Agi3
Agi3 Ltd is a Canadian AgTech-insurtech that operates an AI-powered risk management platform offering individualized crop insurance, forward-contract shortfall protection, and farm property & casualty coverage to grain and agricultural operations across Western Canada.
- Company typePrivate
- Founded2021
- HeadquartersOak Bluff, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Agi3 does
Agi3 Ltd is a Canadian agricultural-technology and insurance company headquartered in Oak Bluff, Manitoba, that operates an AI-powered Enterprise Risk Management platform for farms. Its technology maps each Land Location Descriptor (LLD) in Western Canada for real-time risk identification and generates individualized farm risk profiles using integrated behavioral and field-level data, including equipment usage patterns and management practices, to produce dynamic real-time pricing. The company sells three core insurance products under this platform: AgriEnhance™, which provides flexible yield and whole-farm revenue crop insurance with co-insurance options and customizable trigger levels and layers; ForwardProtect™, a first-of-its-kind coverage that protects grain operations from penalties when yield shortfalls and rising market prices prevent forward contract fulfillment; and FarmElevate™, a farm-focused Property & Casualty offering covering property, equipment, liability, and commercial packages for agribusinesses.
Agi3 generates revenue through insurance premiums across these three product lines, distributed via a white-glove insurance broker network supported by an in-house actuarial team and a "Concierge" advisory service. Pricing is quote-based and tailored to each farm's individual risk profile, with no standard public pricing disclosed. The customer base is concentrated in Western Canadian grain and crop operations, with the company reporting 1,000+ farms served across 5+ million acres in 3 provinces (likely Alberta, Saskatchewan, and Manitoba). Customer segments are vertical-specific (agriculture), with named enterprise customers including Rutherford Farms Ltd, Coutts Agro, and Longlake Farms.
The company was founded in 2021, operates with 11-50 employees, and has secured approximately $16M CAD in non-dilutive funding across two grant/project rounds: $4.7M CAD from SCALE AI (announced 2025-07) for an applied AI project, and an $11.3M CAD project led via Protein Industries Canada ($5.1M from PIC, announced 2026-05) in collaboration with wholly-owned subsidiary Agi3 Risk Services Ltd and Aon Reinsurance Solutions Canada. The PIC project aims to modernize Canada's crop insurance system through a hybrid public-private framework connecting federal Business Risk Management programs with private insurance, positioning Agi3 as a potential structural intermediary. Agi3 also maintains a data integration relationship with AgData and won the Ag in Motion 2025 Innovations Program top prize in the Business Solutions category.
Agi3 firmographics
Firmographics- Name
- Agi3
- Legal name
- Agi3 Ltd
- Website
- https://agi3.ai
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Agi3 Ltd is a Canadian AgTech-insurtech that operates an AI-powered risk management platform offering individualized crop insurance, forward-contract shortfall protection, and farm property & casualty coverage to grain and agricultural operations across Western Canada.
- Ownership category
- akta.pro rank
Agi3 industry classification
Industry- Product category
- Agricultural Insurance
- SIC
- Agricultural Services (700)
- akta.pro primary industry
- Farm Risk Management & Insurance Advisory (AFACAJAD)
- akta.pro secondary industries
- Farm Finance, Input Procurement & Risk Tools (Budgeting, Inventory, Insurance Links) (AFAAAFAO), Farm Data Management & Decision Support Services (FMIS Setup, Data Integration, Analytics) (AFACACAC)
Keywords
Where Agi3 is headquartered
LocationHeadquarters
- HQ city
- Oak Bluff
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Agi3 business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Insurance Premiums: Agi3 generates revenue through insurance premiums charged for its crop insurance, forward contract protection, and property & casualty coverage products.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Agi3 product offering
Product offeringCore offering
Agi3 is an AI-powered precision insurance platform that designs and distributes individualized farm insurance products to Canadian farms. Its three core offerings are AgriEnhance™ (yield and whole-farm revenue crop insurance with flexible triggers, layers, and co-insurance), ForwardProtect™ (first-of-its-kind coverage for grain forward-contract shortfalls when yield shortfalls coincide with rising market prices), and FarmElevate™ (farm-focused Property & Casualty insurance for property, equipment, and liability). The platform maps each Land Location Descriptor in Western Canada for real-time risk identification and produces farm-specific risk profiles and dynamic pricing, delivered through a white-glove broker network.
Product overview
Agi3 offers a unified AI-powered precision insurance platform for Canadian farms, consisting of three core products: AgriEnhance™ (yield and revenue crop insurance with data-driven pricing and co-insurance options), ForwardProtect™ (forward contract shortfall protection for grain operations), and FarmElevate™ (farm property and casualty insurance). The platform maps each LLD in Western Canada for real-time risk identification, generates individualized risk profiles, and provides dynamic real-time pricing tailored to each farm's specific operations and risk characteristics.
Differentiator
Problem solved
Functional benefit
Brands
- AgriEnhance™: Yield and revenue crop insurance product offering flexible yield coverage by individual crop, whole-farm, or co-insurance options with customizable trigger levels and layers.
- ForwardProtect™
- FarmElevate™
Products and services
- AgriEnhance™ Yield and revenue crop insurance product that provides flexible yield coverage by individual crop, whole-farm, or co-insurance options, with trigger levels and layers that can be tuned to the farm's risk and cashflow priorities. Includes YieldProtect (crop-by-crop or whole-farm yield coverage), Co-insurance, RevenueProtect (whole-farm revenue protection), and customizable triggers + layers. Designed for Western Canadian grain and crop producers.
