# Thrive Agric

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/thrive-agric

- Industry: Agribusiness
- Headquarters: Nigeria
- Website: www.thriveagric.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Mar 18, 2019)
- Investors on record: 2

## About

Based in Abuja, Nigeria, and founded in 2016 by CEO Uka Eje, CTO Ayodeji Arikawe, and Michael Kadiri, Thrive Agric Ltd, d.b.a. ThriveAgric is an ag-tech company that provides finance and technology-driven advisory services for farmers to increase their yield. In March 2022, Thrive Agric Ltd received USD 1.75 million in a grant from West Africa Trade & Investment Hub.

ThriveAgric provides agricultural technology solutions to ensure better value along with a low cost to farmers. The company offers input financing, development and training, technology services, post-harvest services, access to premium markets, social and financial inclusion, and more services. In addition, the company uses an agricultural operating system (AOS), which helps in farmer onboarding, farm mapping, input distribution, field monitoring, harvesting, and inventory management.

The company plans to use its proceeds from March 2022 funding to expand into new African markets, including Kenya, Zambia, and Ghana, and increase its farmer base to over 200,000.

## Funding rounds

- Seed, Mar 18, 2019, $0.1M — Y Combinator
- Seed, May 29, 2017 — Ventures Platform

## Investors

- Ventures Platform (https://capitalatlas.ai/funds/ventures-platform) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed