{"id":19663,"date":"2017-06-20T15:10:17","date_gmt":"2017-06-20T15:10:17","guid":{"rendered":"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/"},"modified":"2017-06-20T15:10:17","modified_gmt":"2017-06-20T15:10:17","slug":"agruppa-lands-international-impact-investment","status":"publish","type":"post","link":"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/","title":{"rendered":"Agruppa Lands International Impact Investment"},"content":{"rendered":"

Agruppa, a startup that optimizes the current fruit and vegetable supply chain between farms and mom-and-pop shops in Bogot\u00e1, closed investments with two international impact investors for US$330k.<\/em><\/p>\n

(Press Release<\/a>) Agruppa, a startup that optimizes the current fruit and vegetable supply chain between farms and mom-and-pop shops in Bogota, closed investments with two international impact investors for US$330K, and is looking to top up its seed round with an additional US$100K to US$200K by the end of July 2017.<\/p>\n

June 20th, 2017 \u2013 Agruppa, a Colombian social enterprise that makes fresh produce accessible and affordable to consumers in marginalized urban and peri-urban areas, closed investments with two international impact investors this week.<\/p>\n

The Mercy Corps\u2019 Social Venture Fund made the first investment, of $150,000, in Agruppa\u2019s seed round sending a strong single to other investors of the company\u2019s investment readiness. “We are excited to join Agruppa as investors and partners. In the produce value chain, we see inefficient, and in some cases exploitative, supply and distribution market systems worldwide. Farmers, small shop owners and marginalized consumers across Colombia all stand to benefit tremendously through Agruppa’s model,\u201d said Tim Rann, a partner in the fund. Mercy Corps\u2019 investment quickly attracted Yunus Social Business who then added $180,000 towards the round.<\/p>\n

Agruppa\u2019s cofounder and CEO, Carolina Medina, said, \u201cHaving Mercy Corps\u2019 Social Venture Fund alongside Yunus Social Business as investors in our business is the key support to ensure our impact at the farmer and shop level can solidify, while attaining financial sustainability\u201d.<\/p>\n

These investors were attracted to Agruppa because of its quick traction in the market and high impact on farmers, small business owners and end-consumers.<\/p>\n

Agruppa leverages mobile technology to streamline the complex supply chains of key food items by connecting produce farmers directly to mom-and-pop shops in the city. In doing so, Agruppa reduces costs, enables just-in-time delivery, and minimizes waste. By generating economies of scale, Agruppa eliminates the 45% city-markup on fruits and vegetables, ensuring low-income urban people can afford fresh produce and giving farmers direct access to a huge city market.<\/p>\n

In just 14 months Agruppa went from a 20 store pilot to now serving 400+ mom-and-pop shops in three of the most marginalized areas of Bogot\u00e1. Through savings on produce and transportation, Agruppa mom-and-pop shops can save roughly US$1,500 per year. Since 40% of the mom-and-pop shops are below the national poverty line and 89% of them are the sole income provider for their households, this additional revenue is game-changing for them.<\/p>\n

Agruppa plans to connect thousands of farmers with over 5,500 shops by 2021, ultimately impacting 1 million consumers in marginalized neighborhoods and sourcing 5,000 tons of produce per month.<\/p>\n

With this financing round anchored and other financial support and partnerships with players like the World Bank, Wayra, Expo Dubai 2020, Agora Partnerships, and SociaLab, Agruppa aims to top up its seed round with an additional $100K to $200K by the end of July 2017. With this round, Agruppa aims to reach breakeven and continue scaling its impact throughout Bogota.<\/p>\n

For additional information, please contact Timothy Rann (Senior Advisor, Mercy Corps’ Social Venture Fund) or Carolina Medina (CEO and Cofounder of Agruppa).<\/p>\n","protected":false},"excerpt":{"rendered":"