- ForwardProtect™ First-of-its-kind coverage that protects grain operations from penalties triggered by yield shortfalls and rising market prices when farmers cannot fulfill forward contracts. Coverage can be set for the insured portion of contracted volume and added in layers as the producer continues contracting. Built for producers who forward contract and want delivery risk separated from marketing decisions.
- FarmElevate™ Farm-focused Property & Casualty (P&C) insurance combining deep agricultural expertise with advanced technology to deliver modern, flexible coverage for farm property, equipment, and liability needs, including commercial packages for agribusiness activity. Uses a renewal-first approach focused on outcomes, with broker-led service through the policy term.
Companies that use Agi3
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles1 record
Agi3 technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature6 records
Agi3 partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Protein Industries CanadacoreProtein Industries Canada announced a $5.1 million contribution to a $11.3 million AI-enabled crop insurance project led by Agi3 in collaboration with Agi3 Risk Services Ltd and Aon Reinsurance Solutions Canada. The project aims to modernize Canada's crop insurance system with a hybrid public-private framework connecting Business Risk Management programs with private insurance solutions.
- Agi3 Risk Services LtdcoreCollaboration partner in the Protein Industries Canada-funded AI-enabled crop insurance project to modernize agriculture risk management for Canadian farmers.
- Aon Reinsurance Solutions CanadacoreCollaboration partner providing reinsurance expertise in the AI-enabled crop insurance project with Protein Industries Canada and Agi3.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Agi3 competitors and assessment
Company assessmentEmerging players
- Farmers Edge: Canadian-founded digital agriculture platform combining field-level data, sensors, and AI for farm decision support with adjacent insurance offerings; overlaps with Agi3 on field-data analytics and AI underwriting inputs.
Direct peers
- Crop Risk Services: Private crop insurance provider delivering multi-peril and hail coverage to North American growers; directly comparable crop-insurance distribution and underwriting approach to Agi3's AgriEnhance.
- The Co-operators: Canadian insurance mutual with one of the largest farm and agricultural insurance books in the country, offering crop, property, and commercial coverage to Western Canadian grain farmers — directly comparable customer base and product mix to Agi3.
- ARMtech Insurance Services: US-based crop insurance provider and MGU offering MPCI, crop hail, and specialty ag risk products; closely comparable crop-insurance underwriting model, though US-focused rather than Canadian.
- Global AgRisk Solutions: Specialty Managing General Underwriter focused on crop and agriculture insurance across North America; directly comparable specialty-crop-insurance business model to Agi3's AgriEnhance.
Broad incumbents
- Northbridge Insurance: Canadian commercial insurer with a dedicated farm and agribusiness product line serving Western Canadian producers; comparable P&C and farm property offering, though less focused on tech-led underwriting than Agi3.
- Wawanesa Insurance: Canadian mutual insurer with a strong farm and agricultural book across Western Canada; broad P&C competitor to Agi3's FarmElevate among the same grain-farmer customer base.
- Intact Financial Corporation: Canada's largest P&C insurer with significant farm and agribusiness commercial offerings across Western Canada; competes broadly with Agi3's FarmElevate line as part of a much wider portfolio.
Others
- Aon plc: Global reinsurance broker and Agi3's named partner on the Protein Industries Canada project; relevant as both counterparty and a benchmark for the AI-enabled reinsurance underwriting capability Agi3 is building toward.
- Hub International: Large North American insurance brokerage distributing farm, crop, and P&C coverage to agricultural clients; comparable distribution role to Agi3's broker-led GTM motion and a potential channel partner or competitor for placement.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Agi3 social profiles
Digital presenceAgi3 financial estimates
Financial estimateRevenue estimate
Valuation estimate
Agi3 leadership team
Management profileNumber of profiles
Profiles2 records
Agi3 subsidiaries and ownership
Company hierarchySubsidiaries2 records
Agi3 funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Agi3 M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Agi3
What does Agi3 do?
Agi3 is an AI-powered precision insurance platform that designs and distributes individualized farm insurance products to Canadian farms. Its three core offerings are AgriEnhance™ (yield and whole-farm revenue crop insurance with flexible triggers, layers, and co-insurance), ForwardProtect™ (first-of-its-kind coverage for grain forward-contract shortfalls when yield shortfalls coincide with rising market prices), and FarmElevate™ (farm-focused Property & Casualty insurance for property, equipment, and liability). The platform maps each Land Location Descriptor in Western Canada for real-time risk identification and produces farm-specific risk profiles and dynamic pricing, delivered through a white-glove broker network.
Is Agi3 a public or private company?
Agi3 is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Agi3 founded?
Agi3 was founded in 2021. It employs 11 to 50 people.
Where is Agi3 based?
Agi3 is headquartered in Oak Bluff, Canada, in the North America region.
How does Agi3 make money?
One revenue line is on record: insurance Premiums.
Who are Agi3's main competitors?
Farmers Edge is listed as an emerging player. Direct peers are Crop Risk Services, The Co-operators, ARMtech Insurance Services and Global AgRisk Solutions. Broad incumbents are Northbridge Insurance, Wawanesa Insurance and Intact Financial Corporation. Others are Aon plc and Hub International.
Does Agi3 have an API?
No public API is recorded for Agi3.
What industry is Agi3 in?
Agi3's product category is Agricultural Insurance. Its primary akta.pro industry code is AFACAJAD, Farm Risk Management & Insurance Advisory, with a secondary code of AFAAAFAO, Farm Finance, Input Procurement & Risk Tools (Budgeting, Inventory, Insurance Links). Its SIC code is 700.