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FarmDrive logo — Using advanced data analytics to drive digital financial ser...

FarmDrive

Using advanced data analytics to drive digital financial services to the smallholder farming sector.

Founded 2014 Kenya Nairobi, Kenya 1 employees Grant Total: $175.00K Agriculture, Analytics +4

General Information

Company Name FarmDrive
Founded Year 2014
Location Kenya Nairobi, Kenya +1
Employees 1
Industries Agriculture, Analytics, Financial Services +3
Funding Stage Grant
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About FarmDrive

FarmDrive is an agricultural data analytics company leveraging advanced data analytics to provide digital financial services to the smallholder farming sector. Founded in 2014 and headquartered in Kenya, FarmDrive aims to address the challenge of unbanked and underserved smallholder farmers by helping financial institutions effectively increase their agricultural loan portfolios. Using innovative tools such as simple mobile phone technology, alternative credit scoring, and machine learning, FarmDrive bridges the data gap that often hinders smallholder farmers from accessing the financial services necessary for the growth of their agri-businesses and the improvement of their incomes. The company recently received a $175.00K grant investment from Spark Accelerator on 12 January 2024, highlighting its potential to attract support from prominent investors in the industry. As FarmDrive continues to evolve within the Agriculture, Analytics, Financial Services, Fintech, and Information Technology sectors, its innovative approach and commitment to addressing the financial needs of smallholder farmers position it as a promising player in the evolving landscape of agricultural technology and financial inclusion.

Taxonomy: Financial Inclusion, Agriculture, Credit, Development, Economic Empowerment, Tech, Agribusiness

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1 •••• •••• 12 Jan 2024
Venture Round •••••• 6
Investor Investor
•••• •••• 		04 Feb 2019
Seed Round •••••• 2
Investor
•••• •••• 		13 Feb 2017

FarmDrive Alternatives & Competitors

FarmDrive vs
Farmerline Group
Farmerline Group Ghana

Making More Food, More Profit & More Impact with farmers everywhere.

Non Equity Assistance
102 employees
Agriculture, AgriTech
FarmDrive vs
Degas
Degas Japan

Changing people’s lives, dramatically.

Series Unknown
63 employees
Agriculture, Finance
FarmDrive vs
Tulaa
Tulaa

Tulaa leverages mobile technology and local agent networks to link agricultural input suppliers, fin...

Grant
Fintech, AgriTech

FAQ About FarmDrive

Using advanced data analytics to drive digital financial services to the smallholder farming sector.
FarmDrive was founded in 2014.
FarmDrive is headquartered in Nairobi, Kenya.
FarmDrive operates in the following industries: Agriculture, Analytics, Financial Services, Fintech, IT, Information Technology.
FarmDrive has approximately 1 employees.
FarmDrive has completed 3 funding rounds, raising a total of $175.00K. The latest funding stage is Grant.
Top alternatives and competitors to FarmDrive include Farmerline Group, Degas , Tulaa, Farmsbook, FARMMOJA. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
FarmDrive and Farmerline Group 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.

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