Key Takeaways
- Growers Edge, a fintech company serving the agricultural industry, has acquired FarmTest, a platform for automated field performance testing
- FarmTest founder Nick Cizek will join Growers Edge as Vice President of Innovation Operations
- The acquisition builds on Growers Edge’s earlier moves, including acquiring Agcor and launching the Crop Plan Warranty
- The platform enhances field-level data collection for product validation and improves warranty-backed financial tools
- The company aims to integrate agronomic data with fintech solutions to improve profitability and reduce risk across agriculture
Growers Edge Expands Agronomic Capabilities with FarmTest Acquisition
Growers Edge, a U.S.-based provider of financial and data tools tailored to the agricultural sector, announced the acquisition of FarmTest, a field trial automation platform used by commercial farms to validate input performance. The move further strengthens the company’s position at the intersection of agriculture and fintech by integrating automated, field-level agronomic data collection into its financial products.
Nick Cizek, the founder and CEO of FarmTest, will join Growers Edge as Vice President of Innovation Operations.
Building a Fintech-Agronomic Platform
The acquisition of FarmTest follows Growers Edge’s late-2024 acquisition of Agcor, an ag lending software provider, and its expansion of the Crop Plan Warranty product, which now covers over 1 million acres. In April 2025, the company closed a $25 million funding round to support further growth.
CEO Matt Hansen stated that the addition of FarmTest “adds powerful, field-level performance validation capabilities” to Growers Edge’s platform. “We’re the only company developing new financial tools backed by this level of agronomic data,” he noted, emphasizing the company’s vision of creating a fully connected fintech solution for agriculture.
Field-Level Validation for Warranty Products
The integration of FarmTest allows for the execution of randomized strip and plot trials, providing agricultural retailers and manufacturers with streamlined tools to test crop inputs under real-world conditions. These data insights feed into the company’s warranty products, enhancing their accuracy and credibility.
“FarmTest solidifies the foundation of our warranty products by enhancing how we script, execute, and analyze field trials,” said Ahraz Husain, Chief Innovation Officer at Growers Edge.
Cizek added that FarmTest’s platform enables trials across multiple crops and equipment setups: “We’ll continue to scale accessible, outcome-based agriculture solutions that reduce risk for farmers, retailers, and manufacturers.”
Growers Edge’s Crop Plan Warranty
The Crop Plan Warranty, a signature product from Growers Edge, provides downside protection linked to specific agronomic practices and inputs. It can be attached to a single product or a bundle, offering protection to growers in case of underperformance. The product is used by hundreds of growers and multiple top-ten agricultural retailers across over 1 million acres of U.S. farmland.
With the addition of FarmTest, Growers Edge aims to bolster the data-driven foundation of its fintech offerings, supporting both agronomic and financial decision-making within the agriculture industry.
Growers Edge
Growers Edge partners with agricultural retailers and manufacturers to support the adoption of innovative practices through financial tools. Their offerings include crop plan warranties, input financing, farm mortgage processing, and land valuation reports through the RangeAg platform.
The company’s solutions are designed to reduce risk and improve profitability for both growers and partners. The company’s programs have been applied across over one million acres of cropland. In addition to its financial services, the company emphasizes a team-oriented culture with various employee benefits and work-life balance initiatives.
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