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Serra Ventures Invests in Tillable Series A


Champaign, IL; Chicago, IL – WEBWIRE

CHAMPAIGN, June 1, 2019 -- Serra Ventures, a Champaign-based venture capital firm, is pleased to announce that it has made an investment in Tillable. Tillable is an easy-to-use online marketplace helps landowners and farmers determine fair rent for farmland, helping both sides connect on an efficient, convenient and secure online platform.
 
“We are happy to add Tillable to our exciting AgTech portfolio for several reasons,” said Serra Ventures Managing Partner Rob Schultz. “First, we are thrilled to back Tillableco-founder Corbett Kull for a second time. He was the co-founder of 640 Labs, which successfully sold to The Climate Corporation. Second, Tillable serves a need that we see firsthandhere in Champaign County, the heart of Tillable’s target market. With a strong agriculture network the Serra team will be able to add value to Tillable well beyond our capital.”
 
“We are excited to add Serra Ventures as an investor in our Series A round,” said Tillable co-founder and CEO Corbett Kull. “Serra has a great track record in the AgTech space and I know from direct experience that the firm actsas a true partner thatwill work hard to help make Tillable a success.”
With Tillable, landowners can optimize the financial return on their land, gain visibility into how their acreage is used, and identify growers who will act as responsible stewards for their properties’ long-term viability. Tillable helps farmers expand operations with a convenient platform for screening farmland based on factors such as acreage,soil type and location.

In addition to connecting landowners and farmers, Tillable brings much-needed efficiency and reliability to the farmland rental market. Tillable helps owners secure multiple offers for farmland rental, captures data on land and farmer performance, and streamlines administration through standardized online leases and digital payments.
 
About Tillable:

Tillable is the first true online marketplace for the $32 billion U.S. farmland rental market, optimizing returns for landowners and helping farmers access land to expand operations. For more information, call 833.845.5225 or visit www.tillable.com.
 
About Serra Ventures:

Serra Ventures is an early stage venture capital firm investing in technology companies in emerging Midwest technology centers and selected other geographies in under-served west coast markets. Sectors of focus include information technology, devices/instrumentation and agricultural technologies. The profile of an ideal startup is one that has just finished an accelerator program, an Innovation-Corps program or has been through a round of seed funding to establish and prove a strong product-market fit. 

Serra Ventures is headquartered in the University of Illinois Research Park in Champaign, Illinois, and has satellite offices located in San Diego, California and Chicago, Illinois. The Serra team comprises former technology CEOs who bring real-word insight and experience to the executive teams of Serra’s portfolio companies. For more information, visit www.serraventures.com.
 



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