TRAG

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

Specialty Solutions Startup 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