Ricult Overview
- Year Founded
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2016
- Status
-
Private
- Employees
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24
- Latest Deal Type
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2ndary - Private
- Investors
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11
Ricult General Information
Description
Developer of a financial and agricultural technology platform designed to improve farming efficiency and access to capital. The company uses artificial intelligence, machine learning algorithms, satellite imagery analysis, agronomic modeling, weather forecasting, alternative credit scoring, remote sensing, and a mobile application platform, enabling smallholder farmers to increase productivity and access affordable loans.
Contact Information
Website
ricult.comCorporate Office
- 50 Milk Street
- Floor 15
- Boston, MA 02109
- United States
Corporate Office
- 50 Milk Street
- Floor 15
- Boston, MA 02109
- United States
Ricult Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Secondary Transaction - Private | 01-Feb-2026 | Completed | Generating Revenue | |||
| 10. Later Stage VC | 01-Jul-2023 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series A1) | 11-Jul-2022 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series A) | 21-May-2021 | Completed | Generating Revenue | |||
| 7. Seed Round | 27-Jun-2018 | Completed | Generating Revenue | |||
| 6. Accelerator/Incubator | 18-Aug-2017 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 01-Jan-2017 | Completed | Startup | |||
| 4. Grant | Completed | Startup | ||||
| 3. Grant | $10K | Completed | Startup | |||
| 2. Grant | 29-Apr-2016 | $5K | Completed | Startup |
Ricult Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-1 | ||||||||
| Series A-5 NV | ||||||||
| Series A-4 | ||||||||
| Series A-3 | 2,070,801 | $0.000100 | $1.19 | $1.19 | 1x | $1.19 | 16.42% | |
| Series A-2 | 351,534 | $0.000100 | $0.4 | $0.4 | 1x | $0.4 | 2.79% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Ricult Comparisons
Industry
Financing
Details
Ricult Competitors (18)
One of Ricult’s 18 competitors is Growers Edge Financial, a Venture Capital-Backed company based in Johnston, IA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Growers Edge Financial | Venture Capital-Backed | Johnston, IA | ||||
| Indigo Ag | Venture Capital-Backed | Boston, MA | ||||
| Agralogics | Formerly VC-backed | Walnut Creek, CA | ||||
| SourceTrace | Venture Capital-Backed | Cambridge, MA | ||||
| Prospera (Agriculture) | Formerly VC-backed | Tel Aviv, Israel |
Ricult Signals
Ricult Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 500 Global | Accelerator/Incubator | Minority | ||
| Bualuang Ventures | Growth/Expansion | Minority | ||
| elea Foundation | Impact Investing | Minority | ||
| FINCA Ventures | Impact Investing | Minority | ||
| InnoSpace Thailand | Venture Capital | Minority |
Ricult FAQs
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When was Ricult founded?
Ricult was founded in 2016.
-
Where is Ricult headquartered?
Ricult is headquartered in Boston, MA.
-
What is the size of Ricult?
Ricult has 24 total employees.
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What industry is Ricult in?
Ricult’s primary industry is Business/Productivity Software.
-
Is Ricult a private or public company?
Ricult is a Private company.
-
What is Ricult’s current revenue?
The current revenue for Ricult is .
-
How much funding has Ricult raised over time?
Ricult has raised $8.65M.
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Who are Ricult’s investors?
500 Global, Bualuang Ventures, elea Foundation, FINCA Ventures, and InnoSpace Thailand are 5 of 11 investors who have invested in Ricult.
-
Who are Ricult’s competitors?
Growers Edge Financial, Indigo Ag, Agralogics, SourceTrace, and Prospera (Agriculture) are some of the 18 competitors of Ricult.
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