# AgroScout

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

- Industry: Agribusiness
- Headquarters: Israel
- Website: www.agro-scout.com
- Total disclosed funding: $7.5M
- Latest round: Series A (Aug 4, 2021)
- Investors on record: 4

## About

AgroScout Ltd. is an agricultural technology firm specializing in precision agriculture solutions that optimize crop management through advanced data analytics and satellite imagery, supporting farmers in enhancing yield efficiency.Founded in 2017, AgroScout Ltd. is based in Israel and focuses on providing technological solutions for agriculture. The company has evolved its business strategy but there are no specific pivots noted. Simcha Shore serves as both the founder and CEO. AgroScout has successfully raised USD 7.5 mn in Series A funding on August 4, 2021, led by Kibbutz Yotvata, with participation from Agriline Ltd and Trendlines Group. The total amount raised since inception is USD 7.5 mn, with four deals completed to date.AgroScout specializes in providing advanced agricultural technology solutions aimed at optimizing crop management and boosting yield efficiency. Their core offerings include precision agriculture tools that leverage satellite imagery and data analytics to deliver actionable insights for farmers. These tools assist in monitoring crop health, predicting pest infestations, and facilitating timely interventions, addressing critical challenges in agriculture such as resource waste and declining yields. AgroScout serves a diverse clientele that includes large-scale agricultural producers, cooperatives, and agritech firms primarily in key agricultural markets in North America, Europe, and parts of Asia.AgroScout generates revenue through a subscription-based model, where clients pay recurring fees to access their suite of precision agriculture solutions. This structure typically involves annual or monthly subscriptions granting users access to the platform's features, updates, and customer support. Additionally, AgroScout may establish partnerships with agricultural cooperatives, serving as important channels for distributing their services to a broader audience of farmers. The pricing plans are structured around specific services utilized, such as crop monitoring and pest prediction, and may vary based on the scale of the operation and the depth of analysis required.AgroScout Ltd. intends to utilize the recent funding of USD 7.5 mn to expedite the development of its artificial intelligence (AI) cloud platform for remote agronomy, enhancing its accessibility to the 500 million mostly unserved farms worldwide. The company is also exploring plans to expand into new markets, specifically targeting regions in North America and Europe by 2023, with upcoming product launches aimed at further boosting their service offerings.

## Funding rounds

- Series A, Aug 4, 2021, $7.5M — Trendlines Group, Kibbutz Yotvata, Agriline Ltd
- Seed, Apr 6, 2020 — Trendlines Group, ExitValley, Agriline Ltd

## Investors

- Trendlines Group (https://capitalatlas.ai/funds/trendlines-group) — Seed, Series A
- ExitValley — Seed
- Agriline Ltd — Seed, Series A
- Kibbutz Yotvata — Series A