EthicHub

company

About

Blockchain-based P2P platform connecting profitable small farming communities with lenders and product buyers.

Details

Last Funding Type
Non-Equity Assistant
Industries
AgTech,Blockchain,Coffee,FinTech,Lending,Micro Lending
Founded date
Nov 1, 2017
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
Lendingdev s.l.

EthicHub connect groups of smallholder farmers on a profitable activity, with lenders from all over the world and with direct buyers, creating value to all parties. By combining lending and product sale services we use the coffee as collateral for the loan and improve unit economics. Now it is possible to serve smallholder farmers in a very profitable way.
EthicHub creates value from mutual benefit: Lenders provide affordable loans to the smallholder farmers (only coffee producers in early stage) and direct buyers (coffee roasters in early stage) offer faire prices for the crops, enabling farmers to have the resources to payback the loans and to get free from the poverty and low productivity cycle.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$1.41M
EthicHub has raised a total of $1.41M in funding over 2 rounds. Their latest funding was raised on May 1, 2020 from a Non-Equity Assistant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 1, 2020 Non-Equity Assistant 1 Desafia Detail
Apr 1, 2020 Grant $40K 1 Chivas Venture Detail
Jan 10, 2020 Debt Financing $600K Detail
Mar 1, 2019 Seed $400K 1 COLABORATIVOx Detail
Feb 7, 2018 Initial Coin Offering $370K Detail

Investors

Number of Lead Investors
Number of Investors
3
3
EthicHub is funded by 3 investors. Desafia and Chivas Venture are the most recent investors.
Investor Name Lead Investor Funding Round
Desafia Yes Non-Equity Assistant
Chivas Venture Yes Grant
COLABORATIVOx Yes Seed

Employee Profiles

Number of Employee Profiles
1
EthicHub has 1 current employee profiles, including Executive Jori Armbruster
Executive