Farmcrowdy
OperatingFarmcrowdy is Nigeria's 1st Digital Agriculture Platform
- Agriculture
- Lekki, Nigeria
- Seed
- Founded 2016
- farmcrowdy.com ↗
- Total raised
- $2.4M
- disclosed
- Last round
- $1M
- Seed
- Rounds
- 5
- since 2016
- Investors
- 15
- on record
- Employees
- 11-50
About Farmcrowdy
Farmcrowdy is Nigeria’s First Digital Agriculture Platform that empowers rural farmers by providing them with improved seeds, farm inputs, training on modern farming techniques and provides a market for the sale of their farm produce. This gives the farmers the capacity to farm more acres and by extension leads to increased food production and security in Africa. Since launching in 2016, Farmcrowdy has empowered over 25,000 small-scale farmers across Nigeria. We are committed to expanding our reach in order to continue to empower local farmers, positively impact their lives and their families while boosting food production and sustainability in Nigeria
Farmcrowdy funding5 rounds
All 5 rounds →Farmcrowdy has raised $2.4M across 5 disclosed rounds. The latest is a $1M Seed announced 21 Mar 2019.
- $100KConvertible NoteConvertible Note, $100K, $100K raised to date
- $1MSeedSeed, $1M, $1.1M raised to date
- $325KGrantGrant, $325K, $1.4M raised to date
- $1MSeedSeed, $1M, $2.4M raised to date
SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn
Who has invested in Farmcrowdy
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 21 Mar 2019 | Farmcrowdy Seed | Ajayi Solutions +2 | $1M |
| 26 Feb 2018 | Farmcrowdy Grant | GSMA Ecosystem Accelerator | $325K |
| 18 Dec 2017 | Farmcrowdy Seed | Christof Walter +10 | $1M |
| 01 Aug 2017 | Farmcrowdy Convertible Note | Right Side Capital Management | $100K |
| 10 Jul 2017 | Farmcrowdy Pre-seed | Techstars +1 | Not disclosed |
Farmcrowdy founders & team
Full team →- Akindele PhillipsCo-founder & CFO
- Tope OmotolaniCo-founder & COO
- Onyeka AkumahCEO & Founder
- Jimoh MaiyegunCTO & Co-founder
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Frequently asked about Farmcrowdy
- Where is Farmcrowdy based and when was it founded?
- Farmcrowdy is headquartered in Lekki, Nigeria and was founded in 2016.
- Who founded Farmcrowdy?
- Farmcrowdy was founded by Akindele Phillips (Co-founder & CFO), Tope Omotolani (Co-founder & COO), Onyeka Akumah (CEO & Founder) and Jimoh Maiyegun (CTO & Co-founder).
- Who is the CEO of Farmcrowdy?
- Onyeka Akumah is Farmcrowdy's CEO & Founder.
- How much funding has Farmcrowdy raised?
- Farmcrowdy has raised $2.4M across 5 disclosed rounds. Its latest, a $1M Seed, was announced on Mar 21, 2019.
- Who has invested in Farmcrowdy?
- Backers include Ajayi Solutions, Cox Enterprises, Techstars, GSMA Ecosystem Accelerator and 11 others.
- What sector is Farmcrowdy in?
- Farmcrowdy operates in Agriculture, AgTech and AgriTech.
