AcreTrader, the Fayetteville company that allows investors to buy a fraction of a farm instead of the entire property, announced that it has now funded 100 farms.
The company hit that milestone last month with the full subscription of Prairie Green Farm, a corn and soybean farm in Iroquois County, Illinois.
"This tenant was highly motivated to stay on the land, and we were able to work with him to adapt his lease to achieve a beneficial outcome for both him and our investors," the company said in a news release.
The company has now funded more than 26,000 acres worth of farmland in 17 states and Australia. Those acres represent around 30 commodity types including corn, soybeans, apples, wine grapes, olives and more.
Many of these farms are USDA certified organic or moving toward certification, according to the company.
"We’re proud to provide investors with opportunities to diversify their portfolios and make farmland investing more common, transparent, and easy through our platform," CEO Carter Malloy said. "I’m excited to celebrate this landmark with our team and keep working hard to benefit our farmers and investors."
