Farmitoo
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 1.2m | 3.5m | 4.0m | 10.3m | 10.3m |
% growth | - | 199 % | 14 % | 158 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
* | €1.0m | Early VC | |
N/A | €1.5m | Convertible | |
€1.5m | Early VC | ||
* | €10.0m | Series A | |
* | N/A | €2.5m Valuation: €50.0m | Early VC |
Total Funding | $18.2m |
Recent News about Farmitoo
EditFarmitoo is an e-commerce platform specializing in agricultural equipment, catering primarily to farmers and agricultural businesses. Operating in the European market, Farmitoo provides a comprehensive range of products including machinery, tools, and accessories essential for modern farming. The business model revolves around an online marketplace where suppliers list their products, and Farmitoo facilitates the transaction, earning revenue through commissions on sales. The platform emphasizes competitive pricing, a broad selection of items, and efficient delivery services to meet the needs of its clients. By leveraging technology, Farmitoo aims to streamline the procurement process for agricultural professionals, making it easier and more cost-effective to access high-quality equipment.
Keywords: e-commerce, agricultural equipment, farmers, European market, online marketplace, machinery, tools, accessories, competitive pricing, fast delivery.