About Futurepump
Futurepump is a company based in Nairobi (Kenya) founded in 2012.. Futurepump has raised $973.71 thousand across 1 funding round. The company has 30 employees as of April 09, 2024. Futurepump offers products and services including Solar Water Pumps and Spares and Tools Kit. Futurepump operates in a competitive market with competitors including Ecozen Solutions, SunCulture, Agros, Vyoda and Surya Power Magic, among others.
- Headquarter Nairobi, Kenya
- Employees 30 as on 09 Apr, 2024
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Sectors
EnvironmentAgriculture
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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 Futurepump (India) Private Limited
- Date of Incorporation 01 Jul, 2014
- Jurisdiction Rajkot, Gujarat, India
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Annual Revenue
$1.75 M (USD)102.25as on Mar 31, 2023
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Net Profit
$133.45 K (USD)106.95as on Mar 31, 2023
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EBITDA
$198.41 K (USD)118.98as on Mar 31, 2023
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Total Equity Funding
$973.71 K (USD)
in 1 rounds
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Latest Funding Round
$973.71 K (USD), Seed
Mar 03, 2021
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Investors
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Employee Count
30
as on Apr 09, 2024
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Products & Services of Futurepump
Futurepump offers a comprehensive portfolio of products and services, including Solar Water Pumps and Spares and Tools Kit. 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.
Solar-powered pumps for efficient farm irrigation and water supply.
Kit for maintaining and repairing solar water pumps on farms.
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Funding Insights of Futurepump
Futurepump has successfully raised a total of $973.71K through 1 strategic funding round. The most recent funding activity was a Seed round of $973.71 thousand completed in March 2021. 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 — $973,711
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First Round
First Round
(03 Mar 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - Futurepump | 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 Futurepump
| 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 - Futurepump
| 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 |
Futurepump Comparisons
Competitors of Futurepump
Futurepump 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 Ecozen Solutions, SunCulture, Agros, Vyoda and Surya Power Magic, 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 climate-smart deeptech solutions for renewable energy and sustainable agriculture
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| domain | founded_year | HQ Location |
Solar-powered irrigation systems are provided to smallholder farmers.
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| domain | founded_year | HQ Location |
Sustainable farming solutions are provided for fruit and vegetable farmers.
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| domain | founded_year | HQ Location |
Solar-powered pumps and smart irrigation solutions are manufactured for agriculture.
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| domain | founded_year | HQ Location |
Solar irrigation modules and systems are supplied to farmers.
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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 Futurepump
When was Futurepump founded?
Futurepump was founded in 2012 and raised its 1st funding round 9 years after it was founded.
Where is Futurepump located?
Futurepump is headquartered in Nairobi, Kenya.
Is Futurepump a funded company?
Futurepump is a funded company, having raised a total of $973.71K across 1 funding round to date. The company's 1st funding round was a Seed of $973.71K, raised on Mar 03, 2021.
How many employees does Futurepump have?
As of Apr 09, 2024, the latest employee count at Futurepump is 30.
What is the annual revenue of Futurepump?
Annual revenue of Futurepump is $1.75M as on Mar 31, 2023.
What does Futurepump do?
Futurepump was founded in 2012 in Nairobi, Kenya, within the agricultural technology sector. Compact, portable solar-powered irrigation pumps are designed, developed, and manufactured to support small-scale farming operations. Current activities are concentrated in Kenya, serving farmers with up to one-acre plots, while plans are set for broader reach across Africa and global markets. Leadership is provided by Managing Director Helen Yapp, overseeing production and distribution efforts.
Who are the top competitors of Futurepump?
Futurepump's top competitors include Ecozen Solutions, SunCulture and Agros.
What products or services does Futurepump offer?
Futurepump offers Solar Water Pumps and Spares and Tools Kit.