ProducePay Picks Up $43M In Series C

Los Angeles-based ProducePay, a fintech startup which offers up pricing information, analytics, and a marketplace connecting produce growers and distributors, has raised $43M in its Series C funding. The funding was led by G2VP, with co-lead IFC (International Finance Corp.) and IDB Invest (Inter-American Development Bank Group), and also included Anterra Capital, Coventure and new investors Astanor Ventures, IGNIA, and Finistere. The company says the new round brings its total raised to over $300M, including both equity and debt. ProducePay offers up grower financing, market pricing and analytics information, and a marketplace which connects produce growers, distributors, and suppliers.