About Retraced

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.

```xml <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. </problem> <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. </solution> <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 </features> <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. </target_audience> <revenue_model> Retraced generates revenue through a subscription-based model, offering tiered pricing plans based on the features and level of support required. </revenue_model> ```

What does Retraced do?

Where is Retraced located?

Retraced is based in Düsseldorf, Deutschland.

When was Retraced founded?

Retraced was founded in 2019.

How much funding has Retraced raised?

Retraced has raised 27060000.

Location

Düsseldorf, Deutschland

Founded

2019

Funding

27060000

Employees

82 employees

Major Investors

Partech

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Retraced

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Executive Summary

retraced.com 7K+

Crunchbase

Founded 2019 – Düsseldorf, Deutschland

Funding

Estimated Funding

$20M+

Major Investors

Partech

Team (75+)

No team information available.

Company Description

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.

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

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.

Revenue Model

Retraced generates revenue through a subscription-based model, offering tiered pricing plans based on the features and level of support required.