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Farmerline

Operating

Farmerline is creating lasting profit for farmers everywhere

Updated Source: SLA Startup IndexHow we verify →
Total raised
$15.2M
disclosed
Last round
$1.5M
Seed
Rounds
8
since 2012
Investors
16
on record
Employees
11-50

About Farmerline

Farmerline creates access for all players in the agricultural value chain Farmerline is a company that develops solutions to increase access to farmers and simplify transactions throughout the agricultural value chain. Our focus on creating lasting profits for farmers everywhere has fueled our innovations from the very onset. We are the first organisation in Africa to give farmers access to information through voice messages in local languages, effectively bridging the knowledge gap among smallholder farmers. We are building the “Amazon” for farmers where they can access these timely services and other quality resources at affordable prices in their community. Since our inception in 2013, we have gone beyond serving farmers with information and resources that increase their yield. Now, we also provide global organisations with the tools they need to reach, engage and transform the agricultural last mile. Our belief in the power of technology to ensure sustainability across the agricultural value chain gave birth to Mergdata (www.mergdata.com); a mobile and web application for last-mile engagement. With this technology, we ensure that all last-mile engagements create access for all players, ensure transparency and efficiency, and ultimately, contribute to global food security. The software also offers real-time traceability, certification audit, farm mapping, farmer education, and analytics solutions to help organizations that work with farmers achieve their sustainability and food security goals efficiently. Mergdata uses big data and AI to give organisations insight into the work of farmers and to give farmers increased access to resourced and services; including financial services.

Farmerline funding8 rounds

All 8 rounds →

Farmerline has raised $15.2M across 8 disclosed rounds. The latest is a $1.5M Seed announced 26 Sep 2022, led by Oikocredit International.

Capital growthrunning total of disclosed rounds
  1. $50KSeedSeed, $50K, $50K raised to date
  2. $692KGrantGrant, $692K, $742K raised to date
  3. $50KGrantGrant, $50K, $792K raised to date
  4. $6.5MDebt FinancingDebt Financing, $6.5M, $7.3M raised to date
  5. $6.4MSeedSeed, $6.4M, $13.7M raised to date
  6. $1.5MSeedSeed, $1.5M, $15.2M raised to date

SLA Funding Index · grey is capital raised before each round · 2 undisclosed rounds not drawn

AnnouncedRoundLead · investorsAmount
26 Sep 2022Farmerline SeedOikocredit International$1.5M
25 Apr 2022Farmerline SeedFMO +2$6.4M
25 Apr 2022Farmerline Debt FinancingCeniarth +7$6.5M
17 Jun 2019Farmerline GrantAfrican Development BankNot disclosed
19 Nov 2018Farmerline GrantNot disclosed$50K
30 Oct 2018Farmerline GrantMastercard Foundation Fund for Rural Prosperity$692K
01 Dec 2015Farmerline Non-equity AssistancePitch@PalaceNot disclosed
28 Jun 2015Farmerline SeedVillage Capital$50K

Farmerline competitorssame sector · similar funding

  • Complete Farmer

    Complete Farmer is a Ghanian AgTech startup which allows users to own shares in tech-enabled farms · Ghana

  • Miro Forestry Company

    Miro Forestry Company is a sustainable forestry and timber startup with plantations in Ghana and Sierra Leone. · Ghana

  • Oyster Agribusiness

    Oyster Agribusiness is a Ghanian AgTech startup which seeks to be the largest vertically integrated agricultural products and food retailing in Africa. · Ghana

  • AgroCenta

    AgroCenta is an Agricultural technology platform creating shared value for smallholder farmers and businesses · Ghana

  • Mariseth Farms

    Mariseth Farms is a Ghanaian agribusiness making waves in West Africa’s agricultural sector. · Ghana

  • SAYeTECH

    SAYeTECH is an Acrra-based AgTech startup that provides smart machinery for sustainable agriculture. · Ghana

All 10 Agriculture startups in Ghana

Frequently asked about Farmerline

Where is Farmerline based and when was it founded?
Farmerline is headquartered in Kumasi, Ghana and was founded in 2012.
How much funding has Farmerline raised?
Farmerline has raised $15M across 8 disclosed rounds. Its latest, a $1.5M Seed, was announced on Sep 26, 2022.
Who has invested in Farmerline?
Backers include Oikocredit International, FMO, Acumen Resilient Agriculture Fund, Greater Impact Foundation and 12 others.
What sector is Farmerline in?
Farmerline operates in Agriculture, AgriTech and Social Entrepreneurship.