Company profile: Solectrac
1.1 - Company Overview
Company description
- Provider of electric tractors that replace diesel for agricultural and municipal uses, including the 25 HP e25 compact (full-day operation) and 70 HP e70N narrow model for vineyards and orchards, plus an e25 backhoe attachment. Offers California CORE vouchers for the e25G, the SolecSave app to compare diesel vs electricity and find incentives, and financing up to 84 months.
Products and services
- California CORE Program: A voucher-based incentive program supplies California businesses and governments partial cost coverage toward purchasing a new e25G electric tractor, reducing upfront expenditures
- E25 Electric Tractor: A 25 HP compact-class electric tractor engineered for agricultural and municipal applications, delivering a full day's operation on a single charge with quieter, cleaner, efficient, less expensive-to-use performance
- E70N Electric Tractor: A 70 HP narrow-chassis electric tractor architected for vineyards and orchards, providing emission-free performance and instant torque in vineyard and orchard operations
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Solectrac
Oro Agri
HQ: United States
Website
- Description: Provider of agrochemical products for global distribution, developing and manufacturing innovative, environmentally preferable crop protection and yield-enhancing solutions. Portfolio includes biofungicides (Portento with Bacillus subtilis, Naturdai Mim), bioinsecticides (Santem, Tec-Fort natural pyrethrin-based), Kuneka bioinsecticide-acaricide for insects and mites, and Orange Oil for sustainable agriculture.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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ClearAg
HQ: United States
Website
- Description: Provider of a platform that combines weather and agronomic data with proprietary land-surface modeling to deliver location-specific predictive insights for agricultural decision support, including weather analysis and alerts, field and crop management, drift and overspray minimization, irrigation analytics, and harvest and grain drydown guidance.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Agiboo
HQ: The Netherlands
Website
- Description: Provider of commodity trade and risk management (CTRM) software solutions focused on agricultural and soft commodities, specifically cocoa, coffee, sugar, cotton and grains. Its flagship product, Agiblocks, has been adopted in the commodity trade and risk management industry since 2011.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Vindara
HQ: United States
Website
- Description: Provider of agriculture technology.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Mercaris
HQ: United States
Website
- Description: Provider of a subscription-based market data service and online trading platform for organic, non-GMO, and certified agricultural commodities, delivering price comparison reports, customizable cash market price breakdowns, import data with country-of-origin statistics, weekly average price history, a comprehensive market survey dataset, and an interactive map of grain-handling facilities.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Solectrac
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Solectrac
2.2 - Growth funds investing in similar companies to Solectrac
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4 - Top valuation comps for Solectrac
4.2 - Public trading comparable groups for Solectrac
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