Agrails
OperatingAI and satellite platform giving insurers, banks and carbon finance providers verified climate risk data for agriculture.
- AgriTech
- Nairobi, Kenya
- Founded 2023
- agrails.com ↗
About Agrails
Agrails is a climate intelligence platform for agricultural finance. It combines generative AI with satellite verification, which it reports as 95% accurate, so insurers, banks and carbon finance providers can monitor agricultural risk portfolios, reduce basis risk, cut costs by more than 70% and release payouts in minutes rather than months. The company describes the product as a financial operating system for a climate-native world and positions it for use across borders. Agrails is based in Nairobi, Kenya.
Agrails was founded in 2023 by Mwenda Mugendi. It is part of the Catalyst Fund's climate portfolio, joined Cohort 1 of Accelerate Africa in 2024, and is backed by Catalyst Fund, Persistent Energy and TLcom Capital.
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Frequently asked about Agrails
- Where is Agrails based and when was it founded?
- Agrails is headquartered in Nairobi, Kenya and was founded in 2023.
- What sector is Agrails in?
- Agrails operates in AgriTech, InsurTech and Artificial Intelligence.