AgroScout

Based in Israel, AgroScout offers farmers a crop monitoring platform that uses  AI and images from drones. The web and mobile app-based platform provides  farmers insights on crop diseases, pest tagging, and canopy coverage solutions to improve yield and reduce pesticide usage. It also provides information on plant development using Normalized Difference Vegetation Index (NDVI), which measures how plants reflect different light waves. AgroScout also develops autonomous remote sensing algorithms for drones, which are capable of covering 100-125 acres of farm or roughly 10,000 plants in a 20-minute session, to autonomously capture images and data for the company’s analytics software. 

AgroScout offers its service using a subscription-based model (billed annually), via three plans: Pro (USD 99/month), Advanced (USD 490/month), and Enterprise (pricing based on customized requests). The company adopts a go-to-market strategy for its services, targeting farmers, scouting companies, chemical distributors, remote sensing companies, and the government. As of May2022, AgroScout managed farm projects in the US, Brazil, and Mexico and claims to have increased crop yields by 10% and reduced usage of chemical inputs and irrigation fertilizer by 10% using their solution.

In January 2022, AgroScout acquired the assets and clients of TerrAvion, an image delivery service provider for farms. The acquisition is expected to strengthen the aerial imaging capabilities as well as benefit customers with a combined portfolio of AgroScout’s precision agriculture services with TerraVion’s satellite and aerial imagery capabilities, including its main service “OverView”. OverView delivers images overnight and throughout the growing season to monitor the growth and development of crops, along with synthetic maps and analysis. The analysis allowed crop growers to track crop growth and associated productivity and profitability.

Key customers and partnerships

In May 2023, The company has partnered with potato growers in the US to offer a complete solution for collecting and analyzing data during the entire potato growth cycle. 

AgroScout entered into a product development partnership with Oracle, a cloud-based infrastructure services provider, for the latter’s cloud infrastructure for AgroScout’s web and mobile apps (August 2021). The company is also in a customer partnership with PepsiCo, where it ran a pilot project for its drone-based crop protection solution for PepsiCo in Brazil. The company also partnered with potato growers in the US to offer a complete solution for collecting and analyzing data during the entire potato growth cycle. 

AgroScout raised USD 7.5 million in a Series A funding round led by Kibbutz Yotvata. The funding supported the development of AgroScout’s AI cloud platform.