Instacrops
Instacrops, headquartered in Santiago, Chile, provides IoT sensors and a simple dashboard to help farmers maximize crop yield, achieving an average increase of 12% across 300+ farms in Latin America.
Company History
Instacrops is headquartered in Santiago, Santiago Metropolitan Region, Chile. The company has a team size of 34 members and operates in the Industrials and Agriculture industries. As a participant in Y Combinator's S21 batch, Instacrops has positioned itself at the growth stage of development. The company operates across various regions, including Chile, Latin America, and remote or partly remote areas.
Products and Technology
Instacrops offers an AI-based application that serves as a virtual agricultural advisor providing comprehensive real-time field monitoring. The technology incorporates IoT sensors deployed in the field, which combine data with satellite and drone analytics to give detailed insights into farm health. This helps in detecting issues related to water, irrigation, nutrients, pests, and diseases. Instacrops also provides a simple dashboard that aids farmers in maximizing their crop yield.
Services
Instacrops provides services aimed at helping farmers increase their crop yield by an average of 12%. Their platform utilizes IoT sensors and advanced analytics to deliver actionable insights. Additionally, the company offers a demo for interested clients. Instacrops is operational on over 300 farms across Latin America and has more than 300 clients and 1200 connected devices.
Market and Financial Performance
Instacrops targets the 2.9 billion acres of farmland in Latin America, representing a $50 billion market. The company has achieved more than $200,000 in monthly revenue, with a growth rate of 2X YoY. Their solutions are designed to cater to the needs of the agricultural sector in Latin America, contributing to the company's significant presence in 8 countries across the region.
Innovative Agricultural Solutions
Instacrops leverages advanced technology to offer innovative agricultural solutions. Their dashboard provides valuable insights, helping farmers optimize their operations. By combining IoT sensors with satellite and drone data, Instacrops empowers farmers with real-time information critical for making informed decisions. This approach has been key to their operational success and expansion in Latin America.
