iProcure
OperatingiProcure is the largest agricultural supply chain platform in rural Africa.
- Agriculture
- Nairobi, Kenya
- Grant
- Founded 2013
- iprocu.re ↗
- Total raised
- $15.1M
- disclosed
- Last round
- $175K
- Grant
- Rounds
- 8
- since 2013
- Investors
- 8
- on record
- Employees
- 51-200
iProcure funding and investors
iProcure has raised $15.1M across 8 disclosed rounds. The latest is a $175K Grant announced 12 Jan 2024.
- Lead investors
- 3
- Largest round
- $9M
- Average round
- $2.5M
- disclosed rounds
- Round cadence
- 16 mo
- average gap
- $100KVentureVenture, $100K, $100K raised to date
- $4.5MVentureVenture, $4.5M, $4.6M raised to date
- $9MSeries BSeries B, $9M, $13.6M raised to date
- $1.2MDebt FinancingDebt Financing, $1.2M, $14.8M raised to date
- $120KGrantGrant, $120K, $14.9M raised to date
- $175KGrantGrant, $175K, $15.1M raised to date
SLA Funding Index · grey is capital raised before each round · 2 undisclosed rounds not drawn
iProcure funding rounds8 · newest first
- Grant$175K
12 Jan 2024
- Grant$120K
03 Apr 2023
- Debt FinancingUndisclosed
26 Jan 2023
- Debt Financing$1.2M
18 Aug 2022 · led by Investisseurs & Partenaires
- Series B$9M
18 Aug 2022 · led by Investisseurs & Partenaires
- Venture$4.5M
19 May 2019
- Venture$100K
07 Sep 2017 · led by Safaricom
- VentureUndisclosed
23 Jun 2014 · led by Invested Development
| Announced | Round | Lead · other investors | Amount |
|---|---|---|---|
| 12 Jan 2024 | Grant | Spark Accelerator | $175K |
| 03 Apr 2023 | Grant | USAID East Africa Trade and Investment Hub | $120K |
| 26 Jan 2023 | Debt Financing | Investors not disclosed | Undisclosed |
| 18 Aug 2022 | Debt Financing | Investisseurs & Partenaires | $1.2M |
| 18 Aug 2022 | Series B | Investisseurs & Partenaires · British International Investment, Ceniarth, Novastar Ventures | $9M |
| 19 May 2019 | Venture | Novastar Ventures | $4.5M |
| 07 Sep 2017 | Venture | Safaricom | $100K |
| 23 Jun 2014 | Venture | Invested Development | Undisclosed |
Investors in iProcure8 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Investisseurs & PartenairesVenture Capital | Lead in all 2 | Series B, Debt Financing | Aug 2022 |
| Invested DevelopmentVenture Capital | Lead | Venture | Jun 2014 |
| SafaricomVenture Capital | Lead | Venture | Sep 2017 |
| Novastar VenturesVenture Capital | Participant | Venture, Series B | May 2019 |
| British International InvestmentImpact Investor | Participant | Series B | Aug 2022 |
| Ceniarth | Participant | Series B | Aug 2022 |
| USAID East Africa Trade and Investment HubVenture Capital | Participant | Grant | Apr 2023 |
| Spark AcceleratorAccelerator | Participant | Grant | Jan 2024 |
Frequently asked about iProcure
- How much funding has iProcure raised?
- iProcure has raised $15M across 8 disclosed rounds. Its latest, a $175K Grant, was announced on Jan 12, 2024.
- Who has invested in iProcure?
- Backers include Spark Accelerator, USAID East Africa Trade and Investment Hub, Investisseurs & Partenaires, British International Investment and 4 others.
Profile updated Source: SLA Startup IndexHow we count →
