TrusTrace

Private

StockholmEnterprise Softwarehttps://trustrace.com

Last Round

Series B

Jan 18, 2024

Total Funding Raised

$31.08M

Company Overview

TrusTrace is a software company that provides a market-leading traceability platform for fashion, footwear, and textile companies to manage supply chain risk, compliance, and impact.

Sector

Enterprise Software

Verticals

Supply Chain Tracking, Compliance & Risk, ESG Analytics, Vertical SaaS, Retail Technology

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

supply chain transparencyproduct traceabilityfashion supply chainmaterial traceabilitysupply chain mappingcompliance managementDigital Product PassportsDPPsupply chain visibilitysustainability reportingforced labor preventionsupply chain softwarefashion techgreenwashing preventionESG risk managementsustainability claimsB2B SaaSAI-powered supply chainblockchain

Historical Pricing

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TrusTrace Comps

Public and private peers based on sector, stage, and business model.

Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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TrusTrace Funding Rounds

Historical fundraising activity

Round	Date	Amount Raised	Valuation	Investors	Sources
Series B	Jan 18, 2024
Series A	Oct 14, 2021
Seed	Sep 6, 2019

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Key People

Founding team and executive leadership

R Madhava V.

Co-Founder, CTO

Founding Team

Shameek Ghosh

CEO And Co-Founder

Founding Team

TrusTrace Investors

Notable investors and investment history

Investor	Rounds
BackingMinds	Series A, Seed
Fashion for Good	Series A
Circularity Capital	Series B
Industrifonden	Series B, Series A
Fairpoint Capital	Series B, Series A

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Market signals

Structured signals derived from secondary market and firmographic data.

Feb 19, 2026
Launched a Human Rights Due Diligence platform with retail partners.
Dec 22, 2025
Added Hugo Boss Group as a customer.

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TrusTrace Filings

SEC and related filings with document metadata.

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TrusTrace Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersStockholm

Employee Range159

Year Founded2016

Last FundingJan 18, 2024

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