Momentum is a platform that automates data collection, auditing, and compliance for fashion brands and suppliers, facilitating streamlined ESG reporting and supply chain transparency. It addresses the need for accurate eco-footprint data and regulatory compliance, particularly in preparation for the EU Digital Product Passport.
Funding
$160K 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.
Founders
Product
Problem
Fashion brands and suppliers face increasing pressure to comply with environmental, social, and governance (ESG) regulations and provide supply chain transparency. Collecting and auditing accurate eco-footprint data is challenging, especially with the upcoming EU Digital Product Passport requirements. This necessitates a streamlined approach to data collection and reporting to avoid duplicated efforts.
Solution
Momentum offers a platform designed to automate data collection, auditing, and compliance processes for fashion brands and their suppliers, simplifying ESG reporting and promoting supply chain transparency. The platform connects brands and suppliers, enabling the seamless integration of eco-footprint data and eliminating redundant data entry. Momentum facilitates compliance with evolving regulations, including the EU Digital Product Passport, by providing tools for data validation, supply chain mapping, and sustainability storytelling. The Digital Tag Creator allows brands to communicate their commitment to circular fashion through engaging content modules, such as eco-footprint details, price breakdowns, and supply chain travel maps.
Target Audience
The primary target audience includes fashion brands and their suppliers who need to streamline ESG data collection, ensure supply chain transparency, and comply with regulations like the EU Digital Product Passport.
Features
- ESG Collect: Streamlines the gathering of environmental, social, and governance data for seamless sustainability reporting.
- ECO Insights: Provides insights into ecological footprint, empowering data-driven environmental improvements.
- ProductSync: Ensures product data is accurately aligned and updated across all platforms in real time.
- Compliance Hub: Manages and ensures global compliance effortlessly, staying ahead of regulatory demands.
- SupplierCheck: Evaluates and monitors suppliers' sustainability performance, enhancing supply chain integrity.
- AuditLog: Maintains a tamper-proof record of all sustainability audits and actions, ensuring transparency and accountability.
- Digital Tag Creator: Enables creation of digital tags (QR codes) with modules for supply chain traceability, analytics, and LCA score calculation.
- PIM/PLM Integrations: Integrates with existing Product Information Management (PIM) and Product Lifecycle Management (PLM) systems.