About Farmerline
Farmerline is a company based in Kumasi (Ghana) founded in 2003.. Farmerline has raised $9.4 million across 10 funding rounds from investors including Rabobank, FMO and European Union. Farmerline operates in a competitive market with competitors including FBN, DeHaat, Farmers Edge, Semaai and StarAgri, among others.
- Headquarter Kumasi, Ghana
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.4 M (USD)
in 10 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Aug 29, 2023
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Investors
Rabobank
& 15 more
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Employee Count
Employee Count
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Funding Insights of Farmerline
Farmerline has successfully raised a total of $9.4M across 10 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in August 2023. 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 10
- Last Round Seed — $1.5M
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First Round
First Round
(01 Feb 2016)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - Farmerline | Valuation | Triodos Investment Management |
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| Sep, 2022 | Amount | Seed - Farmerline | Valuation | Oikocredit |
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| Apr, 2022 | Amount | Seed - Farmerline | Valuation | ARAF , FMO |
| 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 Farmerline
Farmerline has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Rabobank, FMO and European Union. 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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Diversified investment portfolios are managed for various clients.
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Founded Year | Domain | Location | |
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Private equity firm investing in multiple sectors
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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 Farmerline
| 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 - Farmerline
| 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 |
Farmerline Comparisons
Competitors of Farmerline
Farmerline 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 FBN, DeHaat, Farmers Edge, Semaai and StarAgri, 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 |
Provider of farmers networking platform
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| domain | founded_year | HQ Location |
DeHaat is recognized as an online marketplace for farmers.
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| domain | founded_year | HQ Location |
Precision agriculture solutions and farm data management platforms are provided.
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| domain | founded_year | HQ Location |
Provider of app-based diversified tech-based services for farmers
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| domain | founded_year | HQ Location |
Integrated services are provided across the agricultural value chain.
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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 Farmerline
Frequently Asked Questions about Farmerline
When was Farmerline founded?
Farmerline was founded in 2003 and raised its 1st funding round 13 years after it was founded.
Where is Farmerline located?
Farmerline is headquartered in Kumasi, Ghana.
Is Farmerline a funded company?
Farmerline is a funded company, having raised a total of $9.4M across 10 funding rounds to date. The company's 1st funding round was a Seed of $6.4M, raised on Feb 01, 2016.
What does Farmerline do?
Farmerline was founded in 2003 in Kumasi, Ghana, within the agriculture technology sector. Weather data and content marketing are delivered through a platform that supports mass messaging, survey collection, and content creation for disseminating information to agribusinesses. Project management assistance is extended to agribusinesses and government agencies operating in the region.
Who are the top competitors of Farmerline?
Who are Farmerline's investors?
Farmerline has 16 investors. Key investors include Rabobank, FMO, European Union, RippleWorks, and African Development Bank Group.
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