Cinch Markets
OperatingCinch Markets aggregates smallholder plots into managed irrigated farms, supplying enterprise buyers and creating local income.
- AgTech
- Nairobi, Kenya
- Funding Round
- Founded 2017
- cinchmarkets.com ↗
- Total raised
- $1.9M
- disclosed
- Last round
- Funding Round
- Rounds
- 7
- since 2017
- Investors
- 9
- on record
- Employees
- 51-200
About Cinch Markets
Cinch Markets aggregates fragmented smallholder plots into professionally managed irrigated mosaic farms. Founded in 2017 and based in Nairobi, the company partners with landowners to convert idle land into income while assuming operational responsibility for farm development, production and market access. They secure long‑term contracts with enterprise buyers, ensuring predictable demand and traceable supply chains. Their model delivers lease payments, salaries and dividends to participating households, creates local jobs, and invests in water and climate‑smart practices. They focus on scaling commercial agriculture across East Africa by combining infrastructure investment, inclusive finance and agronomic expertise to generate sustainable economic impact.
Cinch Markets funding7 rounds
All 7 rounds →Cinch Markets has raised $1.9M across 7 disclosed rounds. The latest is a Funding Round announced 28 Nov 2025.
- $1.5MGrantGrant, $1.5M, $1.5M raised to date
- $381KGrantGrant, $381K, $1.9M raised to date
SLA Funding Index · grey is capital raised before each round · 5 undisclosed rounds not drawn
Who has invested in Cinch Markets
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 28 Nov 2025 | Cinch Markets Funding Round | UM6P Ventures | Not disclosed |
| 28 Aug 2025 | Cinch Markets Grant | Unilever Ventures +2 | Not disclosed |
| 01 Feb 2024 | Cinch Markets Non-equity Assistance | SAIS | Not disclosed |
| 01 Oct 2022 | Cinch Markets Grant | United States Agency for International Development | $381K |
| 01 Feb 2022 | Cinch Markets Grant | USAID East Africa Trade and Investment Hub | $1.5M |
| 19 Jul 2021 | Cinch Markets Non-equity Assistance | Project Ninja | Not disclosed |
| 01 Jan 2018 | Cinch Markets Seed | Chandaria Capital | Not disclosed |
Cinch Markets founders & team
- Alexander FankuchenCo-Founder & CEO
- Richard GadboisCo-Founder & CFO
Cinch Markets competitorssame sector · similar funding
- Stable FoodsNairobi, Kenya
- AgroCentaAccra, Ghana
More AgTech startups in Kenya
- GrowAgric
GrowAgric is a Kenyan crowd-funding startup that connects farmers to much-needed working capital. · Kenya
- Ecorich Solutions
Ecorich Solutions is a Kenyan AgTech startup which develops organic composting solution. · Kenya
- Lofte Kesho
Imfuyo (formerly known as Lofte Kesho) is an Agri fintech enabling livestock collateral for Kenyan farmers · Kenya
- GenePlus Global Limited
GenePlus is a Nairobi-based agricultural biotechnology company founded in 2017 by Dr. Chris Silali · Kenya
- Organic Fields
Organic Fields is a social environmental enterprise that tries to solve the problem of market food waste from the municipal markets. · Kenya
- agriBORA
agriBORA is a Kenyan agri-fintech transforming agriculture by merging digital tools, financial access, and market connectivity. · Kenya
Frequently asked about Cinch Markets
- Where is Cinch Markets based and when was it founded?
- Cinch Markets is headquartered in Nairobi, Kenya and was founded in 2017.
- Who founded Cinch Markets?
- Cinch Markets was founded by Alexander Fankuchen (Co-Founder & CEO) and Richard Gadbois (Co-Founder & CFO).
- Who is the CEO of Cinch Markets?
- Alexander Fankuchen is Cinch Markets' Co-Founder & CEO.
- How much funding has Cinch Markets raised?
- Cinch Markets has raised $1.9M across 7 disclosed rounds. Its latest, a Funding Round, was announced on Nov 28, 2025.
- Who has invested in Cinch Markets?
- Backers include UM6P Ventures, Unilever Ventures, UK Government, EY and 5 others.
- What sector is Cinch Markets in?
- Cinch Markets operates in AgTech, Agriculture and Food Processing.
