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AgVend — Seed II
Funded Fund: StoryHouse Fund I  ·  SH Check: $200K  ·  Valuation: $50M  ·  Closed: 2022-06-24
Dossier generated 2026-06-03 by /deal-dossier  ·  Deal record: rec8ItoghIxjyrhlk  ·  Source: Airtable appjxAR3LPe3fkHOp

One-Liner & Thesis

The leading provider of digital enablement solutions that transform the way agribusinesses operate and engage with customers. Our white-labeled information and commerce portals are designed to strengthen the relationship between the ag distribution channel and their grower-customers.

Series B Round (Tidemark Cap) 2025: $10M in primary on a $130M valuation and ~$25M in secondary on a $120M valuation. $5.1796 share price Initially a warehoused investment held by Jack Bird. Original investment was in the form of a SAFE on 12/1/2021. SH committed $200K, via StoryHouse Fund I, at a $50M valuation, in a $2.6M round, alongside Tidemark Capital, 8VC, Green Bay, Tuesday Capital, Precursor Ventures.

Deal Box

Round Size
$2.6M
Valuation / Cap
$50M
Co-Investors
Tidemark Capital, 8VC, Green Bay, Tuesday Capital, Precursor Ventures
SH Check
$200K
Fund
StoryHouse Fund I
Funding Round
Seed II
SH Investment Date
2022-06-24

Company Snapshot

Sector
Agriculture, E-commerce
Location
Bay Area, California
Headcount
21
Year Founded
2017-08-01
Total Raised
$62.6M
Website
agvend.com
Status
Private

Founders

Eli Rosenberg
Eli Rosenberg at AgVend.
Alexander Reichert
Founder and CEO of AgVend, building the leading digital commerce and engagement infrastructure for agricultural distributors; focused on modernizing the ag supply chain by bringing enterprise software to a historically relationship-driven, offline industry

Latest Meeting Notes

2024-11-10 — Call

RAW NOTES: \- Raw notes \- Board is Reichert, Eli, and Drew \- Vision has been to provide anything to a farmer, and digitize them and put them on a common operating system \- They have put a network of folks, have a CRM, marketing automation, and experience for customers; whitelabeled experience \-...

Source: Meeting Notes recO5JKnlVuYaXsYH