Agrolend

Agrolend is a fintech startup that aims to revolutionize the agribusiness sector for small and medium size farmers in Brazil.

Agrolend's digital process eliminates bureaucracy and was designed to simplify the life of those who are in the countryside, in all regions of Brazil and in different cultures.

Agrolend was founded in 2020 by Andre Glezer and Alan Glezer, with co-founders including Valéria Bonadio, Leopoldo Vettor, and Carlos Fagundes. The company is headquartered in São Paulo, Brazil.

 

Agrolend connects small- to medium-sized farmers with credit. The platform is entirely digital, which lets farmers bypass some of the bureaucratic barriers they typically face when seeking credit.

 

Agrolend uses cutting edge technology and an innovative credit analysis, to provide loans without any physical guarantees such as farms or grains. Agrolend partners with traditional ag input resellers like Syngenta and BASF and deposits credit with them.

 

Agrolend is backed by Valor Capital Group, Continental Grain Company, SP Ventures, Provence Capital, Itaú Asset, Verde Asset, and others. The company raised $21M in Series A, including a $14M in equity and a $7M in debt financing on Jan 19, 2022. This brings Agrolend's total funding to $42.7M to date.

 

 

 

  • Year founded: 2020
  • Funding Info: $42.7M over 4 Rounds (Latest Funding Type: Debt)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: São Paulo
  • State: São Paulo
  • Country: Brazil
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