| |
AgrasAI is an AI tailored for
increasing farm profitability and sharing emerging best practices using:
-
farm-field-crop operations data
-
data aggregations and analytics
-
regional agronomist insights
-
LLM's
We work with:
-
agronomists
-
businesses
-
farmers
-
governments
-
non-profits
About
It started with a conversation.
A farmer and family relative in Saskatchewan was discussing innovation on the farm:
- Use an air drill and avoid tillage to reduce CO2 emissions.
- Plant new hybrid seed to increase yield.
- Join a crop pilot program to reduce nitrogen requirement and produce higher yield.
100 farms participated in the pilot, each farm dedicated 40 acres.
We asked:
- What's happening on the non-pilot acres?
- How is each crop performing?
- How is each farm performing?
AgrasAI answers these questions and more.
Business Challenge
A farm is a business, and a farm business wants to know:
- How well is my farm performing?
- Is a farm a profit leader or laggard, and why?
- What are opportunities to optimize costs, improve crop yields, maximize sales, and quantify risk?
Not Business As Usual
One farm is a data silo.
AgrasAI fast forwards beyond the farm data silo to analyze data gathered from many farms.
The benefits of analytics and AI are now available to all farms, big and small.
Leverage actionable insights not available with traditional farm management apps.
A Better AI
A better AI requires better data.
AgrasAI is curating the best farm data to build an AI model of each farm.
Unique Data
AgrasAI gathers data from many farms, aggregates, analyzes, applies ML and AI, and visualizes the results.
We measure each farm's success, deliver clear insights on performance, and offer opportunities for improvement.
Unique Analytics
AgrasAI is new AgTech.
We are the only SaaS solution delivering analytics and AI on data gathered from many farms.
Farm software that does not compete with AgrasAI includes:
- farm management app
- farm ERP
- farm accounting.
Farm management apps and farm ERPs generate data.
AgrasAI harvests data from these for unique insights and profit.
Ideal Customer
Our ideal customer is the family farm: too small for a farm ERP, and winners when fast forwarding to the actionable insights of analytics and AI.
AgrasAI targets family farms through farm accountants, crop associations, and multi-farm businesses.
Cost: $250 per farm per year.
Customer Market Channels
1. Farm Accountants
- A farm accountant serves a local cluster of farms.
- Local farm clusters are priority prospects: they likely share a common soil zone where analytics add maximum value.
2. Crop Associations
- Crop associations are a direct channel to large numbers of farmers.
3. Multi-Farm Business
- A multi-farm business will likely have farm management or farm ERP software.
- Farm management apps and farm ERP system are data sources for AgrasAI.
- For a multi-farm business AgrasAI provides unique analytics, visualizations and reporting.
Market Size
AgrasAI Cost:
- $250 per farm per year
n TAM: number of all farms
n SAM: number of cereal and oilseed farms (C & O)
$ SOM = n SAM x ARR market share percent x AgrasAI cost per year = $ ARR
|
|
n TAM |
n SAM |
$ SOM |
|
|
||
| Country |
Farms |
C & O |
2% |
4% |
6% |
8% |
10% |
| Canada |
189,874 |
65,135 |
325,675 |
651,350 |
977,025 |
1,302,700 |
1,628,375 |
| USA |
1,900,000 |
422,851 |
2,114,255 |
4,228,510 |
6,342,765 |
8,457,020 |
10,571,275 |
| Total |
2,089,874 |
487,986 |
2,439,930 |
4,879,860 |
7,319,790 |
9,759,720 |
12,199,650 |
|
|
|
||||||
| Country |
Farms |
C & O |
12% |
14% |
16% |
18% |
20% |
| Canada |
189,874 |
65,135 |
1,954,050 |
2,279,725 |
2,605,400 |
2,931,075 |
3,256,750 |
| USA |
1,900,000 |
422,851 |
12,685,530 |
14,799,785 |
16,914,040 |
19,028,295 |
21,142,550 |
| Total |
2,089,874 |
487,986 |
14,639,580 |
17,079,510 |
19,519,440 |
21,959,370 |
24,399,300 |
Required Data
AgrasAI gathers what farm accountants call "direct costs" and the Saskatchewan Crop Planning Guide calls "variable expenses".
Currently we don't gather "indirect costs" aka "other expenses".
We also gather seeding rates, fertilizer and pesticide amounts, liters of fuel, crop yields, crop sales and contracts, crop inventory, land lease and land mortgage expenses.
Technical Status
AgrasAI has achieved MVP (minimum viable product) using Microsoft SQL Server and Power BI.
The mobile app will be implemented in React Native. The mobile app is in design.
After 75 weeks of R&D the data risk is off the table.
We are ready for early adopters.
Next Steps
Connect with farmers, farm accountants, crop associations, multi-farm businesses.
Build a quality management team and strategic relationships. Discussions are underway.
Align with investors.
Founder
AgrasAI was founded by Paul Worbey in 2023.
Paul has focused on data and analytics in a career spanning decades.
AgrasAI is data driven, disruptive tech.
Paul's parents are from Saskatchewan where relatives continue to farm.
Careers
Interested in joining a niche analytics and AI startup?
Contact us on LinkedIn.
Local candidates from Calgary, Alberta only please.
OFFER
Crop Farmer
Connect for a FREE trial
Multi-Farm Business
Connect to see your farms on analytics
Farm Accountant
Connect to better serve your farmers
Connect on LinkedIn
CONTACT
AgrasAI is on LinkedIn
A website created in the WebWave website builder.