Agritask secures $8.5M in ag-insurance-oriented financing round to enhance data analytics features
With proceeds from the latest financing, Agritask will grow its farmer client base in the United States to improve the well-being of farmers, as well as environmental sustainability and food safety.
Agritask, Israel, completed an $8.5 million Series A financing round, led by the InsuResilience Investment Fund, Switzerland, and co-invested by Barn Investimentos, Brazil. The InsuResilience Investment Fund was set up on behalf of the German government by KfW and is managed by Switzerland-based BlueOrchard Finance.
Agritask developed a flexible and integrative data-driven software platform for agronomic management. With a “one platform, one database” approach, it provides a holistic solution to support real-time decision-making. The platform can integrate with over 40 hardware and software data sources, and supports the entire agricultural production process, ranging from soil fertility management and growth monitoring to harvest logistics.