AcreTrader announced that it has expanded its $40 million Series B funding to over $60 million following an investment from Columbus, Ohio-based venture capital firm Drive Capital. The funding round follows AcreTrader's oversubscribed Series B round announced earlier this year to fund the company's continued growth.

AcreTrader empowers its customers to buy and sell land smarter through advanced technology, data, and expertise. Since its founding in 2018, AcreTrader has broadened access to buy, sell, and invest in land for thousands of investors, farmers, and landowners across the U.S.