Tech Company Financing Transactions
TrusTrace Funding Round
Circularity Capital, Fairpoint Capital and Industrifonden participated in a $24 million venture round for TrusTrace. The round was announced by the company on 1/18/2024.
Transaction Overview
Company Name
Announced On
1/18/2024
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to further accelerate its global expansion ambitions by strengthening its presence in key markets, deepening product innovation and expanding collaborations.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Mäster Samuelsgatan 36
Stockholm, 111 57
Sweden
Stockholm, 111 57
Sweden
Phone
Website
Email Address
Overview
TrusTrace is the leading platform for traceability and compliance data management for high volume footwear and textile value chains, especially high risk commodities and production facilities in high risk regions. We standardize how supply chain and material traceability data is captured, digitized and shared between brands and suppliers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shameek Ghosh
Chief Financial Officer
Sara Wahlman
Chief Marketing Officer
Anja Sadock
Chief Operating Officer
Saravanan Parisutham
Chief Technical Officer
Madhava Venkatesh
VP - Customer Service
Ramanathan Venkataraman
VP - General Counsel
Hrishikesh Rajan
VP - Operations
Prasad Asokan
VP - Sales
Santosh Mohanram
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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