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MyCropTechnologies

MyCropTechnologies

MyCropTechnologies (sister company of Agworks, LLC) was born out of a desire to provide agricultural insurance agents and their farmers with a cutting edge yet affordable way to interface with USDA's crop insurance programs and privately-offered insurance solutions. 2010: AgWorks, LLC is formed by Rafe Hargrove, Ed King, Robert Gideon, Carl Gideon, and Scott Sell after they decide to pool their knowledge of insurance and software development and create a company unlike anything in the marketplace. They saw an urgent need for an agricultural insurance software that was in line with current technology trends and projections yet easy to use. 2011: The AgWorks Application Framework is released with support for major crops. Functionality is expanded over the next few years to support additional crops, plans of insurance, and private products. Several new AIPs join our customer base. 2014: MyCropTechnologies, LLC (MCT) is formed to manage the AgWorks Application Framework including the monitoring and implementation of RMA programs and their regulatory changes. 2015: MCT delivers real-time support in quoting and policy processing for changes introduced with the 2014 Farm Bill. These changes include Margin Protection, Whole Farm Revenue Protection, and Stacked Income Protection policies as well as the Supplemental Coverage Option and Beginning Farmer/Rancher benefits, just to name a few. 2016: MCT overhauls the user interface of the AgWorks Application Framework-improving workflow, reducing clicks, and boosting overall system performance. 2017: MCT expands the AgWorks Application Framework with an integrated mapping system, optimization of the quoting module, and initial development of eSignature platform to allow insureds and agents to electronically sign vital insurance forms. 2018: MCT designs the Dairy Revenue Protection policy processing framework developed by AgWorks, which is deployed in conjunction with RMA's release of the product. MCT continues to support and improve for the DRP software to meet regulatory changes. The mapping system supports CLU-based reporting. 2019: MCT implements support for Multi-County Enterprise Units, Veteran Farmer/Rancher benefits, and companion policies and continues to develop and deliver industry-leading software solutions.

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About MyCropTechnologies

Founded

2014

Estimated Revenue

$10M-$50M

Employees

51-250

Funding / Mkt. Cap

$350K

Category

Sector

Information Technology

Industry Group

Software & Services

Industry

Software

SIC Code

73

NAICs Code

541

Location

City

Snyder

State

Texas

Country

United States

Tech Stack (33)

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