Chase Crandall represents a sixth-generation rancher adapting to current technology while managing ranch land settled in the 1850s. Ranchers prioritize cost-efficiency, focusing on effective running of operations. Ambrook, an accounting software founded in 2021, serves the unique financial needs of farms, which often operate with thin margins and multiple revenue lines. This software provides necessary support where general-purpose tools like QuickBooks fall short. Ambrook has successfully raised $26.1 million in Series A funding to bolster its development in the agricultural sector.
Ambrook was built expressly with American agriculture and industry in mind, filling a gap that existing software like QuickBooks leaves on the table.
Farms are in this delta where they are unusually complex for their size and revenue profile. The mom and pop shops are generally doing pretty thin margins.
Ranchers are fairly cheap and careful about spending money. We try to be as low-cost and run as efficiently as possible.
Most farms have to vertically integrate in order to just make the margin profiles work. They deal with multiple revenue lines.
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