TraceGains Secures $30 Million in Funding to Revolutionize Supply Chain Innovation and Compliance Solutions

TraceGains, a leader in supply chain technology, is thrilled to announce that it has successfully raised $30 million in its latest funding round. Founded in 2008, TraceGains has consistently connected people and information to help teams operate smarter in an ever-evolving marketplace. Specializing in networked innovation, quality, and compliance solutions, TraceGains empowers consumer brands to mitigate supply chain risks, streamline business processes, and gain control over their vital data. With the average company discovering that 80% of their suppliers are already part of the TraceGains Network, the platform fosters instantaneous connection and collaboration. This new influx of funding will be instrumental in enhancing TraceGains’ innovative suite of products, allowing companies to innovate faster, increase operational insight, and work more efficiently. Notably, the company was recently recognized as "Best in Category" for Food Safety Management by FeaturedCustomers, a testament to TraceGains’ commitment to customer satisfaction, evidenced by its industry-leading positive reviews. The company has also earned the Stratus Award for Cloud Collaboration, and has been acknowledged among the Food Logistics Top 100 software and technology providers. With this funding, TraceGains aims to further improve its technology offerings, ensuring clients can digitize and standardize quality and compliance documentation seamlessly. As TraceGains continues to grow, it remains dedicated to supporting its clients in achieving greater operational excellence. For more details about TraceGains and its innovative solutions, visit www.tracegains.com, and follow the company on Twitter and Instagram @TraceGains.