About Farmz2U
Farmz2U is a company based in Lekki (Nigeria) founded in 2019 by Aisha Raheem Bolarinwa.. Farmz2U has raised $200 thousand across 1 funding round from investors including The Catalyst Fund. Farmz2U offers products and services including Talon, Kuju, Inventory Management, and Procurement Management. Farmz2U operates in a competitive market with competitors including Farmforce, Koltiva, Babban Gona, Foodlocker and CoAmana, among others.
- Headquarter Lekki, Nigeria
- Founders Aisha Raheem Bolarinwa
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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
$200 K (USD)
in 1 rounds
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Latest Funding Round
$200 K (USD), Seed
Jan 10, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Farmz2U
Farmz2U offers a comprehensive portfolio of products and services, including Talon, Kuju, Inventory Management, and Procurement Management. 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.
Platform for buyers to source agricultural products directly.
Tool using AI for growers to optimize production and reduce waste.
System for tracking and managing agricultural stock efficiently.
Tool to streamline buying of raw agricultural produce.
Funding Insights of Farmz2U
Farmz2U has successfully raised a total of $200K through 1 strategic funding round. The most recent funding activity was a Seed round of $200 thousand completed in January 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 1
- Last Round Seed — $200,000
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First Round
First Round
(10 Jan 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2023 | Amount | Seed - Farmz2U | Valuation |
investors |
| 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 Farmz2U
Farmz2U has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Catalyst Fund. 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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Pre-seed funding and acceleration are provided to technology companies.
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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 Farmz2U
| 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 - Farmz2U
| 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 |
Farmz2u Comparisons
Competitors of Farmz2U
Farmz2U 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 Farmforce, Koltiva, Babban Gona, Foodlocker and CoAmana, 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 |
Sustainable farming is enabled by a cloud-based mobile platform.
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| domain | founded_year | HQ Location |
Provider of tech-enabled services and solutions
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| domain | founded_year | HQ Location |
Customized farming services are provided to franchised farmer groups.
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| domain | founded_year | HQ Location |
Online aggregating platform offering farm-fresh foodstuff and grocery items
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| domain | founded_year | HQ Location |
Provider of solutions for connecting farmers and small businesses to markets
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Farmz2U
When was Farmz2U founded?
Farmz2U was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is Farmz2U located?
Farmz2U is headquartered in Lekki, Nigeria. It is registered at Lekki, Lagos, Nigeria.
Is Farmz2U a funded company?
Farmz2U is a funded company, having raised a total of $200K across 1 funding round to date. The company's 1st funding round was a Seed of $200K, raised on Jan 10, 2023.
What does Farmz2U do?
Farmz2U was founded in 2019 in Lekki, Nigeria, within the agritech sector. A SaaS platform for farming management is offered, delivering end-to-end solutions such as digital advisory services and market linkages. Personalized farming guidance is extended to users, alongside a marketplace enabling traceable sourcing and direct product sales to buyers. Access to farm loans is facilitated through collaborations with financial institutions.
Who are the top competitors of Farmz2U?
Farmz2U's top competitors include Farmforce, Koltiva and Babban Gona.
What products or services does Farmz2U offer?
Farmz2U offers Talon, Kuju, Inventory Management, and Procurement Management.
Who are Farmz2U's investors?
Farmz2U has 1 investor. Key investors include The Catalyst Fund.