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EthioChicken

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A leading distributor of chickens to rural farmers in Ethiopia

Addis Ababa, EthiopiaFounded 2010eCommerce & Marketplaces
Valuation $25–50M Last recorded · 2021
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $0–10M Disclosed equity funding
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About EthioChicken

EthioChicken operates as a key poultry company in East Africa, with a business model centered on improving food security and the livelihoods of smallholder farmers in Ethiopia. Founded in 2010 by American entrepreneurs David Ellis, Joseph Shields, and Trent Koutsoubos, the company was born from their decision to move to Ethiopia and invest in a business with significant social impact. Their journey began with the acquisition of Mekelle Farms, a struggling government poultry farm, which they transformed by increasing its production more than thirty-fold within the first year.

The company's core business is the production and distribution of day-old chicks (DOCs) of improved, dual-purpose breeds that are more productive than indigenous Ethiopian chickens. These birds mature faster, reaching market weight in three months compared to twelve, and can produce up to 250 eggs per year, a substantial increase from the 60 eggs produced by local breeds. EthioChicken's model addresses the high mortality rate of young chicks by using a network of thousands of agents. The company sells DOCs, along with specially formulated feed and vaccines, to these agents who raise the chicks for the critical first 40-45 days. This de-risks the process for smallholder farmers, who then purchase the more robust young chickens. This distribution system solves last-mile delivery challenges in remote rural areas and builds on the local networks and trust of the agents.

Revenue is generated from the sale of these comprehensive packages—chicks, feed, and vaccines—to its network of agents. EthioChicken also operates its own feed mills to ensure a supply of quality feed. The end-customers are primarily rural households and smallholder farmers, many of whom are women, who raise the chickens for both egg consumption, which improves household nutrition, and for meat, which provides a vital source of income. The parent company of EthioChicken, Hatch Africa, has replicated this successful model in other African nations, including Rwanda, Uganda, Kenya, Ghana, and Ivory Coast, under the name Uzima Chicken.

Source: Dealroom company data

At a glance

Founded
2010
Headquarters
Addis Ababa, Ethiopia
Sector
eCommerce & Marketplaces
Power Law
Colt$25–100M revenue

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • AHL Venture Partners
  • AgDevCo

Series B and later1 investor entered at this stage

  • Finnfund
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇪🇹 Ethiopia97.2%
🇬🇭 Ghana0.7%
🏳️ Somalia0.7%
🇰🇪 Kenya0.7%
4 countries shown
Web traffic by country
1.9K monthly visits
across markets
🇪🇹 Ethiopia100%
Top 1 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about EthioChicken on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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