Elemica

What Is Elemica?keywords:N/AN/ATotal Funding234Number of Employees$37.3MRevenue (est)N/AEmployee Growth %N/AValuationN/AAcceleratorElemica News2019-09-19 - Thoma Bravo Divests Elemica to EurazeoThoma Bravo, a leading private equity investment firm, announced today that is has completed its sale of Elemica, the leading cloud-based digital supply network, to Eurazeo, a global investment company headquartered in France. Financial details were not disclosed.“When we invested in Elemica i ...2016-07-07 - Thoma Bravo Completes Acquisition of ElemicaThoma Bravo, LLC, a leading private equity investment firm, and Elemica, the leading Supply Chain Operating Network for the process industries, announce the completion of their merger agreement. As new owners of Elemica, Thoma Bravo's software and technology expertise perfectly complements the s ...2016-06-07 - Thoma Bravo to Acquire ElemicaThoma Bravo, LLC, a leading private equity investment firm, and Elemica, the leading Supply Chain Operating Network for the process industries, have entered into a definitive agreement for the acquisition of Elemica. Financial details were not disclosed. This transaction will expand the capabili ...Other Companies in Wayne Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding#1Pathfinders$32.6M24720%N/A#2Evolve IP$38.5M247-11%$55.3M#3Bracket$50.7M252-23%N/A#4PharmaForce$77.8M26220%N/A#5TSIN/A27231%N/A

With bigger ones. Finally, such a platform will help the company save significant assets on investments in less effective EDI systems and intercompany relations. With Elemica, the company will have both intercompany ties and efficient automated business processes in one digital place.Disadvantages of Shifting to Elemica in Comparison to the Currently Used SystemDespite the numerous benefits Elemica might provide for the company, there are some disadvantages. Indeed, a shift to a fully electronic cloud-based supply chain might produce a threat of “becoming dependent on this sales channel and neglecting the growth of the seller’s own online shop” (Kawa & Walesiak, 2019, p. 523). Also, in e-marketplaces that incorporate several companies of different sizes, changes to the sales and fees policy are frequently observed, as well as high costs of services that might impede the company’s budget (Kawa & Walesiak, 2019). A high level of industry-specific companies’ competition might hinder the middle-sized company’s competitive opportunities. Finally, when a company engages in public cooperation with its buyers, the competitors copy ideas, which might diminish the competitive advantage.Advantages of Shifting to Elemica in Comparison to General e-Commerce DatabasesUpon analyzing a general e-commerce database, several advantages of Elemica have been identified. Indeed, such horizontal e-marketplaces as Amazon Business provide a wide range of B2B selling and buying opportunities without concentrating on a single industry. In such a manner, it might be assumed that the quantity is prioritized over quality, which is not beneficial for the company in search of long-term reliable cooperation with business clients. Also, the number of business companies from different industries selling through the platform, as reported by the official website, reaches more than 150 thousand (Amazon, 2020). Such a large number of sellers might impose a significant competition for the middle-sized chemical firm, which might be harmful to the overall business operations. On the contrary, the vertical e-marketplace provided by Elemica is more industry-oriented, includes only the companies from the industry, and might provide a more favorable competition level for a middle-sized company. Thus, there are better opportunities for the company when it joins Elemica instead of a general e-marketplace like Amazon Business.Disadvantages of Shifting to Elemica in Comparison to General e-Commerce DatabasesHowever, it is relevant to consider some of the downsides of prioritizing industry-specific Elemica over general Amazon Business. By using the services of a more general e-marketplace like Amazon Business, a company might obtain a more significant scope of inter-industry connections and brand recognition on a bigger market. Since large multi-industrial platforms like Amazon Business operate globally and with multiple industries, it might be a good chance to enhance product promotion and improve channels of reaching buyers abroad (Amazon, 2020; Kawa & Walesiak, 2019). Also, Elemica’s limitedness to one industry restricts the company’s opportunities for broadening the scope of its operations for cooperating with other industries.ConclusionIn summation, the reviewed and analyzed e-commerce cloud-based marketplace has its benefits and potential disadvantages for the middle-sized chemical company. On the one hand, there are several disadvantages of shifting to Elemica, namely,

