About Farmsponsor
Farmsponsor was an Agriculture company based in Port Harcourt (Nigeria) founded in 2018 by Akpa Chike. It operates as an agricultural tech business to promote food security and innovation. It operates on a B2B model. The company is recorded as dissolved. Its focus areas include Food and Agriculture, Agricultural Technology, Food Security and Tech Solutions. Its competitors include Thrive Agric, FarmCrowdy and Agrilet; 2 of its 3 listed competitors have raised funding.
Company details
Farmsponsor, based in Port Harcourt, focuses on food and agriculture, agricultural technology, food security, and tech solutions. Operates as an agricultural tech business to promote food security and innovation. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Port Harcourt, Nigeria
- Founders Akpa Chike
- SectorsAgriculture
- Website farmsponsor.com.ng
- Latest Funding Round$1.26M (USD), Debt – Conventional
Dec 2023
- InvestorsPolaris Bank
& 1 more
Funding Insights of Farmsponsor
- Total Rounds 1
- Last Round Debt – Conventional — $1.26M
- First Round $1.26M
(Dec 2023)
- Investors Count 2
All 1 funding rounds of Farmsponsor with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $1.26M | Debt – Conventional | – | – |
2 investors in total: 2 institutional.
Investors in Farmsponsor
Farmsponsor has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Polaris Bank and NIRSAL.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| nirsal.com | ||||
Commercial banking services are offered in Nigeria by Polaris Bank. | 2006 | polarisbanklimited.com | Lagos, Nigeria |
Investor details for Farmsponsor
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Farmsponsor
1 people are tracked at Farmsponsor (1 in leadership).
| Name | Role | Group |
|---|---|---|
Akpa Chike | Co-Founder | Leadership |
Complete people profiles for Farmsponsor
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Farmsponsor
2 dated milestones of Farmsponsor across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Farmsponsor is founded.
- Funding First funding round of $1.3M.
Competitors of Farmsponsor
Farmsponsor has 3 listed competitors in our database, 2 of them funded. They include Thrive Agric, FarmCrowdy and Agrilet.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thriveagric.com | 2016 | Lagos, Nigeria | $9.15M | Investments in farming projects are enabled via an online platform. | ||
| farmcrowdy.com | 2016 | Lekki, Nigeria | $2M | Small-scale agricultural projects are crowdfunded through an online investment platform. | ||
| agrilet.com | 2018 | Nasarawa, Nigeria | Serves as an online crowdfunding platform for supporting agribusiness ventures. |
Detailed competitors of Farmsponsor
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Farmsponsor
The website of Farmsponsor (farmsponsor.com.ng) receives about 3.5K visits a month.
- Monthly visits3.5K
▼ 5.6% vs previous month
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Frequently Asked Questions about Farmsponsor
Farmsponsor was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Farmsponsor is headquartered in Port Harcourt, Nigeria. It is registered at Port Harcourt, Rivers, Nigeria.
Farmsponsor, based in Port Harcourt, focuses on food and agriculture, agricultural technology, food security, and tech solutions. Operates as an agricultural tech business to promote food security and innovation. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Farmsponsor's top competitors include FarmCrowdy, Thrive Agric and Agrilet.
Farmsponsor has 2 investors. Key investors include Polaris Bank, and NIRSAL.