About AgriChain
AgriChain is a company based in Melbourne (Australia) founded in 2013.. AgriChain has raised $4.03 million across 1 funding round from investors including Cornerstone Growth Capital. The company has 11 employees as of April 09, 2024. AgriChain offers products and services including AgriChain Software, AutoWeigh, Bulk Inventory Management, Timeslotting & Procurement, and Freight Management. AgriChain operates in a competitive market with competitors including iProcure, FoodLogiQ, Superplum, Aanika and Frequentz, among others.
- Headquarter Melbourne, Australia
- Employees 11 as on 09 Apr, 2024
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Sectors
Agriculture
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Email
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Phone
*********
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Website
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Social
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- Legal Name Agrichain Private Limited
- Date of Incorporation 29 May, 2018
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$197.8 (USD)-52.5as on Mar 31, 2023
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Net Profit
$-477.85 (USD)88.4as on Mar 31, 2023
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EBITDA
$-64.16 (USD)98.31as on Mar 31, 2023
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Total Equity Funding
$4.03 M (USD)
in 1 rounds
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Latest Funding Round
$4.03 M (USD), Series A
Feb 14, 2020
- Investors
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Employee Count
11
as on Apr 09, 2024
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Products & Services of AgriChain
AgriChain offers a comprehensive portfolio of products and services, including AgriChain Software, AutoWeigh, Bulk Inventory Management, Timeslotting & Procurement, and Freight Management. 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.
Platform for managing agriculture inventory and logistics processes
Automates weighing in agricultural supply chains
Tracks stocks and provides reporting for agriculture
Manages scheduling and procurement in supply chains
Handles truck tracking and invoicing for deliveries
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Leadership Team
4 people
Customer Team
1 people
Software Development Team
1 people
Operations Team
1 people
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Funding Insights of AgriChain
AgriChain has successfully raised a total of $4.03M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.03 million completed in February 2020. 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 1
- Last Round Series A — $4.0M
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First Round
First Round
(14 Feb 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2020 | Amount | Series A - AgriChain | Valuation | Cornerstone Growth Capital |
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| 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 AgriChain
AgriChain has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Cornerstone Growth Capital. 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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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 AgriChain
| 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 - AgriChain
| 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 |
Agrichain Comparisons
Competitors of AgriChain
AgriChain operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as iProcure, FoodLogiQ, Superplum, Aanika and Frequentz, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Data-driven solutions are offered for agricultural supply chain optimization.
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| domain | founded_year | HQ Location |
Provider of food traceability and safety solutions for food service chains
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| domain | founded_year | HQ Location |
Superplum is engaged in supplying high-quality, safe-to-eat fresh fruits.
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| domain | founded_year | HQ Location |
Traceability solutions for agricultural products are provided using microbial-based tags.
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| domain | founded_year | HQ Location |
Supply chain data warehousing and management solutions are provided.
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| domain | founded_year | HQ Location |
SaaS and blockchain-based supply chain platform is provided for agriculture.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Agrichain
Frequently Asked Questions about AgriChain
When was AgriChain founded?
AgriChain was founded in 2013 and raised its 1st funding round 7 years after it was founded.
Where is AgriChain located?
AgriChain is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Is AgriChain a funded company?
AgriChain is a funded company, having raised a total of $4.03M across 1 funding round to date. The company's 1st funding round was a Series A of $4.03M, raised on Feb 14, 2020.
How many employees does AgriChain have?
As of Apr 09, 2024, the latest employee count at AgriChain is 11.
What is the annual revenue of AgriChain?
Annual revenue of AgriChain is $197.8 as on Mar 31, 2023.
What does AgriChain do?
AgriChain was founded in 2013 in Melbourne, Australia, within the agriculture technology sector. Software solutions are offered to connect supply chain stakeholders, including farmers, brokers, and logistics providers. Key operations encompass stock management, contracting processes, supply chain tracking, logistic automation, broker integration, and traceability features. Blockchain technology is utilized for secure information storage. Mobile applications are available on Android and iOS platforms to support these functions.
Who are the top competitors of AgriChain?
What products or services does AgriChain offer?
AgriChain offers AgriChain Software, AutoWeigh, Bulk Inventory Management, Timeslotting & Procurement, and Freight Management.
Who are AgriChain's investors?
AgriChain has 1 investor. Key investors include Cornerstone Growth Capital.