Hello Tractor is an award winning diversified ag-tech company focused on improving food and income security throughout sub-Saharan Africa. Founded in 2014 and headquartered in Nigeria, the company's slogan "Technology for smarter, better maintained and more profitable tractors" encapsulates its mission. Hello Tractor addresses the labor constraints faced by resource-poor farmers by offering convenient and affordable tractor services, thereby promoting increased cultivation, timely planting, and enhanced income. The company's innovative approach includes turning tractors into Smart Tractors, providing additional income streams for farmers. Furthermore, Hello Tractor's platform enables remote tracking of assets for tractor owners, thus preventing fraud and machine misuse through virtual tractor monitoring. The company operates at the intersection of Agriculture and Big Data, leveraging technology to bring about positive change in the agriculture sector. With its most recent $3.00M Venture Round investment on 27 December 2023, Hello Tractor has demonstrated its potential for growth and impact. This funding is indicative of growing investor confidence in the company's innovative solutions for the farming community in sub-Saharan Africa. As the demand for agri-tech solutions continues to rise, Hello Tractor is well-positioned to make significant strides in enhancing agricultural productivity and income security in the region.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $3.00M | - | 27 Dec 2023 | |
Non Equity Assistance | Unknown | 1 | 01 Feb 2023 | |
Grant | $150.00K | 1 | The GSMA Innovation Fund | 14 Nov 2022 |
Corporate Round | $2.00M | 1 | 02 Aug 2022 | |
Seed Round | $1.00M | 1 | Heifer International | 02 May 2022 |
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