About Esoko
Esoko is a company based in Accra (Ghana) founded in 2007.. Esoko has raised $2.75 million across 4 funding rounds from investors including International Finance Corporation, Acumen and AGRA. Esoko offers products and services including Insyt, Messaging and Content, and Rural E-commerce. Esoko operates in a competitive market with competitors including InCeres, Krishi Network, Karnott, Tian Tian Xuenong and AgriSync, among others.
- Headquarter Accra, Ghana
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Sectors
AgricultureTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.75 M (USD)
in 4 rounds
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Latest Funding Round
$867.79 K (USD), Grant
Jul 27, 2016
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Investors
International Finance Corporation
& 3 more
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Employee Count
Employee Count
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Products & Services of Esoko
Esoko offers a comprehensive portfolio of products and services, including Insyt, Messaging and Content, and Rural E-commerce. 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.
Mobile platform for data collection, analytics, and project tracking.
Tools for disseminating information via SMS and voice channels.
Service connecting farmers to markets through digital innovations.
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Funding Insights of Esoko
Esoko has successfully raised a total of $2.75M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $867.79 thousand completed in July 2016. 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 4
- Last Round Grant — $867,788
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First Round
First Round
(24 Nov 2010)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2016 | Amount | Grant - Esoko | Valuation |
investors |
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| May, 2014 | Amount | Debt – Conventional - Esoko | Valuation |
investors |
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| May, 2014 | Amount | Seed - Esoko | Valuation | Lundin Foundation , Acumen |
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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 Esoko
Esoko has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include International Finance Corporation, Acumen and AGRA. 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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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Promotes African agriculture via seed systems, sustainable farming, markets, and policy development.
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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 Esoko
| 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 - Esoko
| 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 |
Esoko Comparisons
Competitors of Esoko
Esoko 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 InCeres, Krishi Network, Karnott, Tian Tian Xuenong and AgriSync, 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 |
Farm mapping and soil data are managed via specialized software.
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| domain | founded_year | HQ Location |
Progressive farmers are connected with experts via an online platform.
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| domain | founded_year | HQ Location |
Farm machinery data is automatically collected via an online platform.
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| domain | founded_year | HQ Location |
An agriculture technology learning platform is provided for farmers.
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| domain | founded_year | HQ Location |
Video support platform for farmers and advisors is enabled.
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| 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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Latest news on Esoko
Frequently Asked Questions about Esoko
When was Esoko founded?
Esoko was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is Esoko located?
Esoko is headquartered in Accra, Ghana. It is registered at Accra, Greater Accra, Ghana.
Who is the current CEO of Esoko?
Dan Asare Kyei is the current CEO of Esoko.
Is Esoko a funded company?
Esoko is a funded company, having raised a total of $2.75M across 4 funding rounds to date.
What does Esoko do?
Founded in 2007 in Accra, Ghana, digital multi-platform applications are provided by Esoko within the agriculture technology sector. Connections between businesses, projects, NGOs, and governments and farmers are facilitated through these platforms. Services encompass farm information delivery, agricultural content dissemination, on-the-ground deployment, monitoring, and advisory support. Additional features include marketing tools for bulk SMS, surveys, and polls, alongside field tracking for inventory, data collection, project monitoring, and report generation.
Who are the top competitors of Esoko?
Esoko's top competitors include InCeres, AgriSync and Krishi Network.
What products or services does Esoko offer?
Esoko offers Insyt, Messaging and Content, and Rural E-commerce.
Who are Esoko's investors?
Esoko has 4 investors. Key investors include International Finance Corporation, Acumen, AGRA, and Lundin Foundation.