Elevarm

Upscaling Agri Upstream Productivity

General Information
Company Name
Elevarm
Founded Year
2022
Location (Offices)
Indonesia +1
Founders / Decision Makers
Number of Employees
60
Industries
Agriculture, AgriTech
Funding Stage
Seed
Social Media

Elevarm - Company Profile

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 of Elevarm (4)

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Funding Stage Amount No. Investors Investors Date
Seed Round IDR16.00B 3 Rabobank, Amartha 03 Jul 2024
Seed Round IDR41.70B 3 Gibran Huzaifah 08 May 2024
Non Equity Assistance Unknown 1 05 Jul 2023
Seed Round Unknown 3 Gibran Huzaifah, Fajrin Rasyid 25 Oct 2022

Latest News of Elevarm

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No recent news or press coverage available for Elevarm.

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