# Ucropit

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

- Industry: Software
- Headquarters: Buenos Aires, Argentina
- Website: www.ucrop.it
- Total disclosed funding: $1.1M
- Latest round: Seed (Dec 23, 2020)
- Investors on record: 4

## About

Based in Argentina, Ucropit LLC operates as a provider of solutions that enhance and verify sustainable agricultural practices, contributing to a more sustainable food system on a global scale.Founded in 2018 in Buenos Aires, Argentina, Ucropit LLC specializes in sustainable agricultural solutions. The company was co-founded by Diego Hoter, who has extensive experience in the field. Ucropit has completed a total of 3 deals, with its most recent funding round occurring on June 25, 2022, where it raised USD 3.1 mn in pre-Series A funding led by returning investors Yugen Partners and The Yield Lab, alongside participation from Closed Loop Partners, Harris Investment Group, and Glocal.Ucropit LLC specializes in providing solutions that enhance and verify sustainable agricultural practices globally. Their primary offerings include Verified Landscape Compliance analysis, which aligns with international standards aimed at preventing deforestation, and the Crop Story™ MRV (Measurement, Reporting, and Verification) system for implementing large-scale sustainable agricultural programs. These products serve over 100 companies needing access to verified sustainable crops, along with farmers and agricultural operators across 10 countries, ensuring traceability from farm to value chain.Ucropit generates revenue through a combination of subscriptions and partnership agreements with businesses aiming to adopt sustainable agricultural practices. Clients utilize tools like the Verified Landscape Compliance analysis and the Crop Story™ MRV to meet sustainability metrics. This revenue structure includes fees for comprehensive analytics, performance assessments, and the verification of sustainable practices, supported by contracts with over 100 companies that ensure consistent service delivery tailored to client needs.In June 2022, Ucropit LLC raised USD 3.1 mn in pre-Series A funding, which will be used to enhance its platform, build new value-chain alliances, and expand regionally. The company aims to develop new products that will address emerging sustainability challenges while strategically targeting expansion into new markets in Latin America by late 2023.

## Funding rounds

- Seed, Dec 23, 2020, $1.1M — The Yield Lab, Closed Loop Partners, Yugen Partners, Red Surcos S.A.

## Investors

- The Yield Lab (https://capitalatlas.ai/funds/the-yield-lab) — Seed
- Closed Loop Partners (https://capitalatlas.ai/funds/closed-loop-partners) — Seed
- Yugen Partners (https://capitalatlas.ai/funds/yugen-partners) — Seed
- Red Surcos S.A. — Seed
