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§ Private Profile · Jl. Ir. H. Juanda No.477 a Ciburial Cimenyan, Kabupaten Bandung, Jakarta, 40135, Indonesia
Agritech company providing inputs, tech-driven cultivation guidance, and supply chain solutions for smallholder horticulture farmers in Indonesia.
Founded in 2022 by Bayu Syerli Rachmat, Febi Agil Ifdillah, Lintang Kusuma Pratiwi, and Bayu Adi Persada, Elevarm is an agritech company based in Bandung, Indonesia, providing agricultural inputs, cultivation guidance, and integrated supply chain solutions to smallholder horticulture farmers. The organization operates an interconnected platform offering affordable seedlings, fertilizers, market access, and financing through its in-house research division, NextBio. Operating across West Java, Central Java, and Yogyakarta, the platform supports over 15,000 farmers and maintains active partnerships with more than thirty institutions. The enterprise has raised roughly $7,850,000 in total funding from prominent investors such as 500 Global, Insignia Ventures Partners, Intudo Ventures, and Rabobank. This venture capital backing includes a $2,600,000 seed round led by Insignia Ventures Partners in May 2024 and a $4,250,000 pre-Series A round led by Intudo Ventures in March 2025.
Elevarm has raised $7.6M across 3 funding rounds.
Elevarm has raised $7.6M in total across 3 funding rounds.
Elevarm has raised $7.6M across 3 funding rounds. Most recently, it raised $4.0M Seed in March 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2025 | $4M Seed | — | 500 Global, Antler, Hack VC, Intudo Ventures | Announced |
| Jul 5, 2024 | $1M Venture Round | — | — | Announced |
| May 8, 2024 | $2.6M Seed | — | — | Announced |
Elevarm is an upstream-focused Indonesian agritech company that builds inputs, production services and AI-driven cultivation tools to raise smallholder horticulture productivity and farm incomes in Indonesia and the region[2][1].
High-Level Overview
Elevarm’s mission: to elevate farmers by tackling core upstream productivity problems through high‑quality inputs, tech-driven cultivation and integrated supply solutions that increase yields and improve socio‑economic outcomes for smallholders[2].[2]Investment profile / relevance to investors: Elevarm is a fast‑growing seed‑stage agritech startup (founded 2022) that has raised roughly $7.85M from investors including 500 Global, Insignia Ventures Partners, Intudo Ventures and Rabobank, positioning it as an investable upstream play in Southeast Asian agri-inputs and supply chains[1][3].[1]
If treated as a portfolio company: Elevarm builds organic fertilizers, seedlings, biologicals and a tech stack (AI-backed cultivation tools and trading platform) that serve smallholder horticulture farmers and downstream buyers by improving productivity, supply reliability and traceability[2][4].[2] It addresses the problem of low upstream productivity and fragmented inputs markets by offering science‑backed inputs, R&D (NextBio), and a trading channel to scale high‑quality supply[2][4].[2] Public materials claim measurable impact—productivity increases and poverty reduction metrics cited on Elevarm’s site—indicating early traction and outcome orientation[2].[2]
Origin Story
Elevarm was founded in 2022 and is headquartered in Bandung, Indonesia, where it grew out of a focus on upstream horticulture productivity gaps in Indonesian smallholder systems[1][2].[1] The founders built the company combining agronomy/biotech R&D (NextBio), production partnerships for organic inputs and seedlings, and a technology layer for cultivation guidance and a trading platform—reflecting a hybrid product + services model aimed at closing quality and supply constraints for farmers and buyers[2][4].[2] Early signals of traction include rapid growth listings by investors and participation in regional startup coverage as a notable upstream agritech player[3][5].[3]
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Key sources: Elevarm corporate site (products, impact, NextBio)[2], CB Insights company profile (funding, founding year, investors)[1], and investor portfolio note from Insignia (company positioning)[3].[2][1][3]
Elevarm has raised $7.6M in total across 3 funding rounds.
Elevarm's investors include 500 Global, Antler, Hack VC, Intudo Ventures.