# TRAG

> Parametric climate insurance for Brazilian agribusiness, powered by satellite data and AI\.

## At a glance

| Field | Value |
| --- | --- |
| Category | Specialty Solutions |
| Type | Solutions Provider |
| Region | LATAM |
| Headquarters | Sao Paulo, Brazil |
| Founded | 2024 |
| Stage | Startup |
| Employees | 1-10 |
| Funding | Seed |

## Overview

TRAG is a parametric insurance platform for agricultural producers, distributors, and brokers in Brazil. The company structures index-based climate coverage for grain crops including soybeans, corn, cotton, and coffee, targeting mid-sized agribusiness operations that historically lacked access to affordable agricultural insurance.

The platform combines satellite imagery -- including data from NASA-developed programs -- with proprietary AI models to assess climate risk and automate policy terms. Coverage is triggered by predefined atmospheric conditions rather than physical loss inspection, enabling claim settlements without on-site expert assessment. Policies are available for periods spanning 30, 60, or 90 days, phenological stages, or full crop cycles.

Founded in 2024 and backed by DOMO.VC, TRAG has raised R$4.5M in seed capital across two tranches. As of 2025, the platform covers over 200,000 validated hectares and R$200M in agricultural risk across eight Brazilian states. The company has set a target of R$500M in protected risk within 24 months and plans to expand into Argentina and Paraguay.

## Products & services

### Parametric Agricultural Insurance Platform

TRAGs core product is an index-based climate insurance solution for agricultural operations in Brazil. The platform uses satellite and atmospheric data to define risk parameters and automatically trigger payouts when threshold conditions are met.

**Key features:**

- Automatic payout triggered by objective, satellite\-verified climate conditions \-\- no loss adjuster required
- Coverage for soybeans, corn, cotton, and coffee crops
- Flexible policy terms: 30\-, 60\-, 90\-day windows, phenological stages, or full crop cycles
- Real\-time risk assessment using satellite imagery and AI\-driven atmospheric analysis
- Auditable, public\-data\-based underwriting for transparent claims resolution

*Target users:* Grain producers, agribusiness input distributors, cooperatives, and insurance brokers

## Category & focus

- Subcategories: Parametric Insurance, Agricultural Insurance, Climate Risk
- Insurance verticals: Specialty/E&S, P&C Commercial
- Target customers: Carriers, Brokers, MGAs/MGUs, Agents/Agencies

## Notable customers

- Grain producers across 8 Brazilian states \(soy, corn, cotton, coffee\)
- Agribusiness input distributors \(revendas\)
- Insurance brokers and cooperatives

## Links

- Website: <https://www.trag.agr.br>
- Directory profile: <https://insurtechlist.com/companies/trag/>

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*Last updated: 2026\-06\-25*