ICrop

About ICrop

iCrop operates as a specialized consultancy in irrigation management, providing solutions that integrate technology with on-the-ground expertise to optimize water and energy usage in agriculture. The company was founded in Brazil in 2016 by CEO André Boncompani and seven other partners. The founding team, comprised of professionals with backgrounds in agronomy, previously worked as consultants at Irriger and decided to launch iCrop after Irriger's acquisition by a multinational led to a strategic shift they disagreed with. They established the new venture with the goal of delivering practical, technology-driven services directly to farmers.

The firm primarily serves highly-technified agricultural producers in Brazil, monitoring over 30 different crops, with a focus on grains like soy and corn. Clients range from individual farms (B2C), which form the majority of their business, to large corporate clients (B2B) such as Bayer and Corteva, for whom iCrop provides support for their digital agriculture platforms. The company's business model is service-based, generating revenue by providing comprehensive irrigation management. This includes everything from initial project design and equipment re-engineering to daily water application decisions and monthly energy cost control. Since its inception, iCrop has grown organically without major investment rounds, relying on its own resources and approximately R$6 million in funding from FINEP and BDMG (Development Bank of Minas Gerais). The company was projected to reach over R$50 million in revenue in 2024.

iCrop's core offering is a suite of services and technologies designed to improve financial and environmental outcomes for farmers. A central component is the iCrop Vision platform, a proprietary software that provides clear data on water balance, allows for remote monitoring of irrigation pivots, and integrates NDVI satellite imagery to assess crop health. The platform is complemented by a large network of meteorological stations, precision sensors, and remote equipment monitoring. Beyond technology, the company places a strong emphasis on personalized service, with field specialists located near major irrigation hubs to combine remote monitoring with in-person expertise. Additional services include iCrop Projects for designing and validating new irrigation systems, iCrop Reengineering for evaluating and upgrading existing equipment, and iCrop Power, a partnership to manage and reduce energy costs.