A Brazilian-Based Technology and Intelligence Company Seeks to Transform the Agriculture Sector
Agrotools, a pioneering technology and intelligence company specializing in agribusiness, has secured an impressive $21 million (BRL 100 million) investment. This significant funding catapults the value of the company to approximately $94 million. The investors in this round include prominent figures such as Horácio Lafer Piva (Klabin), Pedro Paulo Campos (JP Morgan, Pátria and Arsenal), Fátima Marques (Hay Group/Korn Ferry), Paulo Hegler (Toledo), Olivier Murguet (Nissan-Renault), KPTL, and FIP Inovabra. Ronaldo Galvani Jr., a well-known investor, has also participated in this funding round.
A Company with a Vision for Sustainable Agriculture
Agrotools has developed innovative solutions to help agriculture customers manage operational risks and opportunities across rural territories. By analyzing over 1,300 layers of data from multiple sources, Agrotools provides valuable insights on the suppliers and customers within a specific rural area. This approach enables compliance with environmental, social, and governance factors, promoting healthy competition.
Expanding Horizons: A Growing Presence in Emerging Markets
The company’s offerings extend to providing financial resources, rural insurance, the purchase of raw materials, sale of inputs, capital markets, and retail. With a significant presence in Brazil’s agriculture sector, which is valued at $24 billion, Agrotools boasts an impressive track record:
- Data analysis: Over 4.5 million rural territories have been analyzed to date.
- Commodity monitoring: The platform monitors over $3 billion in commodities.
- Rural finance portfolios: At least one of its offerings supports approximately $10 billion in rural finance portfolios.
- Monitored agribusiness operations: The company monitors around $20 billion in agribusiness operations.
Strategic Growth and Expansion Plans
The recent funding will be utilized to expand Agrotools’ business into the U.S., Latin America, and other regions. Additionally, the investment will be allocated towards technology development, including artificial intelligence, blockchain, gamification, technology democratization, and satellite data sources. Strategic partnerships and acquisitions are also on the horizon.
A Conversation with Sergio Rocha, CEO of Agrotools
Sergio Rocha, the CEO of Agrotools, shared his vision for transforming global agribusiness through efficiency and sustainability. He emphasized the need to meet Earth’s needs in overcoming climate and food crises using cutting-edge technology.
"We want to change global agribusiness by bringing efficiency and true sustainability," Rocha said via email. "My dream, since the beginning of Agrotools, is to bring about a new era for agriculture."
The company has already made significant strides, including tripling in size during the pandemic. The acquisition of a digital platform from Argentina will support rural producer weather risk management and corporate risk assessment.
Regulatory Support for Fintech and Insurtech Innovation
Brazil’s regulatory environment is poised to drive innovation in fintech and insurtech. Agrotools’ success serves as an example of the potential that can be achieved with the right combination of technology, strategic partnerships, and a clear vision.
Conclusion
Agrotools has made significant strides in revolutionizing agribusiness through its innovative solutions and technology-driven approach. With this latest funding round, the company is well-positioned to expand its presence globally and drive positive change in the agriculture sector.
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