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Farmers, landowners join CashRent's seed round to level farmland rental playing field


Photo by Dan Roizer
If you want to rent some farmland, there’s no use looking at Craigslist or scouring the back pages of a local paper. In most agrarian circles, rentals happen on a word-of-mouth basis, at the local coffee spot, or because the owner went to high school with your grandfather’s best friend. CashRent is hoping to not only update this process, but also make the prices fairer, too.
The Illinois start-up has just closed a $750,000 seed round led by farmers and landowners from its home state and neighboring Iowa. The new funding will be used to expand its services into more Midwestern states throughout 2021 while also bringing on full-time staff and partnering with local land brokers to create a farm rental ecosystem.

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