Adds TraceGains to Portfolio with $6 Million in Capital
Summary
The company has grown rapidly for years, recently accelerated by its acquisition of Healthnotes, the leader in regulatory and consumer education solutions for dietary supplement retailers and manufacturers. “TraceGains is an impressive company on its own, having carved out a fast-growing business in the food and beverage space,” said Rob Belcher, Managing Director of SaaS Capital. We are proud they chose SaaS Capital for their capital partner to accommodate their continued investment in growth.” TraceGains is a rapidly growing software company that delivers cloud-based supplier compliance and quality management solutions for the food, beverage, and supplement industries. At the heart of TraceGains is an advanced network platform that enables companies to automate and optimize their processes through instant information sharing and collaboration throughout the supply chain, which accelerates new product development, eliminates risk, and improves quality. TraceGains is the winner of the Stratus Award for Cloud Collaboration and is also among the Food Logistics Top 100 software and technology providers.
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