Company Overview

About SourceTrace

SourceTrace Details

Founded

2013

Revenue

$10M

Funding

$509K

Team Size

95

What SIA Thinks

SourceTrace is a software-as-a-service (SaaS) provider that focuses on solutions for agriculture and related industries. The primary goal of SourceTrace is to help improve the efficiency, transparency, and sustainability of farming operations, catering to both small-scale and large-scale farmers around the world.

SourceTrace offers a suite of tools that help farmers and agricultural organizations track and manage various aspects of their work. Whether it's monitoring soil health, tracing the journey of crops from field to market, or ensuring compliance with agricultural standards, SourceTrace provides user-friendly digital tools tailored to meet these needs.

One of the most appealing aspects of SourceTrace is its easy-to-use platform. Farmers can collect data using mobile devices, making it accessible even in remote areas. Once data is collected, it can be analyzed to make informed decisions about crop management, supply chain logistics, and market conditions.

In addition to helping individual farmers, SourceTrace also aims to benefit the broader agricultural community. By capturing and analyzing data at multiple points in the supply chain, the software helps to establish traceability. This improves the accountability and quality of agricultural products, reassuring consumers and complying with regulations.

Another useful feature of SourceTrace is that it promotes sustainable farming practices. By accurately tracking inputs and outputs, farmers can optimize the use of resources such as water and fertilizers. This not only aids in better crop yields but also minimizes environmental impact.

SourceTrace is committed to making technological advancements accessible and beneficial to the agriculture sector. By offering tools that streamline operations and bring about transparency, the platform helps to create a more efficient and sustainable agricultural ecosystem. Whether you're a smallholder farmer or part of a large agricultural company, SourceTrace provides solutions to monitor, manage, and improve your farming operations.

Metrics History

7/22 - 4/24

Trending up by 5.2% this month
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Pros and Cons

Pros

  • User-friendly interface
  • Customizable options
  • Scalable solution
  • Good data insights
  • Efficient support

Cons

  • High initial cost
  • Steep learning curve
  • Complex setup process
  • Limited integrations
  • Dependence on internet

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