Farmitoo

Paris, France Founded: 2017 • Age: 9 yrs
Agricultural machinery and parts are retailed online by Farmitoo.
Annual revenue - Latest available
Total funding $17.5M 4 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 5 Services tracked
Competitors 5 Brand Intelligence

About Farmitoo

Farmitoo is a company based in Paris (France) founded in 2017 by Gregoire Casoetto and Mathilde Lefrancois. Farmitoo has raised $17.49 million across 4 funding rounds from investors including IXO and Ventech. Farmitoo offers products and services including Yield Calculator, Fertilizer Simulator, Equipment Cost Calculator, Machinery Products, and Seeds Range. Farmitoo operates in a competitive market with competitors including Prodealcenter, AgriBusiness.fr, Agrics Machines and Agriaffaires, among others.

  • Headquarter Paris, France
  • Founders Gregoire Casoetto, Mathilde Lefrancois
  • Sectors
    Agriculture
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Agriculture → Agricultural Technology & Innovation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $17.49 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.63 M (USD), Series A

    Oct 17, 2023

  • Investors
    IXO

    & 1 more

  • Employee Count
    Employee Count
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Products & Services of Farmitoo

Farmitoo offers a comprehensive portfolio of products and services, including Yield Calculator, Fertilizer Simulator, Equipment Cost Calculator, Machinery Products, and Seeds Range.

Primary

Estimates crop yields based on field size and soil quality parameters.

Determines nutrient needs for crops and soil types accurately.

Evaluates costs of agricultural machinery and financing options.

Offers tractors and specialized tools for agricultural operations.

Provides various seeds for different crop types and conditions.

People of Farmitoo

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
💻 Julien Carrier
Senior Software Developer
People
Anne Müller
Chargée Satisfaction Client Allemagne
People
Anna Bourlès
Lead Account Manager
People
Maxime Lavabre
Traffic Manager (SEO)

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Funding Insights of Farmitoo

Farmitoo has successfully raised a total of $17.49M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2.63 million completed in October 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 Rounds 4
  • Last Round Series A — $2.6M
  • First Round

    (01 Jun 2018)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Series A - Farmitoo Valuation

investors

Jul, 2021 Amount Series A - Farmitoo Valuation

investors

Jun, 2020 Amount Seed - Farmitoo Valuation

investors

Investors in Farmitoo

Farmitoo has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include IXO and Ventech.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments in France are managed by IXO.
Founded Year Domain Location
Early-stage funding is provided to innovative founders by Ventech.
Founded Year Domain Location

Investments & Acquisitions by Farmitoo

Investments

Financial Statements - Farmitoo

Farmitoo Comparisons

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Competitors of Farmitoo

Farmitoo 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 Prodealcenter, AgriBusiness.fr, Agrics Machines and Agriaffaires, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Agricultural machinery parts are procured via an online marketplace.
domain founded_year HQ Location
Online marketplace for new and used agricultural equipment is operated.
domain founded_year HQ Location
Operates an ecommerce platform specializing in agricultural equipment for businesses.
domain founded_year HQ Location
Operates a listing platform for agriculture and construction machinery and equipment.

Latest news on Farmitoo

Frequently Asked Questions about Farmitoo

Farmitoo was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Farmitoo is headquartered in Paris, France.

Farmitoo is a funded company, having raised a total of $17.49M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.84M, raised on Jun 01, 2018.

Farmitoo was established in 2017 in Paris, France, as an online retailer in the agricultural sector. A range of products is supplied, including machinery, technical parts, lifting equipment, tree and market gardening tools, wine-growing apparatus, processing equipment, personal protective gear, tractor components, and harvester parts. Operations focus on e-commerce distribution across Europe, serving farmers and agricultural professionals with essential hardware needs.

Farmitoo's top competitors include AgriBusiness.fr, Prodealcenter and Agrics Machines.

Farmitoo offers Yield Calculator, Fertilizer Simulator, Equipment Cost Calculator, Machinery Products, and Seeds Range.

Farmitoo has 2 investors. Key investors include IXO, and Ventech.

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