How Much Did TraceGains Raise?
Funding & Key Investors

TraceGains, a provider of cloud-based supplier compliance, quality, and innovation solutions, has secured $1M in total capital, with a recent strategic investment of $1M on April 7, 2020. This significant financing underscores the company's pivotal role in enabling robust supply chain management for businesses within the food, beverage, and dietary supplements sectors.

What is TraceGains?

TraceGains
SoftwareSupply Chain Management (SCM) Software

TraceGains operates at the intersection of technology and regulatory adherence, offering a comprehensive suite of cloud-based solutions designed to streamline supplier compliance, enhance quality control, and foster innovation. The platform is particularly vital for companies in highly regulated industries such as food, beverage, and dietary supplements, where maintaining stringent standards and ensuring supply chain integrity are paramount. By centralizing supplier data and automating compliance workflows, TraceGains empowers its clients to mitigate risks, improve operational efficiency, and accelerate product development cycles.

How much funding has TraceGains raised?

TraceGains has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in TraceGains

PPP

Public-Private Partnership

What's next for TraceGains?

The substantial enterprise-level funding and recent strategic investment indicate a strong market validation for TraceGains's offerings. This capital infusion is expected to fuel further expansion of its technological capabilities, enhance its market reach, and potentially support strategic acquisitions. The company is well-positioned to capitalize on the growing demand for transparent and compliant supply chains, further solidifying its leadership in providing critical solutions for quality and innovation management within its target industries.

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Frequently Asked Questions Regarding TraceGains Financial Insights

What are the most recent funding rounds that TraceGains has completed, and what were the funding rounds?
TraceGains has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding TraceGains has raised to date?
TraceGains has raised a total of $1M in funding to date.
How many funding rounds has TraceGains completed?
TraceGains has completed 1 funding rounds.
How much funding did TraceGains raise in its most recent funding round?
TraceGains raised $1M in its most recent funding round.
Who are the lead investors in TraceGains's latest funding round?
The lead investor in TraceGains's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in TraceGains's history?
The largest funding round in TraceGains's history was $1M.
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