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Founded in 2015 by Nicolas Lohr, E-FARM is a Hamburg, Germany-based digital marketplace that facilitates the buying and selling of used agricultural machinery, including tractors, combines, and balers, across Europe. The platform connects farmers and dealers through data-driven matching, generating revenue through marketplace commissions and transaction fees while providing comprehensive services such as online auctions, independent machine inspections, secure payments, warranties, and Europe-wide delivery. Operating with fewer than 25 employees, the enterprise generates $6.6 million in revenue and has successfully shipped thousands of machines to buyers in over 40 countries. The digital marketplace utilizes a network of more than 850 partner dealers and offers personalized customer support available in up to 20 languages. To support this international growth, the company is backed by prominent investors including Cremer, CLAAS, WiT Ventures, and AMATHAON Capital.
E-Farm has raised $17.0M across 2 funding rounds.
E-Farm has raised $17.0M in total across 2 funding rounds.
E-Farm has raised $17.0M across 2 funding rounds. Most recently, it raised $12.0M Series B in May 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2023 | $12M Series B | — | Amathaon Capital, BASF Venture Capital | Announced |
| Sep 1, 2020 | $5M Series A | — | Amathaon Capital, BASF Venture Capital | Announced |
E-Farm (E-FARM.COM) is a Germany-based technology company founded in 2015 that operates Europe's leading online marketplace for used agricultural machinery, connecting farmers and dealers across the continent.[1][3][4] It serves farmers seeking cost-effective equipment and dealers offering inventory, solving the problem of limited local access to high-quality pre-owned farm machines by providing a full-stack platform with 300,000+ listings, independent inspections, safe payments, warranties, hassle-free delivery, and registration support in up to 20 languages.[1][3][4] The company leverages proprietary algorithms combining machinery, market, and customer data to match supply and demand optimally, enabling international transactions across 65 countries and helping buyers save up to 50% on market prices through 1,500 partners.[1][4]
With headquarters in Hamburg and revenue around $6.6 million, E-Farm demonstrates steady growth in the agritech sector, blending e-commerce with specialized services to streamline B2B transactions in a fragmented market.[3]
E-Farm was established in 2015 in Hamburg, Germany, as an online platform to aggregate the best used agricultural machinery offers from across Europe, addressing the challenge of sourcing reliable equipment beyond local dealers.[3][4] While specific founders are not detailed in available sources, the company quickly built a team of regional experts, such as Marco (General Sales Director for Western Europe and the Americas, with 15+ years in international trade and multilingual skills) and another expert covering Hungarian and Danish markets with a background in precision agriculture.[4] Early traction came from expanding to 300,000+ machines via 1,500 partners and introducing end-to-end services like certified inspections and transport, which built trust—exemplified by repeat buyers like Albert Usall from Spain who purchased three machines.[1][4] A pivotal moment included exploring asset-based credit financing in 2022 to scale machinery acquisitions beyond traditional brokerage.[5]
E-Farm stands out in the used farm equipment market through these key strengths:
E-Farm rides the agritech wave of digital marketplaces disrupting traditional farm equipment sales, where online platforms address supply chain inefficiencies amid rising machinery costs and farmer consolidation.[1][4] Timing aligns with post-2015 e-commerce growth in agriculture, accelerated by needs for cross-border access during supply disruptions, positioning it favorably against fragmented local dealers.[3][5] Market forces like high used equipment demand (due to new machine shortages) and sustainability pushes for reusing assets amplify its impact, while its data algorithms contribute to smarter agritech ecosystems by standardizing inspections and transactions.[1][2] As a Hamburg-based player with international reach, E-Farm influences Europe's startup scene by pioneering B2B models that could inspire similar platforms in adjacent sectors like crop tech.[2][5]
E-Farm is poised for expansion by deepening AI-driven matching and potentially integrating crop monitoring tools, capitalizing on global agritech trends like precision farming and sustainable equipment reuse.[1][2] Regulatory shifts toward green agriculture and e-commerce penetration in emerging farm markets could boost its cross-65-country transactions, while financing innovations like asset-based credit enable aggressive scaling.[5] Its influence may evolve from regional leader to global agritech enabler, sustaining momentum in a marketplace where trust and efficiency define winners—echoing its core mission of zero-risk, Europe-wide access since 2015.[4]
E-Farm has raised $17.0M in total across 2 funding rounds.
E-Farm's investors include Amathaon Capital, BASF Venture Capital.
