About FarmBackup
FarmBackup is a company based in Copenhagen (Denmark) founded in 2015 by Anders Knudsen and Søren Knudsen.. FarmBackup has raised $1.66 million across 4 funding rounds. The company has 6 employees as of November 30, 2024. FarmBackup operates in a competitive market with competitors including DuPont, H+H, SER Hegn, Dansk Profilteknik and Skalflex, among others.
- Headquarter Copenhagen, Denmark
- Employees 6 as on 30 Nov, 2024
- Founders Anders Knudsen, Søren Knudsen
- Stage Minicorn
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Sectors
AgricultureReal Estate & Construction
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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 Farmbackup Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.66 M (USD)
in 4 rounds
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Latest Funding Round
$388.03 K (USD), Seed
Sep 29, 2020
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Investors
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Employee Count
6
as on Nov 30, 2024
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Funding Insights of FarmBackup
FarmBackup has successfully raised a total of $1.66M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $388.03 thousand completed in September 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 4
- Last Round Seed — $388,033
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First Round
First Round
(22 May 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Seed - FarmBackup | Valuation |
investors |
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| Apr, 2019 | Amount | Seed - FarmBackup | Valuation |
investors |
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| Jul, 2018 | Amount | Seed - FarmBackup | Valuation |
investors |
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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 |
Investments & Acquisitions by FarmBackup
| 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 - FarmBackup
| 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 |
Farmbackup Comparisons
Competitors of FarmBackup
FarmBackup 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 DuPont, H+H, SER Hegn, Dansk Profilteknik and Skalflex, 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 |
Developer of chemical products, construction & packaging materials, and water solutions
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| domain | founded_year | HQ Location |
Aggregate concrete products are manufactured by H+H for construction applications.
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| domain | founded_year | HQ Location |
Fences, gates, and security products are supplied in Denmark.
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| domain | founded_year | HQ Location |
Roofs, walls, and building materials are manufactured by the company.
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| domain | founded_year | HQ Location |
Concrete, plasters, insulation, and additives are manufactured.
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| domain | founded_year | HQ Location |
Construction materials including cleaned bricks and mortar are manufactured.
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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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Frequently Asked Questions about FarmBackup
When was FarmBackup founded?
FarmBackup was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is FarmBackup located?
FarmBackup is headquartered in Copenhagen, Denmark.
Is FarmBackup a funded company?
FarmBackup is a funded company, having raised a total of $1.66M across 4 funding rounds to date. The company's 1st funding round was a Seed of $588K, raised on May 22, 2017.
How many employees does FarmBackup have?
As of Nov 30, 2024, the latest employee count at FarmBackup is 6.
What does FarmBackup do?
FarmBackup was founded in 2015 in Copenhagen, Denmark, within the agricultural technology sector. A SaaS-based platform and mobile app are utilized to track farm equipment through GPS devices. Machine performance statistics are generated, alongside storage management tools. Job planning is facilitated, client information is maintained, and payroll processing is supported for farmers and growers.
Who are the top competitors of FarmBackup?
What is FarmBackup's valuation?
The valuation of FarmBackup is $7.48M as of Sep 2020.