🇹🇿 Dar es Salaam, Tanzania
Mkulima Markets
B2B marketplace connecting smallholder farmers to buyers
AgritechSeedESG 88
Round size
$4M
Valuation
$18M
ARR
$0.9M
YoY growth
340%
Conviction
81
/ 100
81/100
Medium risk
Team
22
Founded
2023
Investment thesis
Why now
Digitizing the $200B African agricultural supply chain, starting with maize and rice.
- 12,000 farmers onboarded
- Take rate 6.4%
- Founder ex-Twiga, ex-McKinsey
Score breakdown
6-factor weighted model
Diligence checklist
- Founder references
- Cap table & legal review
- Customer calls (5+)
- Cohort & retention data
- Regulatory memo
- ESG audit
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