Carter Malloy wanted to build a platform for people to buy and sell farmland, so he created AcreTrader. Since launching in 2019, the Fayetteville farmland investing service has placed more than $300 million into more than 100 farms in 15 states and Australia. It has blossomed with a staff of about 100 employees.
“Our vision is that buying land becomes common, transparent and easy,” said Malloy, who was born in Stuttgart and raised in Little Rock. “My family was in farming, and so I spent a lot of my childhood out on the farm.”
Malloy earned a degree in physics from the University of Arkansas. Before starting AcreTrader, Malloy worked for the investment banking firm Stephens Inc. of Little Rock, where he spent time as a managing director of research. He stayed there for about seven years, focusing on internet and data analytics companies. Malloy later moved to San Francisco to work for an investment firm before returning to Arkansas.
Away from AcreTrader, Malloy is on the advisory board of Fayetteville’s Signature Bank of Arkansas and the executive committee of the Northwest Arkansas Council, the nonprofit working to improve northwest Arkansas.