Agridence

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Agridence - overview

Established

2018

Location

Singapore, -, Singapore

Primary Industry

Software

About

Agridence Pte Ltd. is a Singapore-based technology company focused on optimizing supply chain management in the agri-commodity sector, specializing in natural rubber and cocoa through innovative digital solutions. Founded in 2018 and headquartered in Singapore, Agridence Pte Ltd. develops technology-driven solutions for supply chain management.


In August 2025, Agridence Pte Ltd. raised an undisclosed amount of venture funding led by new investor Cercano Management, with participation from returning investors EIF General Partner and Provident Capital Partners. Agridence offers a comprehensive suite of technology-driven solutions designed to optimize supply chain management within the agri-commodity sector, with particular emphasis on natural rubber and cocoa. Their core product offerings include the Agridence Rubber Platform, a digital trading platform facilitating real-time procurement transactions between traders and suppliers, which features live position updates, audit trails, and risk management tools.


Additionally, Agridence provides a cloud-based data management system that supports factory operations and supply chain data collection, allowing users to input and share data in both online and offline modes. The company also offers the Agridence RubberGrow mobile application targeted at smallholders and supply chain actors, enabling near real-time tracking of transactions and traceability data. Agridence primarily operates in Southeast Asia, with significant market engagements in Indonesia and other regions where rubber and cocoa are cultivated. Agridence generates revenue through a combination of subscription models and service partnerships.


Clients, including commodity traders, processors, and agricultural organizations, access Agridence's platforms via subscription agreements, which provide them with operational tools and data analytics capabilities essential for managing supply chain risks. The revenue structure is supported by transactional fees associated with the use of their digital trading platform, where transaction data is leveraged for reporting and compliance purposes. Specific pricing plans are tailored to the needs of individual clients, focusing on the unique demands of their operations in the agricultural supply chain. By providing specialized services such as data management, risk analysis, and agronomy training modules, Agridence establishes itself as a pivotal partner in enhancing operational efficiencies and promoting sustainable practices across the sectors it serves.


The company plans to utilize the August 2025 funding to improve its tools that help track farming data, support small farmers, and meet rules for trading crops like rubber, palm oil, and cocoa.


Current Investors

Itochu, DBS Private Bank, Asian Gateway Investments

Primary Industry

Software

Sub Industries

Web Applications, Analytics & Performance Software, Systems Management Software, Rubber & Plastics

Website

www.agridence.com

Verticals

Agtech, Cloud Computing, E-commerce, FinTech, FinTech, IoT (Internet of Things), Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

Agridence - timeline of key events

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Agridence - financials

Fiscal Year EndedDec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)318,386596,225---
% Revenue Growth (YoY)-87.3%---
EBITDA (USD)(1,174,669)(684,431)---
Operating Income (USD)(1,305,626)(923,871)---
Operating Margin(410.1%)(155.0%)---
% EBITDA Margin(368.9%)(114.8%)---
NET Income (USD)(1,295,722)(805,430)---
% Net Margin(407.0%)(135.1%)---

Agridence - employee data

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