What does Elemica do?Sourcing and supplier of customer management suites. It provides supply chain operating network solutions in the areas of customer & supplier management, strategic sourcing, and logistics. The company offers various cloud-based applications, such as supplier management suite for purchase order management, delivery forecast, global supply management, certificate of analysis, and invoice management.Which legal entities is Elemica associated with?Elemica is associated with 1 legal entity given below:Legal Entity NameDate of incorporationRevenueNet ProfitEmployee CountELEMICA, INC.Dec 26, 999-321561Elemica got acquired by Eurazeo on Aug 02, 2019 at an acquisition amount of $250M. It was facilitated by Aeris Partners, Kirkland & Ellis and Evercore.Click hereto take a look at Elemica's acquisition in detailHow much funding has Elemica raised till date?Elemica has raised funding over 1 round.What are the most recent funding rounds of Elemica?Its latest funding round was a Conventional Debt round for an undisclosed amount. 1 investor participated in its latest round, which include Ares Capital Corporation.Here is the list of Top 10 competitors of Elemica, ranked by Tracxn score :Overall RankCompany DetailsShort DescriptionTotal FundingInvestorsTracxn Score1stBlue Yonder1985, Scottsdale (United States), AcquiredProvider of AI and cloud-based end-to-end supply chain management solutions$800MNew Mountain Capital, Panasonic72/1002ndGT Nexus1998, Oakland (United States), AcquiredSupply Chain Software$12.8MWarburg Pincus, East Peak Capital & 5 others70/1003rdAmber Road1990, East Rutherford (United States), AcquiredGlobal Trade Management Software and Solutions$54.1MGoldman Sachs, Bregal Sagemount & 6 others69/1004thElementum2012, Mountain View (United States), AcquiredProvider of cloud-based supply chain management solutions$49MTriplePoint Capital, AME Cloud Ventures & 5 others67/1005thLi & Fung Limited1906, Kowloon (China), Late StageConsumer goods sourcing and logistics provider-Advent International, AEA Investors & 3 others66/1006thDescartes1981, Waterloo (United States), PublicCloud-based transportation and supply chain management solutions-Herald Investment Management, Activate Venture Partners & 2 others69/1007thComputer Associates1978, Providence (United States), AcquiredMicrosoft windows based ERP software vendor$1.9MMain Street Capital, Iron Creek Partners & 1 others66/1008thAltana2019, New York City (United States), Series CAI-based regulatory, risk, and supply chain management software suite for multiple sectors$343MGoogle Ventures, Salesforce Ventures & 18 others66/1009thChronicled2014, San Francisco (United States), Series AAI & Blockchain-based supply chain solutions provider$29.6MTGV, Streamlined Ventures & 18 others65/10010thDeposco2004, Alpharetta (United States), Series BProvider of SaaS-based warehouse management solutions$47MUnited Parcel Service, NewSpring & 2 others68/10035thElemica2000, Exton (United States), AcquiredSourcing and supplier of customer management suites-Ares Capital Corporation, L Capital49/100Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Elemica's competitors? Click here to see the top onesElemica has not made any investments yet. Elemica has made

Table of ContentsIntroductionAnalysis of ElemicaRecommendations as per the Use of ElemicaConclusionReferencesIntroductionThe rise of e-commerce and technological advancement in the economy and trade provides new opportunities for companies of the small, medium, and large sizes to use the benefits of electronic supply chains for more efficient operations. A medium-sized chemical company that establishes selling services to similar companies in the industry might obtain significant business advantages when shifting from manual purchase order processing to an advanced electronic database and B2B community such as Elemica. A shift from EDI to a cloud-based e-market is a chance for the company to improve its sales and procurement operations in terms of productivity and efficiency in a short-term perspective and create a qualitatively new electronic supply chain in a long-term perspective. This report is designed to analyze Elemica from the point of view of its classification and characteristics. The analysis is followed by evidence-based informed recommendations developed on the basis of advantages and disadvantages of the proposed e-marketplace as compared to the currently utilized supply chain strategy and alternative e-marketplaces. The findings of the report might be used as a basis for making a decision as per using Elemica as a cloud-based supply chain in the future.Analysis of ElemicaElemica is a cloud-based B2B e-marketplace designed specifically for the companies operating in the chemical industry. The consortium incorporates multiple companies of small, medium, and big sizes in a single digital marketplace, which provides business opportunities for suppliers and buyers. It functions as a community where inter-company relations are enforced, and business transactions are possible between any companies within the community. The newest highly developed technology allows for processing smooth operations on different levels of B2B cooperation with maximized automation and minimum resource losses on members’ side.When categorizing Elemica as per its type of e-marketplace, one might apply several frameworks for classification. Firstly, from the perspective of ownership or governance, Elemica is a private e-marketplace (Akingbesote & Ogbeide, 2018). It is owned by a single private firm, Thoma Bravo. The investments of this owner are expected to “expand its trading ecosystem to a broader range of industries” (Laudon & Traver, 2019, p. 863). As a privately owned e-marketplace, Elemica might be exposed to changeable fees and membership policies.Another classification approach necessitates considering its orientation on a particular group of members. According to Akingbesote and Ogbeide (2018), there are independent, buyer-oriented, and supplier-oriented e-marketplaces. In terms of orientation, either on buyers or sellers, Elemica is an independent B2B e-marketplace. It is defined that an independent e-marketplace functions as a B2B online platform that is “operated by a third party which is open to buyers or sellers in a particular industry” (“E-marketplaces, online auctions, and exchanges,” n. d., para. 2). Therefore, there is no bias in this e-marketplace for sellers and buyers. As for the vertical or horizontal scope of Elemica, it is classified as a vertical net-e-marketplace, where online access is provided to companies “vertically up and down every segment of a particular industry sector,” chemical industry, in