AgroCenta

Accra, Ghana Founded: 2015 • Age: 11 yrs
Digital market linkage platform for smallholder farmers is operated.
Annual revenue $13.4M Latest available
Total funding $1.5M 5 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 2 Services tracked
Competitors 3 Brand Intelligence

About AgroCenta

AgroCenta is a company based in Accra (Ghana) founded in 2015. It operates as a FinTech and SaaS (Software-as-a-Service). AgroCenta has raised $1.46 million across 5 funding rounds from investors including Gov.uk, Rabobank and GSMA. AgroCenta offers products and services including Velociti Platform and Value Chain Growth. AgroCenta operates in a competitive market with competitors including Tridge and Consentio, among others.

  • Headquarter Accra, Ghana
  • Sectors
    Retail
    Agriculture
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Agrocenta Technologies Inc.
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Agriculture → Agricultural Technology & Innovation
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
    $13.35 M (USD)
    67.02
    as on Mar 31, 2023
  • Net Profit
    $1.62 M (USD)
    27.55
    as on Mar 31, 2023
  • EBITDA
    $2.28 M (USD)
    25.37
    as on Mar 31, 2023
  • Total Equity Funding
    $1.46 M (USD)

    in 5 rounds

  • Latest Funding Round
    $20 K (USD), Seed

    Jun 01, 2022

  • Investors
    Gov.uk

    & 8 more

  • Employee Count
    Employee Count
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Products & Services of AgroCenta

AgroCenta offers a comprehensive portfolio of products and services, including Velociti Platform and Value Chain Growth.

Primary

Digital identity and financial services are provided to farmers.

Bottlenecks in agricultural value chain are efficiently removed.

People of AgroCenta

Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Michael K. Ocansey
Co-Founder
People
Gaoussou Zala
Superviseur Opérations
People
Konlan Blaise Yennulom
Monitoring And Evaluation Officer
People
Amos Antumwini
Regional Operations Manager

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Funding Insights of AgroCenta

AgroCenta has successfully raised a total of $1.46M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $20 thousand completed in June 2022. 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 Rounds 5
  • Last Round Seed — $20,000
  • First Round

    (14 Jun 2017)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Seed - AgroCenta Valuation Techstars
Jan, 2021 Amount Seed - AgroCenta Valuation Shell Foundation , Gov.uk
Dec, 2018 Amount Grant - AgroCenta Valuation

investors

Investors in AgroCenta

AgroCenta has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Gov.uk, Rabobank and GSMA.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
Founded Year Domain Location
Investments are made in pre-seed and seed stage tech startups.
Founded Year Domain Location
Diversified investment management services are provided globally.
Founded Year Domain Location

Investments & Acquisitions by AgroCenta

Investments

Financial Statements - AgroCenta

Agrocenta Comparisons

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Competitors of AgroCenta

AgroCenta 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 Tridge and Consentio, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Farm products are traded via an online B2B marketplace.
domain founded_year HQ Location
App-based B2B marketplace for fruits and vegetables is operated.

Latest news on Agrocenta

Frequently Asked Questions about AgroCenta

AgroCenta was founded in 2015 and raised its 1st funding round 2 years after it was founded.

AgroCenta is headquartered in Accra, Ghana. It is registered at Accra, Greater Accra, Ghana.

AgroCenta is a funded company, having raised a total of $1.46M across 5 funding rounds to date. The company's 1st funding round was a Grant of $250K, raised on Jun 14, 2017.

Annual revenue of AgroCenta is $13.35M as on Mar 31, 2023.

Financial inclusion for rural communities in Africa is accelerated by AgroCenta through the Velociti platform. Digital identities and financial services like microloans, savings, pensions, and payments are offered to smallholder farmers. Growth in the agricultural value chain is supported by removing bottlenecks and ensuring transparency. A farm-to-fork approach is adopted to create synergy across stakeholders in Sub-Saharan Africa. Impact is measured in poverty reduction, food distribution, gender equality, and economic growth for rural agricultural ecosystems.

AgroCenta's top competitors include Tridge and Consentio.

AgroCenta offers Velociti Platform and Value Chain Growth.

AgroCenta has 9 investors. Key investors include Gov.uk, Rabobank, GSMA, Techstars, and Shell Foundation.

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