AGI

Winnipeg, Canada Founded: 1996 • Age: 30 yrs
Provider of agricultural equipment and engineering solutions
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About AGI

AGI is a company based in Winnipeg (Canada) founded in 1996 by Gary Anderson, Art Stenson, and Rob Stenson.. AGI has raised $50 million across 8 funding rounds from investors including Parallel49 Equity. AGI has completed 14 acquisitions, including Abatol Al’s Termite & Pest Control, Danmare and Eastern Fabricators. AGI offers products and services including Grain Bins and Conveyors.

  • Headquarter Winnipeg, Canada
  • Founders Gary Anderson, Art Stenson, Rob Stenson
  • Stage Public
  • Sectors
    Agriculture
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ag Growth International Inc.
Operational Areas
Agriculture → Agricultural Technology & Innovation
Key Metrics
  • Annual Revenue
    $973.03 M (USD)
    -7.99
    as on Dec 31, 2024
  • Net Profit
    $-13.96 M (USD)
    -129.15
    as on Dec 31, 2024
  • EBITDA
    $167.33 M (USD)
    -1.7
    as on Dec 31, 2024
  • Total Equity Funding
    $50 M (USD)

    in 8 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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IPO & Listings of AGI

AGI is a publicly listed company on the TSX with ticker symbol AFN in Canada, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSX · Ticker: AFN . Sector: Producer manufacturing · Canada

Products & Services of AGI

AGI offers a comprehensive portfolio of products and services, including Grain Bins and Conveyors. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Grain bins are provided for the secure storage of bulk agricultural commodities.

Conveyors are offered for the efficient transportation of grains and other materials in agricultural settings.

People of AGI
Headcount 1000-5000
Employee Profiles 27
Board Members and Advisors 9
Employee Profiles
People
Francisco Prado
VP, Brazil Operations
People
Paul Householder
President & CEO
People
Paul Brisebois
Senior Vice President, Canada
People
George Vis
Executive Vice President, North America

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Board Members and Advisors
people
Bill Maslechko
Director
people
Mike Frank
Director
people
Anne De Greef-Safft
Director
people
David White
Director

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Funding Insights of AGI

AGI has successfully raised a total of $50M across 8 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 8
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2019 Amount Debt – Conventional - AGI Valuation

investors

Jan, 2018 Amount Post-IPO - AGI Valuation

investors

Dec, 2017 Amount Post-IPO - AGI Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AGI

AGI has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Parallel49 Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AGI

AGI has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include Abatol Al’s Termite & Pest Control, Danmare and Eastern Fabricators. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Agricultural machinery data is collected and interpreted in real time.
2013
Stainless steel is manufactured and products are fabricated in Canada.
2012
Technology solutions for agricultural input selection and management are offered.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AGI

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Agi Comparisons

Employees
+
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Competitors of AGI

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Agi

Frequently Asked Questions about AGI

When was AGI founded?

AGI was founded in 1996 and raised its 1st funding round 4 years after it was founded.

Where is AGI located?

AGI is headquartered in Winnipeg, Canada. It is registered at Winnipeg, Manitoba, Canada.

Is AGI a funded company?

AGI is a funded company, having raised a total of $50M across 8 funding rounds to date. The company's 1st funding round was a Post-IPO of $59.81M, raised on May 01, 2000.

What is the annual revenue of AGI?

Annual revenue of AGI is $973.03M as on Dec 31, 2024.

What does AGI do?

AGI was established in 1996 in Winnipeg, Canada, as a provider in the agricultural sector. Equipment and solutions for storage, handling, processing, and monitoring of commodities such as grain, fertilizer, seed, feed, and food are offered. Services include consulting, engineering, project management, installation, and after-sales support. Products like grain bins, dryers, conveyors, and blending systems are designed and manufactured, along with technologies for grain quality automation.

What products or services does AGI offer?

AGI offers Grain Bins and Conveyors.

Is AGI publicly traded?

Yes, AGI is publicly traded on TSX under the ticker symbol AFN.

How many acquisitions has AGI made?

AGI has made 14 acquisitions, including Abatol Al’s Termite & Pest Control, Danmare, and Eastern Fabricators.

Who are AGI's investors?

AGI has 1 investor. Key investors include Parallel49 Equity.

What is AGI's ticker symbol?

The ticker symbol of AGI is AFN on TSX.

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