Continuum Ag announced the initial closing of its Series A investment round June 13, which was led by Omaha-based venture capital firm Grit Road with additional investment from ISA Ventures, Ag Ventures Alliance and SVG Thrive. Continuum has also secured Propel funding through the Iowa Economic Development Authority. The new capital will be used to build out the sales and marketing teams, and continue to launch new features to the TopSoil software platform.
“I’m honored to have the support of such great venture capital groups,” says Continuum Ag founder, CEO and 7th generation farmer Mitchell Hora. “I never originally intended to raise venture capital and scale a global software company. We’ve been able to navigate emerging opportunities and team with the right players to help us accomplish our goals and help family farms profit from improved soil health.”
Continuum recently hosted its 5th annual summer event, rebranded to the TopSoil Summit this year. The summit, hosted in Riverside, Iowa, featured 250 guests from more than 15 states and 3 countries. Key announcements from the summit include:
• Unveiling of the Carbon Intensity Tool. Carbon intensity is quickly becoming the hottest new topic in the sustainable ag space, and Continuum is poised to lead the charge helping farmers quantify, improve, verify and monetize their carbon intensity score.
• New advisors including Rick Clark, Dave Hansaker and Dave Stamp
“Carbon intensity has me freaking out,” Hora says. “Farmers and biofuel companies can work together to massively boost new revenues and increase the adoption of soil health systems, such as cover crops.”