# Crop Pro Insurance Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/crop-pro-insurance-services

- Industry: Insurance
- Headquarters: Johnston, US
- Website: www.croppro.com
- Total disclosed funding: $8M
- Latest round: Series A (Aug 8, 2017)
- Investors on record: 3

## About

Crop Pro Insurance Services, Inc. specializes in agricultural insurance solutions, offering innovative services that enhance crop management and risk mitigation for farmers and agribusinesses.Founded in 2013 in Johnston, US, Crop Pro Insurance Services, Inc. focuses on agricultural risk management. The company has received a total of USD 8.00 mn in funding, primarily from its Series A round in August 2017, led by Finistere Ventures and S2G Ventures, with participation from GuideOne Insurance Company. The firm has completed one deal to date.CropPro specializes in providing innovative solutions tailored for the agricultural sector, focusing on crop management and optimization. Their core product offerings include advanced data analytics tools designed to enhance farming efficiency, improve yield predictions, and optimize resource allocation. By leveraging technology such as machine learning and satellite imagery, CropPro enables farmers and agricultural businesses to make informed decisions that directly impact their operational success. The company serves a diverse clientele, including individual farmers, agricultural cooperatives, and large agribusinesses in markets such as North America, Europe, and parts of Asia. The end users of CropPro's services benefit from improved crop health monitoring and precision agriculture techniques, ultimately leading to increased productivity and sustainability in their farming practices.CropPro generates revenue through a subscription-based model, offering tiered pricing plans that cater to various customer needs within the agricultural industry. Clients can subscribe to different service levels, which may include access to premium data analytics tools, personalized consulting, and ongoing customer support. For example, agricultural cooperatives and larger farming operations may opt for comprehensive packages that include advanced features and analytics, while smaller farms may choose more basic access. This structure facilitates recurring revenue and establishes long-term relationships with clients, ensuring they receive ongoing value and support for their agricultural endeavors. Additionally, CropPro may engage in partnerships with agricultural technology providers to enhance their service offering, further solidifying their role in the industry.In August 2017, Crop Pro Insurance raised USD 8.00 mn in Series A financing to support the development of new products aimed at enhancing their service offerings. The company plans to expand into new markets across Europe and parts of Asia by 2025, leveraging its recent funding to enhance product features and increase market penetration. The insights gained from the additional funding will also be utilized to optimize existing services and solidify CropPro's position within the agricultural technology landscape.

## Funding rounds

- Series A, Aug 8, 2017, $8M — Finistere Ventures, S2G Ventures, GuideOne Insurance Company

## Investors

- Finistere Ventures (https://capitalatlas.ai/funds/finistere-ventures) — Series A
- S2G Ventures (https://capitalatlas.ai/funds/s2g-ventures) — Series A
- GuideOne Insurance Company — Series A