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TrusTrace πŸ‡ΈπŸ‡ͺ

Series B

AI supply-chain traceability platform for fashion, footwear and textiles covering risk, compliance and sustainability. Stockholm.

About TrusTrace

TrusTrace offers a supply chain traceability platform that centralizes data to enhance risk management, regulatory compliance, and sustainability impact for the fashion, footwear, and textile industries. The platform utilizes AI to unify supplier data, automate reporting, and provide real-time visibility through network mapping and traceability tools, enabling businesses to transition from static data to actionable insights.

TrusTrace is a Sweden-based company founded in 2016, now around 146 people. FundFinder classes it as AI & ML.

Founded by Saravanan Parisutham (Co Founder; previously ABB, HCLTech; Indian School of Business), Hrishikesh Rajan (Cofounder & CGO; previously Axiom Consulting Ltd., HCLTech; Great Lakes Institute of Management), Shameek Ghosh (CEO and Co-Founder; previously GlobalLogic, HCL Infosystems Ltd.; University of Oxford), R Madhava V. (Co-Founder, CTO; previously HCLTech, SRA Systems; EMERITUS).

Company facts from Harmonic and public filings; team backgrounds from public profiles. Refreshed weekly.

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Series B Β· Dec 2024

  • Industrifonden β€” Evergreen Swedish venture capital fund founded in 1979 and based in Stockholm. Β· cheques Β£750k – Β£3.8M
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