Fayetteville, AR — Endeavor concluded the 24th Virtual International Selection Panel (ISP) with the selection of 12 new high-impact entrepreneurs representing 8 companies from 40 markets around the world, including Northwest Arkansas’ AcreTrader entrepreneurs, Carter Malloy And Garrott McClintock.
AcreTrader democratizes the process of selling and investing in farmland. Over the last 20 years, United States farmland has offered average returns of 12.24%. The company is an investing platform that allows accredited investors to purchase shares of U.S. farmland in minutes online. It also provides numerous solutions to farm owners looking to connect with capital providers. With a recently closed $40M Series B, AcreTrader seeks to double headcount and quadruple topline revenue.
Commenting on their selection into the global network, AcreTrader Founder, Carter Malloy said, “Getting to know the Endeavor network through the selection process has already given us invaluable insight and expertise. We’re excited to work with Endeavor more closely and get to know some of the other entrepreneurs in the network.”
AcreTrader COO Garrott McClintock said, “As we continue to expand our business, I’m especially excited to have the global perspective that Endeavor can provide.”
The ISP is the final phase of a multi-step rigorous selection process, where candidates pitch their companies to top international business leaders and investors from the Endeavor network, making those obtaining a unanimous vote officially Endeavor Entrepreneurs. Once selected into the network by a team of global panelists, entrepreneurs gain access to a wide array of services that will enable them to scale their businesses and multiply their impact.
Endeavor Board Member Todd Simmons added, “We are delighted that Carter and Garrott have been chosen as Endeavor Entrepreneurs. It is well-deserved recognition for all they have accomplished so far – and all that is to come.”
“AcreTrader is on their way to becoming the de facto marketplace for identifying, valuing, investing, and transacting in farmland,” added Endeavor’s Managing Director, Canem Arkan. “We’re thrilled to have Carter Malloy and Garrott McClintock join the Endeavor Global network and lead AcreTrader into the next phase of high-impact growth.”