on supporting small, independent businesses—starting in agriculture and expanding outward. “We still believe in the American Dream,” Burnett affirmed. “And we’re here to build for the people living it.”

administrator
As a dedicated journalist and entrepreneur, I helm iGrow News, a pioneering media platform focused on the evolving landscape of Agriculture Technology. With a deep-seated passion for uncovering the latest developments and trends within the agtech sector, my mission is to deliver insightful, unbiased news and analysis. Through iGrow News, I aim to empower industry professionals, enthusiasts, and the broader public with knowledge and understanding of technological advancements that shape modern agriculture. You can follow me on LinkedIn & Twitter.

Leave a Reply