In North Dakota, Bushel announced a $7 million private investment to accelerate its patent-pending digital platform for the grain industry. Launched in June 2017, Bushel has expanded its footprint from ten pilot locations in North Dakota to more than 400+ elevator and ethanol plant locations throughout the U.S. and Canada. More than 20,000 growers have access to Bushel-powered apps today.
“This investment will allow us to continue the acceleration of Bushel’s product roadmap, while continuing to onboard and serve grain facilities on the Bushel platform,” said Jake Joraanstad, Bushel CEO and co-founder. “Our vision for Bushel is to be the number one digital platform for the grain industry that strengthens, and makes more efficient, the relationship between grain buyers and growers.”
Bushel incorporates a spectrum of technologies that allow fragmented systems to better interact, a secure cloud-based infrastructure, an API to scale for an expanding ecosystem and best-in-class communication capabilities.