What Loco Lab Llc does

LoCo Lab, LLC is a privately held, Colorado-based technology company founded in 2022 by Megan Matousek. The company builds Web3.0 blockchain-based supply chain systems focused on transparency, accountability, and equitable ownership for underserved participants. Its core product, Farmer-First Verify, is a track-and-trace platform that records conservation practices as immutable, verifiable records and supports a user-friendly interface for timely, automated payments. The system targets small-to-medium farmers and local content creators who lack visibility and financial capture within traditional supply chains.

The company's most material commercial anchor is its role as the technology partner in a $50 million USDA-funded grant administered through Oregon State University to develop climate-smart potato markets in the Pacific Northwest, in collaboration with farmers and Native American tribes. LoCo Lab has built a supporting partner ecosystem that includes the Global Hemp Innovation Center, AgBiz Logic, Way Too Digital, The Soil Health Institute, and LoCo+ (a sister content-creator streaming platform sharing the founder). The disclosed team is small — four named individuals covering executive, sales, project management, and project coordination functions.

The business model is not publicly disclosed: no pricing model, no revenue figures, and no external funding rounds are reported. Revenue mechanics, if any, appear to be tied to grant-funded development work and to potential future SaaS or licensing arrangements around the Farmer-First Verify platform, rather than to a documented go-to-market motion or named commercial customers.

Name

Loco Lab Llc

Legal name

Loco Lab, LLC

Website

https://locolabco.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

LoCo Lab, LLC is a Colorado-based Web3.0 blockchain company, founded in 2022, that builds track-and-trace supply chain systems for small-to-medium farmers and local content creators. Its core product, Farmer-First Verify, provides immutable conservation-practice verification and automated payments, anchored by a $50M USDA grant partnership through Oregon State University.

Ownership category

akta.pro rank

Product category

Agricultural Supply Chain Blockchain Software

SIC

Agricultural Services (700), Services-Testing Laboratories (8734)

akta.pro primary industry

Blockchain/Digital Traceability Validation & Data Integrity Audits (AFALAGAF)

akta.pro secondary industries

End-to-End Traceability System Verification (Farm-to-Fork) (AFALAGAA), Sustainability/Ethical Sourcing Claim Verification (RSPO, Rainforest, Fairtrade) (AFALAGAJ), Supply Chain Traceability & Farm-to-Fork Data Systems (AFAAAFAJ)

Keywords

• Blockchain supply chain
• Track and trace
• Agricultural traceability
• Farmer verification
• Supply chain transparency

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales

Core offering

LoCo Lab builds a Web3.0 blockchain-based track-and-trace platform called Farmer-First Verify that transparently enters and records the use of conservation practices in agricultural supply chains, providing immutable verification and certification while supporting timely automated payments to farmers. The company also develops supply chain systems intended to empower small-medium farmers and local content creators with ownership in their supply chains.

Product overview

LoCo Lab is a unified product company built around a single core offering: Farmer-First Verify. This Web3.0 blockchain-based track-and-trace platform provides verifiable, immutable online records for tracking and validating conservation practices in agricultural supply chains, with support for automated payments. The company develops supply chain systems that empower local content creators and small-medium size farmers with ownership in their supply chain.

Differentiator

Problem solved

Functional benefit

Brands

• Farmer-First Verify: A track-and-trace Web3.0 blockchain technology that transparently enters and records the use of conservation practices, providing verification and Farmer-First certification for farmers and agricultural supply chains.

Products and services

• Farmer-First Verify A track-and-trace Web3.0 blockchain technology that transparently enters and records the use of conservation practices, providing verification and Farmer-First certification for farmers and agricultural supply chain participants. It provides a verifiable, immutable online record for tracking and validating data while offering a user-friendly interface that supports timely automated payments.

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• Oregon State UniversitycoreStrategic or Co-development Partner · 1 January 2024LoCo Lab is the technology partner in a $50 million grant funded by the United States Department of Agriculture through Oregon State University to develop new markets for potatoes in the Pacific Northwest. The collaboration involves farmers and Native American tribes on practices that can enhance soil health.
• LoCo+minorStrategic or Co-development PartnerSpecial thanks to LoCo+ as a partner. LoCo+ is a localized streaming platform for independent content creators, sharing founder Megan Matousek with LoCo Lab.
• The Global Hemp Innovation CenterminorStrategic or Co-development PartnerListed as a special thanks partner, part of the Oregon State University agricultural innovation ecosystem.
• AgBiz LogicminorStrategic or Co-development PartnerListed as a special thanks partner, providing agricultural business logic solutions.
• The Soil Health InstituteminorStrategic or Co-development PartnerListed as a special thanks partner, focused on soil health research and implementation.

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Market position

Competitive moat3 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Loco Lab Llc