Comiagro

What Comiagro does

Comiagro S.A. (legal name Comisionistas Agropecuarios S.A.) is a privately held Sociedad Comisionista authorized to operate on the Bolsa Mercantil de Colombia, founded in 1997 and headquartered in Manizales with a secondary office in Bogotá. The firm intermediates transactions on Colombia's agricultural commodities exchange on behalf of agro-producers, agro-industrial processors, flower exporters, government suppliers, and fishery companies, with reported service to over 10,000 clients cumulatively across more than 27 years of operation.

The core product is invoice registration under Decree 1555 of 2017, which lets clients legally avoid source-withholding and special self-withholding on income tax and receive 100% of invoice value, materially improving cash flow without incurring bank debt. Beyond invoice registration, Comiagro offers the Mercado de Compras Públicas (public procurement marketplace), SIMM (over-the-counter economic-rights cession), A-trae electronic factoring, CDM REPOS for non-bank inventory financing, MERCOP private market operations, and fixed-income investment facilitation through AMV-authorized operators. The technology layer consists of Sucursal Digital — a self-service web branch for certificate management described as the first and only digital branch among Bolsa Mercantil commission societies — plus a Vinculación en Línea onboarding flow, digital payment processing, and a comprobantesdigitalescomiagro.web.app certificate repository, all operating on top of the Bolsa Mercantil de Colombia regulated infrastructure.

Comiagro is supervised by the Superintendencia Financiera de Colombia and the Autorregulador del Mercado de Valores, and earns revenue primarily through transaction-based commissions plus IVA charged on the value of registered invoices, with pricing published via its Tarifas page and disclosed in the 2023 rate PDF. Go-to-market combines direct expert accompaniment (WhatsApp-led sales, four-step client linking process) with self-service digital channels and a content-led top-of-funnel (financial-education blog, social channels on YouTube/LinkedIn/Facebook/Instagram, downloadable PDF primers). Customer segments are vertical-driven (agriculture, agro-industry, government suppliers, flower exports, fishery) rather than enterprise-segmented by size.

Name

Comiagro

Legal name

Comisionistas Agropecuarios S.A.

Website

https://comiagro.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Comiagro is a private Colombian brokerage firm (Sociedad Comisionista) operating on the Bolsa Mercantil de Colombia, providing invoice registration, non-bank financing, public procurement, and investment services to over 10,000 agricultural and agro-industrial clients across Colombia.

Ownership category

akta.pro rank

Product category

Agricultural Commodity Exchange Brokerage Services

akta.pro industry

PRIMARYFSAAAOAM

Tax Services (Withholding, Reclaims, FATCA/CRS)

Financial & Insurance/Asset & Wealth Management/Custody, Depositary & Asset Servicing (Custody, Corporate Actions, Securities Lending)

SECONDARYFSABAHAD

Receivables Finance (Factoring, Invoice Discounting, Forfaiting)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Trade Finance & Supply Chain Banking

SECONDARYFSAMAKAJ

Government & Public Sector Disbursements (Tax Refunds, Benefits)

Financial & Insurance/Payments & Transaction Processing/Payroll & Payouts / Disbursements

Keywords

• Agricultural brokerage services
• Invoice registration services
• Non-bank financing
• Tax optimization services
• Commodity exchange intermediation

Headquarters

HQ city

Manizales

HQ country

Colombia

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Invoice Registration Services: Commission + VAT charged on the value of invoices registered in the Bolsa Mercantil de Colombia under Decreto 1555 de 2017. This is the primary revenue stream, providing tax exemption from source retention and special self-withholding on income tax.
2. Public Procurement Market (MCP): Commission-based services facilitating sales to government entities through the Bolsa Mercantil de Colombia with expert accompaniment.
3. Non-Banking Financing Facilitation: Facilitation services for REPOS on Warehouse Receipts (CDM), electronic invoice factoring (A-trae platform), and economic rights cession, connecting clients with monitored financiers.
4. Investment Services: Facilitation of fixed-income investments in Bolsa Mercantil de Colombia through authorized operators, including invoice purchases and CDM REPOS.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Comiagro is a Sociedad Comisionista of the Bolsa Mercantil de Colombia that registers invoices under Decree 1555/2017 to help agricultural, agro-industrial, and fishery companies legally avoid source tax withholding and special self-withholding on income tax. Beyond tax optimization, the firm facilitates non-bank financing through electronic invoice factoring (A-TRAE), REPOS on Warehouse Receipts (CDM), and OTC economic rights transfers (SIMM), and provides access to the Mercado de Compras Públicas for sales to government entities, MERCOP for private commercialization, and fixed-income investment products on the Bolsa.

