Farmia
An online livestock marketplace that helps farmers and buyers to trade in a more efficient, cost effective and secure way.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | N/A | Seed | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | - | - | 100 % | 99 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | 71 % | - | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | (186 %) | - | - | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
Farmia operates as a developer of an online platform for trading livestock, aiming to connect farmers with a broad network of potential buyers. The company's primary service facilitates the efficient and cost-effective trade of animals. Through its platform, farmers can list their livestock for sale, while buyers can search and filter for animals based on specific criteria such as location, category, and price.
The platform is designed to streamline the entire transaction process, offering services that include veterinarian checks and assistance with organizing transportation. This integrated approach brings together farmers, transporters, veterinarians, and buyers, creating a centralized marketplace. For buyers, such as those owning abattoirs, Farmia provides a digital alternative to traditional auction barns, allowing them to source animals more conveniently. Sellers and buyers can rate each other after transactions, building a reputation system within the community.
Established in 2012, the company secured initial funding through an accelerator program. It later raised seed funding in February 2014, amounting to $291K. However, according to PitchBook, the company is now listed as out of business as of January 2022.
Keywords: online livestock marketplace, livestock trading platform, agritech, animal trade, farm technology, online cattle auction, digital livestock sales, farmer network, livestock transport, veterinarian services, animal husbandry technology, farm commerce, agricultural marketplace, buy sell livestock online, cattle trading, sheep trading, goat trading, pig trading, abattoir sourcing, farm logistics