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§ Private Profile · Guelph, ON, Canada
Ontario government agency delivering agricultural risk management programs, including crop insurance & income stabilization, for farmers.
Agricorp is a provincial crown corporation based in Guelph, Ontario, Canada, that delivers government-mandated risk management and business support programs to the agricultural sector. The agency employs approximately 400 people and serves over 14,000 agricultural producers operating across the province. It underwrites between $6 billion and $8 billion in risk annually by providing crop insurance, income stabilization, and direct financial assistance to help farmers navigate weather events, disease outbreaks, and market volatility. Recently, the entity began administering the provincial portion of the Sustainable Canadian Agricultural Partnership, a five-year federal-provincial funding initiative. Agricorp operates in partnership with recognizable government entities, including the Ontario Ministry of Agriculture, Food and Rural Affairs and Agriculture and Agri-Food Canada, while being led by Chief Executive Officer Doug LaRose. The organization was founded in 1997 by the Government of Ontario.
Agricorp has raised $17.5M across 1 funding round.
Agricorp has raised $17.5M in total across 1 funding round.
Agricorp has raised $17.5M in total across 1 funding round.
Agricorp's investors include Vami Nigeria, AFEX, One Capital.
Agricorp has raised $17.5M across 1 funding round. Most recently, it raised $17.5M Series A in October 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 18, 2021 | $17.5M Series A | Vami Nigeria | Afex, ONE Capital | Announced |