Product overview

Comiagro S.A. is a Commission Broker Company of the Bolsa Mercantil de Colombia operating as a financial services firm rather than a technology company. The product portfolio centers on treasury optimization, non-bank financing, and public/private market access. Core offerings include: Registro de Facturas (invoice registration for tax benefits under Decree 1555/2017), Mercado de Compras Públicas MCP (public procurement marketplace), and SIMM (economic rights transfers). Supporting services encompass Sucursal Digital (digital branch for document management), Venta de Facturas/Factoring via A-TRAE, REPOS on merchandise certificates, MERCOP (private market), and investment products. These services work together to help clients optimize tax obligations, access non-bank financing, and facilitate government and private sales.

Differentiator

Problem solved

Functional benefit

Products and services

• Registro de Facturas (Invoice Registration under Decree 1555/2017)

Quantifiable outcome

• Over 72 trillion pesos registered under Decreto 1555 as of October 2025, with 36% year-over-year growth
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Bolsa Mercantil de ColombiacoreTechnology or IntegrationComiagro operates as a commission society of the Bolsa Mercantil de Colombia, using its exchange infrastructure for all core services including invoice registration under Decreto 1555, electronic factoring (A-trae), CDM REPOS, economic rights cession (SIMM), and the Mercado de Compras Públicas. The Bolsa provides the regulated trading platform and systems while Comiagro provides client-facing services.
• A-trae (Bolsa Mercantil de Colombia)coreTechnology or IntegrationA-trae is the electronic invoice factoring marketplace operated within the Bolsa Mercantil de Colombia platform, where Comiagro facilitates the sale of electronic invoices by clients to investors, enabling immediate liquidity without generating bank debt.
• Superintendencia Financiera de ColombiacoreOthersAs a commission society, Comiagro is regulated and monitored by the Superintendencia Financiera de Colombia. All operations are conducted within a regulated market framework providing investor and client protection.
• Autorregulador del Mercado de Valores (AMV)coreOthersInvestment decisions should be made with accompaniment from a professional authorized by AMV. Comiagro's operators are authorized by AMV for investment facilitation services in the Bolsa Mercantil de Colombia.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Alianza Valores: Colombian brokerage firm operating as a Sociedad Comisionista with regulated market access and a focus on fixed-income and intermediation. Comparable as a direct peer in the Colombian commission broker space with similar regulatory status, though with different sector specialization than Comiagro's agro-industrial focus.
• Acciones & Valores: Independent Colombian brokerage firm operating as a Sociedad Comisionista with stock and fixed-income brokerage capabilities. Comparable as a direct peer in the Colombian commission broker landscape, though typically focused on equities and institutional clients rather than agricultural tax optimization and non-bank financing facilitation.
• Corredores Davivienda: Brokerage subsidiary of Grupo Bolívar/Davivienda operating as a Sociedad Comisionista in Colombia. Comparable as a direct peer in the Colombian commission broker landscape with similar regulated infrastructure access and customer segments, though with broader financial services positioning through its parent banking group.
• Credicorp Capital Colombia: Colombian brokerage and asset management arm of the Credicorp group, operating as a Sociedad Comisionista with regulated market access. Comparable as a direct peer in Colombian brokerage with similar commission-society infrastructure, though serving a broader client base including institutional investors rather than specializing in agribusiness tax optimization.
• Adcap Securities Colombia: Colombian brokerage firm (formerly Helm Comisionista) operating as a Sociedad Comisionista offering securities brokerage and asset management. Comparable as a direct peer in the Colombian brokerage landscape with similar regulatory status and infrastructure access, though with a less agricultural/agro-industrial specialization than Comiagro.

Others

• Bolsa Mercantil de Colombia: The Colombian mercantile/commodity exchange on which Comiagro operates as a commission society, providing the regulated infrastructure for invoice registration under Decreto 1555, electronic factoring (A-TRAE), REPOS, and public procurement market. Listed as an ecosystem participant rather than direct competitor because it is the platform partner enabling all of Comiagro's core services.

Broad incumbents

• Finagro: Colombian public-sector agricultural financing entity (Fondo para el Financiamiento del Sector Agropecuario) that administers credit programs and rate subsidies for agricultural producers. Comparable because it channels financing to the same agricultural client base and operates within the broader Colombian agribusiness finance ecosystem where Comiagro facilitates non-bank financing via CDM REPOS and factoring.
• BTG Pactual Colombia: Colombian subsidiary of the large Latin American investment bank BTG Pactual, offering brokerage, asset management, and investment banking. Comparable as a broader incumbent in the Colombian brokerage space with similar regulated commission-broker capabilities, though operating at significantly larger scale and with broader sector coverage than Comiagro's agro-industrial focus.
• Banco Agrario de Colombia: Colombia's state-owned commercial bank focused on the agricultural sector, providing deposit, lending, and rural financing services. Comparable because it serves the same Colombian agricultural and agro-industrial client base that Comiagro addresses, though through traditional banking rather than tax/withholding optimization and exchange-based brokerage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@comiagro.
• Facebookfacebook.com/comiagrosa
• LinkedInlinkedin.com/company/comiagro-s-a
• Instagraminstagram.com/comiagro

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Comiagro