# Agremo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/agremo

- Industry: Software
- Headquarters: Belgrade, Serbia
- Website: www.agremo.com
- Latest round: Series A (Aug 1, 2021)
- Investors on record: 1

## About

Agremo Ltd. specializes in precision agriculture solutions, leveraging AI, drone imagery, and satellite data to enhance crop monitoring and analytics for agricultural professionals.Founded in 2015, Agremo Ltd. is located in Belgrade, Serbia, and provides analytics solutions for the agricultural sector. The company was co-founded by Milan Dobrota, Nebojsa Pavicic, and Rastko Carapi. Agremo raised USD 0.60 mn in its latest funding round led by South Central Ventures on August 1, 2021, as part of its Series A funding. The company has completed 2 deals to date and has not undergone any significant business pivots or mentioned subsidiaries.Agremo offers an advanced field analytics platform designed for precision agriculture, utilizing AI, drone imagery, and satellite data to provide actionable insights for crop processors, growers, agronomists, and agricultural consultants. Their core products include crop monitoring, field trials, and plant counting tools, enabling users to assess plant health, stand counts, weed zones, and variance in crop vigor across fields. The platform is operational in various geographical markets, including North America, Europe, Latin America, and parts of Africa, serving a diverse clientele that includes crop protection companies, seed manufacturers, and agricultural service providers.In 2023, Agremo reported a revenue of USD 643,185.60 with an EBITDA of USD -613,890.30. The company generates revenue primarily through subscription-based services tailored for agricultural professionals and enterprises, with clients typically engaging in annual contracts for comprehensive monitoring of crop health and productivity.Agremo plans to expand its product offerings with new features and capabilities aimed at improving data analytics for crop management. The company targets expansion into additional markets within Southeast Asia and Australia by the end of 2023. The recent funding of USD 0.60 mn will be utilized to support these growth initiatives, focusing on product development and market entry strategies to enhance their footprint in the agricultural technology sector.

## Funding rounds

- Series A, Aug 1, 2021 — YAS Investments

## Investors

- YAS Investments (https://capitalatlas.ai/funds/yas-investments) — Series A
