Elevarm logo — Upscaling Agri Upstream Productivity

Elevarm

Upscaling Agri Upstream Productivity

Founded 2022 Indonesia Indonesia 60 employees Seed Total: $57.70B Agriculture, AgriTech

General Information

Company Name Elevarm
Founded Year 2022
Location Indonesia Indonesia
Employees 60
Industries Agriculture, AgriTech
Funding Stage Seed
Social

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About Elevarm

Elevarm, an Indonesia-based agri-tech startup, has been making waves in the industry since its establishment in 2022. With the slogan "Elevating Farmers," the company has positioned itself as a key player in the horticulture upstream sector. Elevarm aims to address critical challenges faced by smallholder farmers by offering comprehensive supply solutions to business customers. The company's commitment to promoting Good Agricultural Practices, democratizing quality agri-inputs, enhancing market access, and providing uncomplicated financing underscores its dedication to sustainable farming and farmer empowerment. In its latest milestone, Elevarm secured a significant IDR41.70B Seed Round investment on 08 May 2024. This funding round saw participation from prominent investors including 500 Startups, Insignia Venture Partners, and Gibran Huzaifah, further solidifying the company's position in the market. As Elevarm continues to gain traction and drive positive change in the agriculture industry, its innovative approach and strategic partnerships make it a compelling prospect for potential investors seeking impactful opportunities in the agri-tech landscape.

Overall, Elevarm's groundbreaking initiatives and recent funding success demonstrate its potential to revolutionize the agricultural sector in Indonesia and beyond. With a strong focus on elevating smallholder farmers and addressing crucial industry challenges, Elevarm stands as a promising investment prospect with a mission-driven approach that resonates with the growing demand for sustainable and socially impactful ventures.

Taxonomy: agri-tech, horticulture, smallholder farmers, sustainable farming, supply chain solutions, market linkage, agricultural inputs, financial inclusion, good agricultural practices, Indonesia, upstream agriculture, market access, small-scale agriculture, sustainable agriculture, rural development

Funding Rounds & Investors (4)

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Funding Stage Amount Investors Lead Investors Date
Seed Round IDR16.00B 3
Scala, Rabobank +1
03 Jul 2024
Seed Round IDR41.70B 3
500 Startups, Insignia Venture Partners +1
08 May 2024
Non Equity Assistance Undisclosed 1
Endeavor Indonesia
05 Jul 2023
Seed Round Undisclosed 3
500 Startups, Gibran Huzaifah +1
25 Oct 2022

Elevarm Alternatives & Competitors

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FAQ About Elevarm

Upscaling Agri Upstream Productivity
Elevarm was founded in 2022.
Elevarm is headquartered in Indonesia.
Elevarm operates in Agriculture and AgriTech. Its work centres on agri-tech, horticulture, smallholder farmers and sustainable farming.
Elevarm has approximately 60 employees.
Elevarm has completed 4 funding rounds, raising a total of $57.70B. The latest funding stage is Seed.
Top alternatives and competitors to Elevarm include Mozare3 | مُزارع, Terralima, Kheyti, MAYANI, Agriventure. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Elevarm and Mozare3 | مُزارع are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Elevarm, https://bouncewatch.com/company/elevarm, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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