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, Learn Capital, Moneta Ventures, Pearson Ventures, Reach Capital, Rocketship.vc, Titanium Ventures.

How much funding has Springboard raised?

Springboard has disclosed $31M raised across 1 of its 4 known rounds.

Where is Springboard headquartered?

Springboard is headquartered in Nigeria, NG.

Springboard

Nigeria, NG · 10 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.

AgTech Consumer FoodTech Impact & Social Good

Founders & leadership

Lawrence Afere Co-Founder/CEOLawrence Afere is co-founder and CEO of Springboard, a social enterprise that organizes smallholder farmers in Nigeria into cooperatives and provides training and market access for crops including cocoa, plantain, and rice. He holds a BSc in Business Administration from Covenant University and completed entrepreneurship coursework at Northwestern University.

Helen Lawrence-Afere Co-Founder/COOHelen Lawrence-Afere is Co-Founder and Chief Operating Officer of Springboard Farmers' Cooperative, where she manages operations including farm production, value-added food processing (cocoa, plantain chips, and bread products), and cooperative development in Nigeria. She oversees capacity building and market access initiatives for smallholder farmers.

Investors · 10

Also in the syndicate · 2

Blue Fog CapitalInternational Finance Corporation (IFC)

Funding

SEC filings, press & company announcements

$31M disclosed across 1 of 4 rounds · 2017–2020

$31MSeries BAug 2020 · 2 sources
Source ↗
Undisclosed amountpost-Series ADec 2019
Reach Capital (lead), Blue Fog Capital, Costanoa Ventures, International Finance Corporation (IFC), Learn Capital, Pearson Ventures
Source ↗
Undisclosed amountSeries ADec 2017
Costanoa Ventures (lead), Blue Fog Capital, Learn Capital, Moneta Ventures, Rocketship.vc
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

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, Learn Capital, Moneta Ventures, Pearson Ventures, Reach Capital, Rocketship.vc, Titanium Ventures.
How much funding has Springboard raised?: Springboard has disclosed $31M raised across 1 of its 4 known rounds.
Where is Springboard headquartered?: Springboard is headquartered in Nigeria, NG.