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TrusTrace is a Sweden-based software company with a platform for supply chain transparency and product traceability within the fashion, food and retail industries.
Basic Information
Founded in 2016 and led by Shameek Ghosh, CEO, TrusTrace is a SaaS provider that empowers fashion, food and retail brands to fully understand and take responsibility for the social and environmental impact of their supply chains. The platform, built on AI, Blockchain and BOTS through an open architecture, integrates with retailer, manufacturer and supplier systems, as well as those of 3rd parties such as certification agencies, lifecycle datasets and other sustainability solution providers. With more than 8,000 suppliers, 250,000 products and over $12 billion worth of goods tracked on the platform, the company serves have a portfolio of more than 40 customers, including Fjällräven, Filippa K, Zalando, Decathlon and Coop.
Legal Name
:
Swin Technologies AB
Headquarters
:
Stockholm, Stockholm, Sweden
Business Model
:
B2B  
Founding Date
:
26th Dec 2016
No. of Employees
:
101 to 150
Core Team
:
1.  
Hrishikesh Rajan
Founder and CSO
2.  
Saravanan Parisutham
Co-Founder
3.  
Shameek Ghosh
Co-Founder and CEO
4.  
Madhava Venkatesh R
Co-Founder and CTO

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Revenue Stream
Target Market
B2B
Fashion brands focussed on sustainability
Client Segment
:
Fashion & Accessories,  Sports  
Target Companies
:
Medium Enterprise,  Large Enterprise  
Target Geography
:
Funding

Total Funding

$7.7M

Investors
:
1.  
Fairpoint Capital
2.  
BackingMinds
3.  
FASHION FOR GOOD
4.  
Industrifonden

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Detail Round Breakdown
Round 1

$6M

Series Name
:
SERIES-A
Date
:
14th Oct 2021
Investors
:
1.  
Industrifonden
2.  
Fairpoint Capital
3.  
BackingMinds
4.  
FASHION FOR GOOD

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