Agrosmart is a technology company.
Agrosmart is a leading climate intelligence platform in Latin America, providing data and insights to enhance food production efficiency, sustainability, and climate resilience.
Agrosmart has raised $16.1M across 5 funding rounds.
Agrosmart has raised $16.1M in total across 5 funding rounds.
Agrosmart has raised $16.1M in total across 5 funding rounds.
Agrosmart's investors include SP Ventures, SVG Ventures-THRIVE.
AgroSmart is a Brazil-based agtech company founded in 2014 that builds digital platforms for precision agriculture, focusing on climate monitoring, irrigation management, and ESG reporting to boost farm productivity and sustainability. It serves over 100,000 farmers, producers, consultants, cooperatives, agro-industries, and corporations like Cargill, Coca-Cola, and Nestlé across Latin America, addressing challenges like water scarcity, heat stress, and climate risks by using sensors, drones, satellites, AI, and agronomic models to cut water use by up to 60% and energy by 20%.[1][2][3][6] The company's growth includes acquiring BoosterArgo in 2021 to become Latin America's largest agricultural data network, with SaaS subscriptions, sensor services, and custom corporate projects driving momentum toward climate-resilient food systems.[2][4][6]
AgroSmart was co-founded in 2014 in São Paulo, Brazil, by Mariana Vasconcelos (CEO), who drew from her six years as a global ambassador at food startup incubator Thought for Food and her role as a columnist at climate magazine Um Só Planeta.[2][4] Vasconcelos's background in IoT and AI for industrial applications pivoted to agriculture—Brazil's economic pillar—after recognizing the need for data-driven tools amid climate change and food accessibility issues.[4] Early traction came from deploying soil sensors, drones, and satellite data into algorithms for precise planting recommendations, quickly scaling to support 100,000 Latin American farmers and attracting corporate clients for supply chain tracking.[2][3]
(Note: A separate AgroSmart entity in Bosnia focuses on AI wheat yield prediction via image analysis, but context points to the Brazil-based leader.[5])
AgroSmart rides the precision agriculture wave, leveraging IoT, AI, and big data to transform traditional farming amid climate change, population growth, and resource scarcity in developing regions like Latin America and Africa.[1][2][3] Timing aligns with global pushes for sustainable food systems—e.g., UN climate goals—where limited infrastructure amplifies the need for affordable, actionable agronomic data.[3] Market forces like corporate ESG demands (from Nestlé, Cargill) and regulatory pressures favor its value chain monitoring, influencing ecosystems by aggregating farmer data for collective insights, reducing emissions, and enabling resilient supply chains.[2][4][6]
AgroSmart is poised to embed finance via Booster Bank (launched ~2022) and explore impact investing/ESG funds, accelerating tech adoption for sustainable practices.[4] Trends like AI-blockchain integration, insurance-linked risk models, and expansion to new crops/regions will shape its path, potentially scaling beyond Latin America to global smallholder markets.[3][5] Its influence may evolve from farm-level optimizer to food system orchestrator, empowering farmers and corporations to turn agriculture into a climate ally—building directly on its mission to make crops more productive, efficient, and resilient.[2][6]
Agrosmart has raised $16.1M across 5 funding rounds. Most recently, it raised $6.0M Series A in September 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2019 | $6.0M Series A | SP Ventures, SVG Ventures-THRIVE | |
| Mar 1, 2019 | $5.0M Series A | SP Ventures, SVG Ventures-THRIVE | |
| Apr 1, 2018 | $100K Seed | SVG Ventures-THRIVE | |
| May 1, 2017 | $4.0M Seed | SP Ventures, SVG Ventures-THRIVE | |
| May 1, 2016 | $1.0M Seed | SP Ventures, SVG Ventures-THRIVE |