Thrive Agric now part of Y Combinator

Y Combinator, the American seed accelerator that has funded some of the biggest names in Tech; Airbnb, Stripe, Dropbox… and now Thrive Agric.

We’re excited to let you know that we are a part of the YC Winter 2019 batch.

What is YC? Y Combinator (popularly called YC) is a start-up seed accelerator program headquartered in Mountain View, California, USA. All the companies go through a 3-months program in Silicon Valley to help them grow, improve and ultimately secure funding.

Why is this a big deal? Y Combinator, popularly called YC is considered to be the most successful start-up accelerator in the world. YC has backed some of the biggest billion-dollar companies in tech including; Airbnb (YC W2009) valued at over $30 Billion, Stripe (YC S2010) valued at over $20 Billion, Cruise (YC W2014) valued at over $14 Billion, Dropbox (YC W2007) valued at over $10 Billion and more! We are grateful to have come this far and we believe with the support of YC we will build a continent that feeds the world and itself and the future of sustainable African agriculture using technology.

What do we hope to achieve by being part of YC? As you already know (or about to find out), Thrive Agric is an Agri-tech company that helps smallholder farmers in Nigeria access loans to help scale their production, provide them with best practices as well as aid them with the selling of their produce to premium markets. So far, we have worked with about 14,000 farmers and the goal is to reach 1,000,000 farmers across Africa by 2022.