# Agrolend Credit, Financing and Investment Company S/A

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/agrolend-credit-financing-and-investment-company-s-a

- Industry: Financial Services
- Headquarters: Sao Paulo, Brazil
- Website: www.agrolend.agr.br
- Total disclosed funding: $98M
- Latest round: Series C (Oct 18, 2024)
- Investors on record: 13

## About

Based in Brazil, Agrolend specializes in providing credit and financing solutions for small and medium-sized rural producers, facilitating access to agricultural resources and equipment with a streamlined process.Agrolend Credit, Financing and Investment Company S/A was founded in 2020 in Sao Paulo, Brazil, focusing on financing agricultural inputs and equipment for rural producers. The founders, Andre Glezer, Carlos Fagundes, Leopoldo Vettor, and Valeria Bonadio, have experience in the finance and agricultural sectors. In June 2025, Agrolend SCD SA raised USD 3 million in series C funding from new investor Japan International Cooperation Agency. The round was part of a larger USD 56 million series C funding. Agrolend specializes in providing financial services tailored for small and medium-sized rural producers in Brazil. The company's principal product is the financing of agricultural inputs and equipment, facilitated through strategic partnerships with distributors, cooperatives, and industry players in the agricultural sector. This approach simplifies the procurement process for producers, allowing them to access necessary resources quickly and with minimal bureaucracy. Agrolend's financing is delivered at the point of sale, where funds are directly transferred to partner suppliers upon purchase, thereby ensuring a seamless experience for end-users. The company primarily serves rural producers across Brazil, operating in more than 15 states, and focuses on a diverse client base, including those engaged in various agricultural and livestock sectors.Agrolend generates revenue through the issuance of Agricultural Credit Letters (LCAs), which are attractive investment instruments exempt from income tax and guaranteed by the Credit Guarantee Fund (FGC) up to specified limits. The transactional structure involves partnerships with small to medium investors who acquire these LCAs via digital investment platforms. When a rural producer purchases agricultural inputs or equipment, Agrolend finances the transaction, thus facilitating a direct payment to suppliers. This model fosters continuous revenue generation linked to the volume of financing provided. Each successful transaction contributes to the overall financial ecosystem, supporting the growth of rural producers while attracting further investment from a diverse base of stakeholders. In the most recent year reported, Agrolend recorded an EBITDA of USD -1,669.90.In October 2024, Agrolend raised USD 53.00 mn in Series C funding to expand its credit offerings to industries, retailers, and cooperatives. The company aims to grow its credit portfolio to USD 600 mn and serve approximately 10,000 small and medium-sized farmers across Brazil. The company will use the June 2025 funding for further growth and development.

## Funding rounds

- Series C, Oct 18, 2024, $53M — Norinchukin Bank, Continental Grain Company, Creation Investments Capital Management, Lightrock, Valor Capital Group, SP Ventures, Barn Investimentos, Provence Capital, Yara Growth Ventures, Vivo Ventures, L4 Venture Builder
- Series B, Nov 3, 2022, $29M — Continental Grain Company, Lightrock, Valor Capital Group, SP Ventures, Barn Investimentos, Provence Capital, Yara Growth Ventures, Mago Capital
- Series A, Jan 19, 2022, $15M — Continental Grain Company, Valor Capital Group, SP Ventures, Barn Investimentos, Provence Capital
- Seed, Mar 30, 2021, $1.8M — SP Ventures, Barn Investimentos, Provence Capital, Conti Ventures

## Investors

- SP Ventures (https://capitalatlas.ai/funds/sp-ventures) — Seed, Series A, Series B, Series C
- Barn Investimentos (https://capitalatlas.ai/funds/barn-investimentos) — Seed, Series A, Series B, Series C
- Provence Capital (https://capitalatlas.ai/funds/provence-capital) — Seed, Series A, Series B, Series C
- Conti Ventures — Seed
- Continental Grain Company (https://capitalatlas.ai/funds/continental-grain-company) — Series A, Series B, Series C
- Valor Capital Group (https://capitalatlas.ai/funds/valor-capital-group) — Series A, Series B, Series C
- Lightrock (https://capitalatlas.ai/funds/lightrock) — Series B, Series C
- Yara Growth Ventures — Series B, Series C
- Mago Capital — Series B
- Norinchukin Bank — Series C
- Creation Investments Capital Management (https://capitalatlas.ai/funds/creation-investments-capital-management) — Series C
- Vivo Ventures (https://capitalatlas.ai/funds/vivo-ventures) — Series C
- L4 Venture Builder (https://capitalatlas.ai/funds/l4-venture-builder) — Series C