Thrive agric

Thrive agric

Provides farmers with access to finance, data-driven advisory and access to a market upon harvest.

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DateInvestorsAmountRound
-investor investor investor investor

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$1.5m

Grant
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2018201920202021
Revenues0000000000000000
% growth-189 %131 %328 %
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Dealroom estimates

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Thrive Agric is a rapidly growing agricultural technology company dedicated to ensuring food security by empowering smallholder farmers across Africa. The company leverages technology to link farmers to essential resources such as finance, data-driven best practices, and access to both local and global markets for their commodities. Thrive Agric operates in the agricultural sector, focusing on smallholder farmers who are often underserved by traditional financial and agricultural systems.

The business model revolves around financing farmers through farm inputs rather than cash, ensuring that the resources provided are directly used for agricultural purposes. This approach minimizes financial risk and maximizes productivity. Thrive Agric makes money by taking a share of the profits generated from the increased productivity and market access it provides to the farmers.

The company serves smallholder farmers who need financial support, technological assistance, and market access to improve their farming operations. By mapping farms, distributing inputs, and providing ongoing support, Thrive Agric helps these farmers increase their yields and profitability.

Thrive Agric operates in the agricultural technology market, specifically targeting the African continent, where there is significant potential for growth and development in the agricultural sector. The company's innovative approach and commitment to food security make it a key player in this market.

Keywords: agricultural technology, smallholder farmers, food security, finance, market access, data-driven practices, farm inputs, Africa, productivity, profitability.

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