# Agrosmart

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/agrosmart-s-a

- Industry: Software
- Headquarters: Sao Paulo, Brazil
- Website: www.agrosmart.com.br
- Total disclosed funding: $6.8M
- Latest round: Series A (Aug 9, 2019)
- Investors on record: 5

## About

Agrosmart S.A. delivers advanced agricultural technology solutions, focusing on productivity and sustainability through innovative digital platforms for farmers and agricultural businesses.Founded in 2014 in Sao Paulo, Brazil, Agrosmart S.A. specializes in agricultural technology solutions. The firm, co-founded by Mariana Vasconcelos and Thales Nicoleti, has conducted 5 deals with significant changes in their strategic approach. The latest funding round, Series A, took place in August 2019, raising BRL 22.000 mn, with investors including Bradesco Asset Management, Positivo Venture, and SP Ventures. Agrosmart has its headquarters in Sao Paulo and operates globally to support agricultural clients in Brazil, Paraguay, and Argentina.Agrosmart specializes in advanced agricultural technology solutions aimed at enhancing productivity and sustainability within food systems. The company’s primary offerings include the BoosterAGRO app and the Agrosmart Nexus platform, which integrate climate intelligence and supply chain management tools to provide actionable insights for farmers and agricultural businesses. These solutions allow users to monitor climatic conditions, manage irrigation practices, and assess various environmental and governance indicators to optimize agricultural performance. The technology is tailored for diverse crops, including citrus fruits, coffee, blueberries, soybeans, coconuts, and açaí, serving farmers and agricultural cooperatives primarily in Brazil, Paraguay, and Argentina. Agrosmart's clientele ranges from individual farmers to large agricultural enterprises, positioning the company as a key player in the digital transformation of agriculture in Latin America.In the most recent fiscal year of 2020, Agrosmart generated revenue of BRL 437218.1 with an EBITDA of BRL -1361403.9, primarily through subscription-based models for its digital platforms targeting agricultural businesses. Clients subscribe annually to access the services provided by the BoosterAGRO app and Agrosmart Nexus, which include climate intelligence and supply chain optimization tailored to various tiers that meet the needs of both smallholder farmers and larger agribusinesses.Agrosmart plans to enhance its product offerings with new features in the BoosterAGRO app and Agrosmart Nexus, although specific release dates have not been announced. The company aims to expand its presence in Latin America, targeting new markets by 2023. Recent funding from the Series A round will be utilized to support these initiatives and improve service delivery. In August 2019, significant stakeholders exited their investments in Agrosmart, indicating potential shifts in the company's strategic direction.

## Funding rounds

- Series A, Aug 9, 2019, $5.5M — Bradesco Asset Management, SP Ventures, Positivo Venture
- Seed, Apr 24, 2018 — Thrive
- Seed, Jul 13, 2016, $1.2M — SP Ventures, Baita Aceleradora

## Investors

- SP Ventures (https://capitalatlas.ai/funds/sp-ventures) — Seed, Series A
- Baita Aceleradora — Seed
- Thrive (https://capitalatlas.ai/funds/thrive) — Seed
- Bradesco Asset Management — Series A
- Positivo Venture — Series A