SweetAg has raised $7.4M in a funding round backed by Diagram Ventures, Builders VC, and Cooperative Ventures. The company provides digital loan origination and servicing technology for modern agricultural lenders.

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SweetAg has raised $7.4M in a funding round backed by Diagram Ventures, Builders VC, and Cooperative Ventures. The company provides digital loan origination and servicing technology for modern agricultural lenders.
Agriculture runs on credit. Seed, inputs, equipment and land all move on borrowed money, and the underwriting behind that credit still leans on document collection over email, into legacy systems never designed for land parcels, livestock records, equipment inventories and production histories.
Which is why a modest funding story caught our attention: AgFunderNews reported on September 7 that SweetAg, a Boulder company building loan origination software for agricultural lenders, raised $7.4 million from investors including Diagram Ventures, Builders VC and Cooperative Ventures. Every hour a lender spends chasing paperwork gets priced, one way or another, into the cost of capital a farm

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