Harvest Returns, an agriculture investment platform, says it has hit a major milestone of $10 million raised in private placement agricultural offerings.
Chief Operating Officer, Austin Maness, says now that Harvest Returns has shown the agriculture community that there are like-minded investors around the world business owners will further embrace online equity crowdfunding as an avenue to much-needed capital.
Harvest says that over 20 farms and ranches have raised capital so far.
“Achieving this objective during global pandemic answers numerous questions for us at Harvest Returns,” adds Maness. “The obvious takeaway is that investors seeking quality, private equity offerings in the agriculture space do exist and are ready to passively participate. The critical answer to ‘are there quality ag deals out there’ is a resounding yes.”
Harvest Chief Executive Officer, Chris Rawley, adds:
“Though this represents a major milestone for the company, it is just the beginning of our work towards helping more farmers and investors,” said Rawley. “We’ll be launching some exciting new agricultural investment products this year, expanding our ability to fund more projects.”
Harvest Returns reports that it has distributed over $1.8M in returns to platform investors since 2016. The company claims a community of over 6,000 investors and 900 farmers, ranchers, and agribusinesses.