nSourcemap offers a supply chain mapping and regulatory compliance platform that traces products back to their raw material origins. The platform helps companies visualize and monitor their supply chains to manage risks, meet regulatory requirements, and generate audit-ready reports for customs authorities. By providing validated, supplier-attested data, nSourcemap enables compliance with global regulations related to environmental and labor standards.
Funding
$20M raised to dateRaised 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.
ECFounders
Product
Problem
Many companies struggle to gain visibility into their complex, multi-tiered supply chains, hindering their ability to manage risks, comply with evolving regulations, and ensure ethical and sustainable sourcing. Traditional methods lack the granularity and real-time data needed to effectively monitor and validate supplier practices from raw material origins to finished products.
Solution
Sourcemap offers a supply chain mapping and regulatory compliance platform that enables companies to trace products back to their raw material origins and monitor upstream suppliers. The platform automates supplier discovery, collects supplier-attested data, and verifies information using third-party databases and AI-powered risk assessment. By providing a comprehensive system of record, Sourcemap facilitates compliance with global regulations related to environmental and labor standards, including CSDDD, EUDR, and forced labor due diligence. The platform's features include transaction traceability, supplier watchlist monitoring, and ERP integration, enabling businesses to manage risks, ensure supply chain resilience, and generate audit-ready reports.
Target Audience
Sourcemap is designed for procurement teams, compliance officers, and sustainability managers in industries such as automotive, electronics, pharmaceuticals, luxury, apparel, cosmetics, food, and agriculture.
Features
- Cascading supplier discovery portal to automate the identification of upstream suppliers
- Supplier and sub-supplier portal for efficient data collection and management
- Continuous mapping to maintain an up-to-date snapshot of the extended supplier network
- AI-powered supplier database to verify information and assess risk in real-time
- Transaction traceability to collect corroborating evidence and meta-data for every shipment
- Supplier watchlist monitoring to identify violations or suspicious associations
- ERP integration for seamless data exchange with existing enterprise systems
- Automated reporting to generate audit-ready reports for customs authorities and internal stakeholders
- Support for various sustainability certifications and standards, including Rainforest Alliance, Fairtrade, and Organic