FarmCrowdy - About the company
FarmCrowdy is a seed company based in Lekki (Nigeria), founded in 2016 by Onyeka Akumah. It operates as an Online platform that allows individuals to invest in small-scale agricultural projects through crowdfunding. FarmCrowdy has raised $2M in funding from investors like Techstars, Cox Enterprises and Right Side Capital Management. The company has 14 active competitors, including 2 that are funded. Its top competitors include companies like Thrive Agric, TracTrac and Farmkart.
Company Details
Online platform that allows individuals to invest in small-scale agricultural projects through crowdfunding. It also provides structured finance services, which involve offering financial products and services tailored to the specific needs of farmers and agricultural projects. It also facilitates the aggregation and sales of agricultural produce by connecting farmers with buyers. By connecting farmers with buyers. It provides farmers with valuable insights and information through the use of data analytics, remote sensing, and other technological tools.
- Website
- farmcrowdy.com
- Email ID
- *****@farmcrowdy.com
Key Metrics
Founded Year
2016
Location
Lekki, Nigeria
Stage
Seed
Total Funding
$2M in 5 rounds
Latest Funding Round
Ranked
2nd among 14 active competitors
Investment & Acquisitions
Sign up to download FarmCrowdy's company profile
FarmCrowdy's funding and investors
FarmCrowdy has raised a total funding of $2M over 5 rounds. Its first funding round was on Oct 27, 2017. Its latest funding round was a Seed round on Mar 21, 2019 for $*****. 2 investors participated in its latest round. FarmCrowdy has 7 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of FarmCrowdy:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 21, 2019 | 3660883 | Seed | 7833590 | 8826380 | 2043839 | 7793846 |
Mar 05, 2019 | 9398735 | Conventional Debt | 9728085 | 3372704 | 8954119 | 3719779 |
Feb 27, 2018 | 3511493 | Grant (prize money) | 4626390 | 8959473 | 9296669 |
View details of FarmCrowdy's funding rounds and investors
FarmCrowdy's founders and board of directors
Founder? Claim ProfileThe founders of FarmCrowdy is Onyeka Akumah.
Here are the details of FarmCrowdy's key team members:
- Onyeka Akumah: Co-Founder & CEO of FarmCrowdy.
View details of FarmCrowdy's Founder profiles and Board Members
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
FarmCrowdy's Competitors and alternates
Top competitors of FarmCrowdy include Thrive Agric, TracTrac and Farmkart. Here is the list of Top 10 competitors of FarmCrowdy, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Thrive Agric 2016, Lagos (Nigeria), Series A | Online platform for investors to invest in farming projects | $9.15M | 48/100 | |
2nd | FarmCrowdy 2016, Lekki (Nigeria), Seed | Online platform that allows individuals to invest in small-scale agricultural projects through crowdfunding | $2M | 47/100 | |
3rd | Crowdfunding platform for tractor leasing and hiring businesses | - | - | 29/100 | |
4th | Crowdfunding platform for agricultural sectors | - | - | 26/100 | |
5th | Myfarmchain 2018, Port Harcourt (Nigeria), Unfunded | Online crowdfunding platform for agribusinesses | - | - | 26/100 |
6th | An online platform enabling farming businesses to raise funds through crowdfunding | - | - | 25/100 | |
7th | Online crowdfunding platform for agribusinesses | - | - | 25/100 | |
8th | Acres & Hills 2018, Lagos (Nigeria), Unfunded | Online crowdfunding platform for agriculture businesses | - | - | 24/100 |
9th | Revenue sharing based crowdfunding platform | - | - | 24/100 | |
10th | Banyan Choices Farm 2021, Lagos (Nigeria), Unfunded | Operator of a platform for sustainable agriculture investment opportunities | - | - | 24/100 |
Looking for more details on FarmCrowdy's competitors? Click here to see the top ones
FarmCrowdy's Investments and acquisitions
FarmCrowdy has acquired Bestfoodsgroupng.net. FarmCrowdy has not made any investments as of now.Reports related to FarmCrowdy
Here is the latest report on FarmCrowdy's sector:
News related to FarmCrowdy
•
Farmcrowdy, Nigerian Agri-tech startup opens e-commerce food platfromTech In Africa•May 05, 2020•FarmCrowdy
•
Nigerian startup Farmcrowdy to roll out retail meat hubs with acquisition of Best FoodsVentureburn•Feb 07, 2020•FarmCrowdy
•
•
Nigeria’s Farmcrowdy has launched a bus-hailing serviceDisrupt Africa•Sep 19, 2019•FarmCrowdy, Crowdyvest
•
Farmcrowdy and Oyo State Government Partners in new Agro DealTechgist Africa•Aug 28, 2019•FarmCrowdy
•
Farmcrowdy Introduces Crowdyvest For Impact-driven ProjectsInnovation-village•Jul 30, 2019•FarmCrowdy
•
Nigeria’s Farmcrowdy in partnership to boost livestock production, tradingDisrupt Africa•May 07, 2019•FarmCrowdy, Livestock247
•
•
[Nigeria] Farmcrowdy partners with Livestock 247 to streamline farming operationsAfrica Business Communities•Apr 16, 2019•Livestock247, FarmGate Africa, FarmCrowdy
•
Farmcrowdy launches online market place for African agriculture commoditiesAfrica Business Communities•Apr 04, 2019•FarmCrowdy, FarmGate Africa
Are you a Founder ?
FAQs about FarmCrowdy
Explore our recently published companies
- ReFrame Engage - United States based, 2020 founded, Unfunded company
- Web Instant Messenger - Bolzano based, 2016 founded, Unfunded company
- Carekro - 2018 founded, Unfunded company
- Dnyhospitality - Unfunded company
- Doral SEO - Doral based, 2026 founded, Unfunded company
- EMJ - Italy based, 2026 founded, Unfunded company