Startups

Product traceability and compliance platform.

Summary

Seedtable Score
  • 59
Locations
Company Size
  • 11 to 50 employees
Last Stage Round
  • Series B

Insights

This section hypothesizes why Trustrace can be a $10 billion dollar company in 10 years, in 10 lines or less.


Trustrace, based in Stockholm, is advancing in the product traceability and compliance sector with its B2B SaaS platform. By offering solutions for supply chain transparency, Trustrace addresses inefficiencies in traditional methods like manual tracking and basic enterprise software. Their platform helps businesses avoid regulatory fines and reputational damage by ensuring compliance across supply chains. Backed by investors including Circularity Capital, Industrifonden, and Fairpoint Capital, Trustrace is well-positioned to capitalize on the growing demand for robust supply chain solutions in a regulated market. This focus on compliance and traceability could set Trustrace apart from competitors and drive significant growth in the supply chain sector.

Total funding Amount

$31M

Fundraising History

  • Jan 18 '24 Series B
    $24M
  • Oct 01 '21 Series A
    $6M
  • Sep 01 '19 Seed
    $1.1M

Investors

  • Circularity Capital
    Series B
  • Industrifonden
    Series A
  • Fairpoint Capital
    Series A