E-Markets

About E-Markets

E-Markets operates as a specialized provider of software solutions tailored for the agribusiness sector. The company was acquired by Cultura Technologies Inc., a key player in agri-food technology, to enhance Cultura's suite of solutions for the industry. Following the acquisition, Cultura launched Solentra in May 2017 to specifically serve the enterprise agribusiness sector, leveraging the capabilities of its acquired companies like E-Markets. This strategic move integrated E-Markets' offerings into a broader portfolio aimed at helping global suppliers meet the increasing world demand for food through technology.

The firm delivers a comprehensive suite of software designed to manage the complex operations of modern agricultural enterprises. Its client base includes businesses in the grain, ag retail, biofuel, and seed industries. The business model centers on providing integrated Enterprise Resource Planning (ERP) systems and specialized online tools that streamline various aspects of agribusiness management. Revenue is generated through the sale and deployment of these software solutions. The offerings address a growing need in the agricultural market for technology that can improve efficiency, manage risk, and provide data for better decision-making.

E-Markets provides a range of products including full cooperative accounting for grain and seed, counter sales, processing, scale integration, and electronic data exchange. A core component of their offering is the Cinch solution suite, which utilizes Microsoft Dynamics GP and can be deployed in the cloud. This suite is complemented by specific cloud-based tools for net ordering, price risk management (DRC), and contract management (Ag Contract). Additional online solutions facilitate inventory management, preseason order gathering, procurement, and traceability for identity-preserved contracting. These tools are built by a team with extensive experience in both agriculture and technology, aiming to solve the nuanced challenges faced by large agri-food organizations.