AgroScout

Company Overview

Snapshot

Founded in March 2017 by Simcha Shore, AgroScout operates with 11–50 employees. The company has raised $11.34 million across 5 funding rounds from 6 investors. In January 2022, AgroScout acquired the assets of TerrAvion to enhance its agro data management capabilities.

Business overview

AgroScout develops crop intelligence solutions leveraging AI-based analytics and data collection to assist agricultural organizations. Its core technology provides action-oriented reports on crop health and potential supply risks through web and mobile dashboards, helping to reduce costs and optimize supply chain planning. The company serves the agriculture industry, operating within the Agriculture & Food Technologies sector, with a focus on precision agriculture, smart farming, and sustainable farming.

Strategic signal

In January 2022, AgroScout acquired the assets of TerrAvion, a move that significantly broadens its imagery capabilities in agro data management. This strategic acquisition signals AgroScout's commitment to enhancing its AI-driven crop intelligence solutions, offering investors a view into the company's aggressive growth strategy and its intent to solidify its position in the precision agriculture market by integrating advanced data collection technologies.

Company Intelligence Q&A

What is AgroScout's primary focus?

AgroScout develops AI-based crop intelligence solutions designed to help agricultural organizations reduce costs and optimize their supply chain planning and execution.

When did AgroScout acquire TerrAvion's assets?

In January 2022, AgroScout acquired the assets of TerrAvion to broaden its imagery capabilities in agro data management.

What was a significant funding event for AgroScout?

In August 2021, AgroScout raised $7.5 million to expand its AI-based agronomy analytics service. Kibbutz Yotvata was a lead investor in this round.

What technology does AgroScout utilize?

AgroScout uses data collection and AI-based analytics, including artificial intelligence and computer vision, to provide reports on field crop health and potential supply risks.

Which markets does AgroScout serve?

AgroScout serves geomarkets including the United States, Africa, Ireland, South America, Ukraine, Netherlands, Brazil, Israel, and Spain.