
IIF (Invest Inya Farmer)
Put a farm in every pocket.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
N/A | €0.0 | round | |
investor investor | €0.0 | round | |
AUD3.4m | Seed | ||
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 250 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Invest In Farming (IIF) is a unique startup operating in the agricultural sector, with a focus on democratizing the farming industry. The company's primary offering is an innovative mobile application that connects farmers with consumers, creating a mutually beneficial ecosystem.
The business model of IIF is based on a co-operative structure, where members can invest in farming without the need to own a farm. This model allows for a more direct connection between the producers and consumers of food. Farmers can pre-sell a portion of their produce through the app, improving their cash flow and reducing their dependence on traditional banking systems. This also mitigates risks associated with farming, such as unpredictable weather conditions or market fluctuations.
On the other hand, consumers, as co-op members, can invest in various farming products, such as a row of grapevines or a single cow, and watch their investments grow over time. This not only provides consumers with a unique investment opportunity but also promotes awareness and loyalty towards the farmers and their produce.
IIF operates primarily in the Australian market, but its innovative model has the potential to disrupt the global agricultural industry. The company generates revenue through the transactions made on its platform, taking a percentage of the funds raised by farmers.
In summary, Invest In Farming is a pioneering startup that leverages technology to bridge the gap between farmers and consumers, providing a win-win solution for both parties.
Keywords: Agriculture, Farming, Co-operative, Mobile Application, Investment, Consumer Sourced Equity Capital, Direct-to-Consumer, Pre-Sell Produce, Australian Market, Innovative Business Model.