Picsel offers a platform where farmers can quote and contract crop insurance, monitor and adjust claims.
Picsel is the first 100% digital crop insurer approved in the Brazilian insurance regulatory sandbox. Our mission is to deliver crop insurance all over the country to every farmer that needs protection and is not covered by insurance companies. Our products tackle the low demand for crop insurance in Brazil due to non-meeting needs of the traditional products, high cost, even after government subsidy, lack of historical farm-level data, limited geographical operation by the traditional companies, high bureaucracy and inefficiency. We bring the customer a new and smooth experience based on product customization, ease of access, agility, security, with a price that suits his pocket and his risk. We offer multi-peril crop insurance products to soybean, corn and wheat. All the steps starting at the quotation through claim adjustment are digital.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 1, 2022 | Pre-seed | R$1.30M | 1 | Fundação de Amparo à Pesquisa do Estado de SP | — | Detail |
Jul 1, 2022 | Pre-seed | R$1M | 1 | Fundação de Amparo à Pesquisa do Estado de SP | — | Detail |
Dec 19, 2021 | Pre-seed | R$1.20M | 1 | Fundação de Amparo à Pesquisa do Estado de SP | — | Detail |
Nov 9, 2021 | Pre-seed | R$384K | 1 | Poli Angels | — | Detail |
Nov 1, 2020 | Pre-seed | R$200K | 1 | Fundação de Amparo à Pesquisa do Estado de SP | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Fundação de Amparo à Pesquisa do Estado de SP | Yes | Pre-seed |
Poli Angels | Yes | Pre-seed |