Agruppa, a startup that optimizes the current fruit and vegetable supply chain between farms and mom-and-pop shops in Bogot\u00e1, closed investments with two international impact investors for US$330k. (Press Release) Agruppa, a startup that optimizes the current fruit and vegetable supply chain between farms and mom-and-pop shops in Bogota, closed investments with two international impactContinue reading “Agruppa Lands International Impact Investment”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":3593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[26],"tags":[],"acf":[],"yoast_head":"\nAgruppa Lands International Impact Investment - LAVCA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agruppa Lands International Impact Investment - LAVCA\" \/>\n<meta property=\"og:description\" content=\"Agruppa, a startup that optimizes the current fruit and vegetable supply chain between farms and mom-and-pop shops in Bogot\u00e1, closed investments with two international impact investors for US$330k. (Press Release) Agruppa, a startup that optimizes the current fruit and vegetable supply chain between farms and mom-and-pop shops in Bogota, closed investments with two international impactContinue reading "Agruppa Lands International Impact Investment"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/\" \/>\n<meta property=\"og:site_name\" content=\"LAVCA\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-20T15:10:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lavca.org\/wp-content\/uploads\/2023\/10\/Agruppa-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"594\" \/>\n\t<meta property=\"og:image:height\" content=\"396\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"dystrick\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@lavca_org\" \/>\n<meta name=\"twitter:site\" content=\"@lavca_org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"dystrick\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/\"},\"author\":{\"name\":\"dystrick\",\"@id\":\"https:\/\/www.lavca.org\/#\/schema\/person\/c2aca6233792370eb0c8be5b3e3b0278\"},\"headline\":\"Agruppa Lands International Impact Investment\",\"datePublished\":\"2017-06-20T15:10:17+00:00\",\"dateModified\":\"2017-06-20T15:10:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/\"},\"wordCount\":522,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.lavca.org\/#organization\"},\"articleSection\":[\"Industry News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/\",\"url\":\"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/\",\"name\":\"Agruppa Lands International Impact Investment - LAVCA\",\"isPartOf\":{\"@id\":\"https:\/\/www.lavca.org\/#website\"},\"datePublished\":\"2017-06-20T15:10:17+00:00\",\"dateModified\":\"2017-06-20T15:10:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.lavca.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Agruppa Lands International Impact Investment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.lavca.org\/#website\",\"url\":\"https:\/\/www.lavca.org\/\",\"name\":\"LAVCA\",\"description\":\"The Association for Private Capital Investment in Latin America\",\"publisher\":{\"@id\":\"https:\/\/www.lavca.org\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.lavca.org\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.lavca.org\/#organization\",\"name\":\"LAVCA\",\"url\":\"https:\/\/www.lavca.org\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.lavca.org\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.lavca.org\/wp-content\/uploads\/2023\/08\/logo@2x.png\",\"contentUrl\":\"https:\/\/www.lavca.org\/wp-content\/uploads\/2023\/08\/logo@2x.png\",\"width\":470,\"height\":232,\"caption\":\"LAVCA\"},\"image\":{\"@id\":\"https:\/\/www.lavca.org\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/lavca_org\",\"https:\/\/www.linkedin.com\/company\/lavca\/\",\"https:\/\/www.youtube.com\/user\/LAVCA1\/\",\"https:\/\/lavca.org\/about\/contact-lavca\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.lavca.org\/#\/schema\/person\/c2aca6233792370eb0c8be5b3e3b0278\",\"name\":\"dystrick\",\"sameAs\":[\"https:\/\/www.lavca.org\"],\"url\":\"https:\/\/www.lavca.org\/author\/dystrick\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Agruppa Lands International Impact Investment - LAVCA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/","og_locale":"en_US","og_type":"article","og_title":"Agruppa Lands International Impact Investment - LAVCA","og_description":"Agruppa, a startup that optimizes the current fruit and vegetable supply chain between farms and mom-and-pop shops in Bogot\u00e1, closed investments with two international impact investors for US$330k. (Press Release) Agruppa, a startup that optimizes the current fruit and vegetable supply chain between farms and mom-and-pop shops in Bogota, closed investments with two international impactContinue reading \"Agruppa Lands International Impact Investment\"","og_url":"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/","og_site_name":"LAVCA","article_published_time":"2017-06-20T15:10:17+00:00","og_image":[{"width":594,"height":396,"url":"https:\/\/www.lavca.org\/wp-content\/uploads\/2023\/10\/Agruppa-1.jpg","type":"image\/jpeg"}],"author":"dystrick","twitter_card":"summary_large_image","twitter_creator":"@lavca_org","twitter_site":"@lavca_org","twitter_misc":{"Written by":"dystrick","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/#article","isPartOf":{"@id":"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/"},"author":{"name":"dystrick","@id":"https:\/\/www.lavca.org\/#\/schema\/person\/c2aca6233792370eb0c8be5b3e3b0278"},"headline":"Agruppa Lands International Impact Investment","datePublished":"2017-06-20T15:10:17+00:00","dateModified":"2017-06-20T15:10:17+00:00","mainEntityOfPage":{"@id":"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/"},"wordCount":522,"commentCount":0,"publisher":{"@id":"https:\/\/www.lavca.org\/#organization"},"articleSection":["Industry News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/","url":"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/","name":"Agruppa Lands International Impact Investment - LAVCA","isPartOf":{"@id":"https:\/\/www.lavca.org\/#website"},"datePublished":"2017-06-20T15:10:17+00:00","dateModified":"2017-06-20T15:10:17+00:00","breadcrumb":{"@id":"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.lavca.org\/agruppa-lands-international-impact-investment\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.lavca.org\/"},{"@type":"ListItem","position":2,"name":"Agruppa Lands International Impact Investment"}]},{"@type":"WebSite","@id":"https:\/\/www.lavca.org\/#website","url":"https:\/\/www.lavca.org\/","name":"LAVCA","description":"The Association for Private Capital Investment in Latin America","publisher":{"@id":"https:\/\/www.lavca.org\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.lavca.org\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.lavca.org\/#organization","name":"LAVCA","url":"https:\/\/www.lavca.org\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.lavca.org\/#\/schema\/logo\/image\/","url":"https:\/\/www.lavca.org\/wp-content\/uploads\/2023\/08\/logo@2x.png","contentUrl":"https:\/\/www.lavca.org\/wp-content\/uploads\/2023\/08\/logo@2x.png","width":470,"height":232,"caption":"LAVCA"},"image":{"@id":"https:\/\/www.lavca.org\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/lavca_org","https:\/\/www.linkedin.com\/company\/lavca\/","https:\/\/www.youtube.com\/user\/LAVCA1\/","https:\/\/lavca.org\/about\/contact-lavca\/"]},{"@type":"Person","@id":"https:\/\/www.lavca.org\/#\/schema\/person\/c2aca6233792370eb0c8be5b3e3b0278","name":"dystrick","sameAs":["https:\/\/www.lavca.org"],"url":"https:\/\/www.lavca.org\/author\/dystrick\/"}]}},"_links":{"self":[{"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/posts\/19663"}],"collection":[{"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/comments?post=19663"}],"version-history":[{"count":0,"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/posts\/19663\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/media\/3593"}],"wp:attachment":[{"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/media?parent=19663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/categories?post=19663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/tags?post=19663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}