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Clichy-based TRACE offers the Trace+ platform for supply chain tracking in food, pharmaceuticals and consumer goods.
Founded in 2003 and based in Clichy, France, TRACE provides tracking and monitoring of supply chains, mainly for food, pharmaceuticals and consumer goods. Its Trace+ platform gives stakeholders real-time data on product journeys, supporting safety, compliance and sustainability. TPG Growth acquired a 75% stake in January 2018, and the transaction was completed in May 2018 for EUR 30 mn. Revenue comes mostly from tiered subscriptions and B2B work with manufacturers and retailers.
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