# Crowdfarming, SL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/crowdfarming-sl

- Industry: Software
- Headquarters: Madrid, Spain
- Website: www.crowdfarming.com
- Total disclosed funding: $17M
- Latest round: Series A (Oct 6, 2021)
- Investors on record: 3

## About

Based in Madrid, Spain, Crowdfarming, SL is an innovative platform that connects consumers directly with farmers, promoting sustainable practices and enabling the delivery of organic produce to customers' doorsteps.Crowdfarming, SL facilitates a direct link between consumers and farmers, focusing on organic produce. Founded in 2017 in Madrid, Spain, the company has raised EUR 15.00 mn in its latest funding round on September 12, 2023, from the European Investment Bank. The founders include Gabriel Álvarez-Ossorio, Gonzalo Úrculo, Juliette Simonin, and Moises Graña. The company has completed a total of 2 deals to date.Crowdfarming primarily offers a platform that connects consumers directly with farmers, enabling the purchase of organically grown food delivered straight to their doorsteps. The service emphasizes sustainability by allowing consumers to choose their farmers, thereby reducing food waste and carbon footprints associated with traditional food distribution methods. Additionally, Crowdfarming supports farmers in eight countries, helping them transition to organic practices and sell their products directly to consumers, which enhances the end-user experience by ensuring freshness and quality. The customer base consists of environmentally conscious consumers who prefer to buy local and organic food, aiming for a more transparent supply chain that benefits both the producer and the consumer.In the most recent financial year, Crowdfarming reported a revenue of EUR 22,010,873.20 with an EBITDA of EUR -4,039,642.50. The company generates revenue through direct-to-consumer sales via its online platform, where customers can order boxes of fresh food from selected farmers, supporting a community-driven marketplace focused on sustainable agriculture.In September 2023, Crowdfarming, SL raised EUR 15 mn in VENTURE DEBT funding, which will be utilized to enhance its tools and improve the activities of research, development, and innovation. The company aims to expand its presence in new markets, though specific regions or timelines for this expansion have not been disclosed. Plans for upcoming new products are also in development, with a focus on enhancing the user experience and product offerings.

## Funding rounds

- Series A, Oct 6, 2021, $17M — Seaya Ventures, Triodos Investment Management, Qualitas Group

## Investors

- Seaya Ventures (https://capitalatlas.ai/funds/seaya-ventures) — Series A
- Triodos Investment Management (https://capitalatlas.ai/funds/triodos-investment-management) — Series A
- Qualitas Group — Series A