Agtools provides a SaaS platform delivering business-critical, real-time market intelligence for more than 500 specialty crops. Its analytics surface indicators such as crop volumes, weather, pricing, exchange rates, logistical costs, market disruptors and macroeconomic factors to help producers and buyers optimize decisions. The analytics are built from three decades of historical statistics, more than 6.1 billion data points and over 50 years of global weather patterns, processed through patented machine-learning methods at up to one billion transactions per second. Customers include large and small produce retailers, farmers and fresh-produce wholesalers who receive tailored information from a single platform. The company has been described as the Bloomberg and Reuters of the food industry. Reinventure Capital invested as lead investor in Agtools' Series Seed-2 financing. AgTools operates a SaaS-based data platform for commodities that delivers volume and price insights to growers, shippers, traders and buyers. The company positions its product to help farmers understand global market variables that affect local decision-making beyond yield and cost metrics. As a winner of the Radicle Inclusion Challenge, AgTools will gain access to Radicle Growth’s company-building platform and a network of industry mentors. The investment and strategic support are intended to accelerate customer adoption and scale the company’s market-intelligence capabilities. Financially, AgTools secured a USD $250,000 investment through the Challenge. The company and its team will also benefit from exposure to Nutrien and Radicle Growth senior leadership and partners. Agtools is a B2B SaaS platform that consolidates complex agriculture and market data into a single dashboard. The company serves farmers, shippers, freight companies, and retailers, supplying data designed to increase profitability and reduce food waste. Agtools uses proprietary technology to streamline and present fragmented market and agricultural datasets in an all‑in‑one interface. The article reports an investment in Agtools by Ideaship. Ideaship is described as a patent‑leveraged venture capital firm that provides patent development support to early‑stage startups. No operating metrics or financial details are provided in the article.

Total raised

$0M

Funding rounds

3

Latest round

Equity

Latest activity

Oct 2022