About Agrando
Agrando is a company based in Munchen (Germany) founded in 2017 by Moritz von Oertzen was acquired by Vitec in April 2018.. Agrando has raised $14.21 million across 2 funding rounds from investors including Vitec Software Group, Sony Innovation Fund and Yabeo. The company has 47 employees as of December 31, 2020. Agrando offers products and services including Fertilizers, Seeds, Feed, Spare Parts, and Stable Supplies.
- Headquarter Munchen, Germany
- Employees 47 as on 31 Dec, 2020
- Founders Moritz von Oertzen
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Sectors
Agriculture
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Agrando Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.21 M (USD)
in 2 rounds
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Latest Funding Round
$14.21 M (USD), Series A
Jul 07, 2021
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Investors
Vitec Software Group
& 6 more
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Employee Count
47
as on Dec 31, 2020
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Acquired by
Vitec
(Apr 19, 2018)
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Products & Services of Agrando
Agrando offers a comprehensive portfolio of products and services, including Fertilizers, Seeds, Feed, Spare Parts, and Stable Supplies. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Products to enhance soil fertility and support crop growth.
Varieties for agricultural planting and crop production.
Nutritional products for animal farming and husbandry.
Components for maintaining agricultural machinery.
Items for animal housing and care needs.
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Funding Insights of Agrando
Agrando has successfully raised a total of $14.21M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $14.21 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $14.2M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - Agrando | Valuation | Yabeo | |
| Feb, 2020 | Amount | Seed - Agrando | Valuation | June Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Agrando
Agrando has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Vitec Software Group, Sony Innovation Fund and Yabeo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage tech investments in Germany are targeted by Yabeo.
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Founded Year | Domain | Location | |
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Venture capital fund investing in technology and AI sectors.
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Founded Year | Domain | Location | |
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Investment and advisory services are provided by JLR Star.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Agrando
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Agrando
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Agrando Comparisons
Competitors of Agrando
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Agrando
When was Agrando founded?
Agrando was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Agrando located?
Agrando is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is Agrando a funded company?
Agrando is a funded company, having raised a total of $14.21M across 2 funding rounds to date.
How many employees does Agrando have?
As of Dec 31, 2020, the latest employee count at Agrando is 47.
What does Agrando do?
Agrando was founded in 2017 in Munich, Germany, as a provider of digital platforms for agricultural trade. Operations focus on enabling registration requests, order comparisons, and purchase optimization for resources such as fertilizers, feeds, pesticides, seeds, fuels, and equipment. Subscription plans including Basic, Plus, and Pro are offered to farmers, while dealer sales options are available to agricultural traders. The sector emphasizes efficiency in sourcing and procurement.
What products or services does Agrando offer?
Agrando offers Fertilizers, Seeds, Feed, Spare Parts, and Stable Supplies.
Who are Agrando's investors?
Agrando has 7 investors. Key investors include Vitec Software Group, Sony Innovation Fund, Yabeo, Investbridge Capital, and JLR Star.