Luxelare, Latin America's First Digital Agro-Insurance, is a pioneering AgTech/InsurTech startup based in Mexico, founded in 2016. The company is dedicated to supporting farmers in transitioning towards more sustainable agriculture through the utilization of data and best practices. Luxelare's Captum Insurance Engine platform offers a comprehensive digital solution for the agro-insurance sector, encompassing traditional insurances as well as the development, implementation, and operation of index-based insurance products. Notably, the company's solutions are user-friendly, intended to facilitate the adoption of technology-driven agricultural practices, especially among small and medium-sized farmers. Luxelare proudly operates as a B Corporation #BCorp. The recent Non-Equity Assistance investment received on 13th June 2022 from ASAP Accelerator is a testament to Luxelare's potential and the confidence of investors in its mission and business model. The company's focus on agriculture, big data, drones, and insurtech positions it at the intersection of crucial and evolving industries. Luxelare's commitment to sustainability and technological advancement in agriculture makes it an attractive prospect for investors looking to support impactful ventures in Latin America.
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