Transaction Overview
- Represented LandTrust in connection with its Series A funding, raised from a consortium of investors.
- LandTrust is the trusted outdoor recreation network connecting agricultural landowners to additional income from outdoor enthusiasts seeking land access for recreation activities.
- Its easy-to-use online platform presents agricultural producers the opportunity to develop a new income stream and grants outdoor recreators the ability to book previously inaccessible experiences, all while keeping the landowner completely in control.
Key Observations
- Proceeds from the transaction were used to bolster the team, accelerate the scaling of high-quality farm and ranch property listings, and to expand into new markets.
Drivers of Interest
- Distinctive two-sided marketplace garnered significant commercial traction and customer validation as a reliable partner for agricultural landowners seeking new revenue opportunities, and outdoor enthusiasts in search of premier outdoor recreation experiences.
- As of December 2022, LandTrust provides access to over 270 individual farm and ranch property listings and one million acres of private land that can be booked for outdoor recreation activities, including hunting, fishing, bird watching, and agritourism.
- 99% of landowners and 93% of guests have rated their trip experience with LandTrust as 5-out-of-5 stars.
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