Springboard
Nigeria, NG · 3 known investors
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Springboard recruits and organizes rural farmers in Nigeria into registered cooperative groups, providing training, farm inputs, and market access to help them produce cocoa, plantain, and rice at commercial scale. The company buys the farmers' output at fair prices and sells to local and international markets, enabling smallholder farmers to increase income and move out of poverty.
Founders & leadership
Investors · 3
Funding
SEC filings, press & company announcements$31M disclosed across 1 of 2 rounds · 2020
- $31MSeries BAug 2020 · 2 sourcesSource ↗
- Undisclosed amountpost-Series ADec 2019
Reach Capital (lead), Blue Fog Capital, Costanoa Ventures, International Finance Corporation (IFC), Learn Capital, Pearson Ventures
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Springboard do?
- Springboard recruits and organizes rural farmers in Nigeria into registered cooperative groups, providing training, farm inputs, and market access to help them produce cocoa, plantain, and rice at commercial scale. The company buys the farmers' output at fair prices and sells to local and international markets, enabling smallholder farmers to increase income and move out of poverty.
- Who founded Springboard?
- Springboard was founded by Lawrence Afere, Helen Lawrence-Afere.
- Who are Springboard's investors?
- Springboard's investors include Elea Foundation for Ethics in Globalization, Costanoa Ventures, Telstra Ventures.
- How much funding has Springboard raised?
- Springboard has disclosed $31M raised across 1 of its 2 known rounds.
- Where is Springboard headquartered?
- Springboard is headquartered in Nigeria, NG.