# Auravant

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

- Industry: Agribusiness
- Headquarters: Buenos Aires, Argentina
- Website: www.auravant.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Feb 19, 2018)
- Investors on record: 2

## About

Auravant is a precision agriculture platform that enhances agricultural operations through integrated data management and analytics, enabling farmers and agribusinesses to improve productivity and sustainability.Founded in 2014 in Buenos Aires, Argentina, Auravant provides a platform for precision agriculture, focusing on data-driven solutions for farming. The company was co-founded by Leandro Sabignoso and Nicolás Larrandart. In June 2021, Auravant raised EUR 1.6 million in funding, led by GoHub Ventures with participation from several investors including Addenda Capital and The Yield Lab. The total amount raised to date is EUR 1.6 million, with two deals recorded.Auravant offers a comprehensive precision agriculture platform designed to optimize agricultural operations. The core product integrates data management, field monitoring, and resource performance analytics into a single solution, catering to farmers and agribusinesses aiming to improve productivity and sustainability. The platform provides functionalities such as satellite imagery for anomaly detection, task assignments, and real-time field tracking, which aid in making informed decisions regarding crop management. Auravant's customer base includes agronomists, agricultural consultants, and farming enterprises from diverse geographical markets, including Argentina, Brazil, and Spain, where they employ the platform to streamline operations and enhance efficiency in resource usage.Auravant's revenue model is based on subscription services tailored to both individual users and organizations within the agricultural sector. Customers typically engage in contracts that grant access to the platform's features, which can include various add-ons like advanced analytics and customized reporting tools. The pricing structure is designed to accommodate varying levels of service, ensuring scalability according to the size and requirements of the user’s agricultural operations. Such arrangements foster long-term partnerships between Auravant and its clients, enabling consistent revenue generation through ongoing subscription agreements as clients utilize the platform for operational enhancements.In June 2021, Auravant raised EUR 1.6 million in venture funding led by GoHub Ventures, with participation from Kamay Ventures, Latam Angels, and other investors. The company plans to use this funding to increase its turnover, expand its professional team, and strengthen its operations in Spain and Latin America. Future plans include the design and launch of new products, although specific details and release dates have not yet been disclosed, alongside expansion into additional markets targeting growth in the agricultural sector.

## Funding rounds

- Seed, Feb 19, 2018, $0.3M — NESsT, Glocal

## Investors

- NESsT — Seed
- Glocal (https://capitalatlas.ai/funds/glocal) — Seed