Agricultural value chains are broken in most developing countries. Farmers are unable to access affordable credit, insurance, high-quality inputs, affordable logistics providers, and competitive markets. These inefficiencies lead to high rates of farmer poverty. 75% of the worlds poor are farmers. Ricult is a US-based award-winning Social Enterprise founded by MIT alums that develops AI/Data/Tech/Financial-based digital solutions for the agricultural ecosystem, focusing on smallholder farmers in developing countries (currently operating in Pakistan and Thailand). Ricult is one of the few companies in the world that operates at the nexus of Fintech and Agtech. Ricult is focused on building world-class digital products for its users based on their needs and pain points. The current portfolio of products is already deployed with more than 500,000 farmers and other leading stakeholders in the agriculture value chain.
View Top Employees from RicultWebsite | https://www.web.ricult.com/ |
Revenue | $6 million |
Funding | $2 million |
Employees | 64 (64 on RocketReach) |
Founded | 2016 |
Address | 50 Milk St, Boston, Massachusetts 02109, US |
Phone | +66 80 136 6618 |
Technologies |
JavaScript,
HTML,
Twitter
+19 more
(view full list)
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Industry | Financial Services, Business Intelligence (Bi) Software, Agriculture, Software Development & Design, Agriculture and Farming, Software, Art, Media and Entertainment, Business Information Systems, Information Technology, Farming |
SIC | SIC Code 73 Companies, SIC Code 737 Companies, SIC Code 7372 Companies, SIC Code 7374 Companies |
NAICS | NAICS Code 541513 Companies, NAICS Code 54 Companies, NAICS Code 5112 Companies, NAICS Code 511 Companies, NAICS Code 541 Companies, NAICS Code 54151 Companies, NAICS Code 5415 Companies, NAICS Code 51 Companies |
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The Ricult annual revenue was $6 million in 2024.
Gabriel Torres is the Chief Strategy Officer of Ricult.
64 people are employed at Ricult.
Ricult is based in Boston, Massachusetts.
The NAICS codes for Ricult are [541513, 54, 5112, 511, 541, 54151, 5415, 51].
The SIC codes for Ricult are [73, 737, 7372, 7374].