Lukas Puender
CEO
R
Retraced
10/10Traction
The startup offers a sustainable supply chain management platform for fashion brands that utilizes artificial intelligence to gather and analyze data on suppliers, working conditions, materials, and environmental impacts. This enables brands to make informed purchasing decisions that align with their sustainability objectives.
- Artificial Intelligence
- Data & Analytics
- Blockchain & Cryptocurrency
- Clean Technology
- Enterprise Software
- Software Only
Updated 20 months ago
Funding
Raised to date
$27.1MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Alstin CapitalNo round attributed
- alstin.capital (opens in a new tab)investor website
PartechNo round attributed
- Source unavailable
SamaipataNo round attributed
- samaipata.vc (opens in a new tab)investor website
Funding rounds are not available yet.
Founders
Product
Problem
Fashion brands face increasing pressure to ensure ethical and sustainable practices throughout their supply chains, but lack the tools to effectively track and manage complex supplier networks, working conditions, and environmental impacts. Evolving regulations like the EU's Digital Product Passport (DPP) and Corporate Sustainability Due Diligence Directive (CSDDD) add further complexity, requiring detailed data collection and transparent reporting.
Solution
Retraced offers a supply chain transparency platform that enables fashion brands to digitize and automate data collection, assess risks, and ensure compliance with sustainability regulations. The platform connects brands with suppliers, providing real-time visibility into the entire supply chain, from raw materials to finished products. Retraced leverages AI-powered tools to validate data, identify potential risks, and facilitate collaboration between brands and suppliers on corrective action plans. By providing a centralized hub for sustainability data, Retraced empowers brands to make informed decisions, improve their environmental and social impact, and build trust with consumers.
Target Audience
The primary target audience includes fashion brands, textile companies, and outdoor/sports brands seeking to improve supply chain transparency, manage sustainability risks, and comply with evolving regulations.
Features
- Supplier questionnaire feature to distribute code of conduct and policy statements to direct and indirect suppliers
- Risk Analysis 3.0, incorporating 21 risk factors and data from 100+ international organizations
- Automated risk analysis for continuous monitoring of supply chain risks
- Risk management feature with heatmaps and priority scoring based on likelihood and severity
- Corrective and Preventive Action (CAPA) feature for real-time collaboration with suppliers and auditors
- Cascade Mapping feature to identify direct and indirect suppliers
- Digital Product Passport (DPP) readiness tools to prepare for EU compliance
- Support for Corporate Sustainability Due Diligence Directive (CSDDD) compliance
- AI-powered document revision to validate traceability data