Iroquois Valley Farmland REIT, PBC
Raising nowOperatingReal Estate · Roanoke, IN
Iroquois Valley Farmland REIT buys farmland and leases it to farm operators, and also makes mortgage loans and operating lines of credit to farmers. It earns rent and interest from its tenants and borrowers, and aims to diversify by geography, crop type and farmer.
This company has an open fundraising round.
Financials
FY2017–FY2025 · from SEC filings · hover any figure for its sourceChart shows the most recent 8 fiscal years; 1 earlier year is in the table below.
Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Pre-money — the valuation set before each round’s money came inDotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.
Share price over rounds
“Today's shares” restates every price in the share terms current now, so a price before a split or an LLC→corporation conversion is divided by that event's ratio (each event is cited on the round page). Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.
Cap table
Share counts as of May 12, 2026| Class | Outstanding | Votes / share | Share of total | Last price |
|---|---|---|---|---|
| Common Stock | 1,119,827 | — | 100.0% | $108.06Jun 2025 |
Shares outstanding over timein today's share terms
Changes in named holdersshares in today's terms · % of all shares at the time
- SPARTA24 LTD79K (8.85%) Apr 2022 → 79K (8.24%) Apr 2023 → 192 (0.02%) May 2023 → 79K (8.24%) May 2023 → 79K (7.88%) Apr 2024 → 24 (0%) May 2024 → 79K (7.88%) Jul 2024 → 79K (7.22%) Jun 2025 → 80K (7.12%) Apr 2026
- Arnold Lau4K (0.53%) May 2021 → 3K (0.29%) Jun 2025 → 4K (0.35%) May 2026
- Dr. Stephen Rivard16K (2.16%) May 2021 → 14K (1.54%) May 2022 → 14K (1.44%) May 2023 → 14K (1.38%) May 2024 → 14K (1.27%) Jun 2025 → 14K (1.26%) May 2026
- Ingrid Dyott1K (0.1%) May 2024 → 3K (0.27%) Jun 2025 → 3K (0.3%) May 2026
- Joseph Mantoan200 (0.03%) May 2021 → 260 (0.03%) May 2024 → 331 (0.03%) Jun 2025 → 374 (0.03%) May 2026
- Olivia Watkins58 (0.01%) May 2024 → 130 (0.01%) Jun 2025 → 174 (0.02%) May 2026
- Peterffy Foundation64K (8.59%) May 2021 → 65K (7.27%) Apr 2022 → 65K (7.27%) May 2022 → 65K (6.79%) Apr 2023 → 65K (6.5%) Apr 2024 → 65K (6.5%) May 2024 → 65K (5.95%) Apr 2025 → 66K (5.96%) Jun 2025 → 66K (5.88%) Apr 2026
- Peterffy Foundation Christopher Upzen64K (12.0%) Mar 2019 → 64K (8.59%) May 2021 → 65K (7.27%) May 2022 → 65K (6.79%) May 2023 → 65K (6.5%) May 2024 → 66K (5.96%) Jun 2025 → 66K (5.88%) May 2026
- Chistopher Zuehlsdorff944 (0.09%) Jun 2025 → 982 (0.09%) May 2026
- Donna Holmes240 (0.02%) May 2023 → 708 (0.07%) May 2024 → 709 (0.06%) Jun 2025 → 712 (0.06%) May 2026
- Dorothy Burlin272 (0.04%) May 2021 → 280 (0.03%) May 2023 → 278 (0.03%) May 2024 → 780 (0.07%) Jun 2025 → 826 (0.07%) May 2026
- Dr. Anna Jones-Crabtree136 (0.02%) May 2022 → 197 (0.02%) May 2024 → 130 (0.01%) Jun 2025 → 313 (0.03%) May 2026
- David Miller12K (1.54%) May 2021 → 11K (1.23%) May 2022 → 10K (1.08%) May 2023 → 7K (0.66%) May 2024
- Andy Ambriole200 (0.02%) May 2023 → 55 (0.01%) May 2024
Principal holders% as the filing states it, May 12, 2026
- SPARTA24 LTD79,747 Common Stock6.96%of
- SPARTA24 Common Stock6.96%of company
- Peterffy Foundation Christopher Upzen65,797 Common Stock5.74%of company
- Peterffy Foundation65,797 Common Stock5.74%of
- Dr. Stephen Rivard14,094 Common Stock1.24%of company
- Arnold Lau3,932 Common Stock0.34%of company
- Ingrid Dyott3,351 Common Stock0.29%of company
- Chistopher Zuehlsdorff982 Common Stock0.09%of company
- Dorothy Burlin826 Common Stock0.07%of company
- Donna Holmes712 Common Stock0.06%of company
- Jeffery Anderson413 Common Stock0.04%of company
- Joseph Mantoan374 Common Stock0.03%of company
- Dr. Anna Jones-Crabtree313 Common Stock0.03%of company
- Olivia Watkins174 Common Stock0.02%of company
Sold to the crowd
- Reg A+ · Nov 2018469,208 shares at $78.25 in today's terms · sold as 58,651 Common at $626.00; since then a 8-for-1 split (Oct 2023)$36.7M
- Reg A+ · May 2022361,232 shares at $85.75 in today's terms · sold as 45,154 Common Stock at $686.00; since then a 8-for-1 split (Oct 2023)$31M
From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.
Fundraising history
Team
9 peopleNames and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.
SEC filings
View all 110 filings on EDGAR- Form 1-SASep 30, 20260001683168-26-007503EDGAR
- Form 253G2Sep 9, 20260001683168-26-007033EDGAR
- Form 1-USep 9, 20260001683168-26-007031EDGAR
- Form 253G2Aug 17, 20260001683168-26-006535EDGAR
- Form 253G2Jun 17, 20260001683168-26-004907EDGAR
- Form QUALIFJun 3, 20269999999994-26-000113EDGAR
- Form 1-UMay 28, 20260001683168-26-004331EDGAR
- Form 1-A POSMay 12, 20260001683168-26-003734EDGAR
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.