BlueTrace - About the company
BlueTrace is a seed company based in Castine (United States), founded in 2017 by Andrew Condon, Cat Ganim and Chip Terry. It operates as a Provider of software for seafood sales, operations, and regulatory compliance. BlueTrace has raised $4.3M in funding from investors like Maine Venture Fund, CEI and York IE. The company has 105 active competitors, including 14 funded and 4 that have exited. Its top competitors include companies like Maritech, TraceX and Wholechain.
Company Details
Provider of software for seafood sales, operations, and regulatory compliance. The software supports receiving, shipping, digital logs, sales orders, purchasing, and real-time inventory tracking. It offers tools for item and price management, picking and packing, and compliance with food safety regulations. The platform is designed for use in various environments.
- Website
- www.blue-trace.com
- Email ID
- *****@blue-trace.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2017
Location
Castine, United States
Stage
Seed
Total Funding
$4.3M in 4 rounds
Latest Funding Round
Investors
Ranked
10th among 105 active competitors
Employee Count
11 as on Jun 30, 2026
Legal entities associated with BlueTrace
BlueTrace is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Shellfish Solutions CIN: 823973177 , United States, Active | Dec 31, 2016 | - | 8 (As on Dec 31, 2024) | - |
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BlueTrace's funding and investors
BlueTrace has raised a total funding of $4.3M over 4 rounds. Its first funding round was on May 23, 2018. Its latest funding round was a Seed round on Feb 16, 2023 for $*****. 5 investors participated in its latest round. BlueTrace has 8 institutional investors.
Here is the list of recent funding rounds of BlueTrace:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 16, 2023 | 9121899 | Seed | 8176635 | 9606773 | 4615171 | 9574292 |
Jul 01, 2020 | 5389261 | Grant (prize money) | 1285619 | 9132407 | 8289755 | |
Sep 23, 2019 | 5850190 | Seed | 3602445 | 3301922 | 5916813 |
View details of BlueTrace's funding rounds and investors
BlueTrace's founders and board of directors
Founder? Claim ProfileThe founders of BlueTrace are Andrew Condon, Cat Ganim and Chip Terry. Chip Terry is the CEO of BlueTrace.
Here are the details of BlueTrace's key team members:
- Andrew Condon: Co-Founder & Head Of Design & Marketing of BlueTrace and founder of 1 other company.
- Cat Ganim: Co-Founder & Head Of Product of BlueTrace and founder of 1 other company. Contact Info: 2 email addresses
- Chip Terry: Co-Founder & CEO of BlueTrace. Contact Info: 1 email address
View details of BlueTrace's Founder profiles and Board Members
BlueTrace's employee count trend
BlueTrace has 11 employees as of Jun 26. Here is BlueTrace's employee count trend over the years:
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BlueTrace's Competitors and alternates
Top competitors of BlueTrace include Maritech, TraceX and Wholechain. Here is the list of Top 10 competitors of BlueTrace, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cloud-based software solutions for seafood and logistics industries | - | 49/100 | ||
2nd | Provider of blockchain-powered platforms for supply chain transparency and compliance | $1.19M | 47/100 | ||
3rd | Wholechain 2011, Bloomfield Hills (United States), Seed | Provider of blockchain-based traceability solution for agriculture and aquaculture | $3.03M | - | 45/100 |
4th | Developer of supply chain management software for fresh product distribution | $2.9M | 44/100 | ||
5th | Provider of computer vision artificial intelligence for food and beverage production | $23M | 43/100 | ||
6th | Maritech Seafood 1984, Kristiansund (Norway), Acquired | Cloud-based software solutions for seafood and logistics industries | - | - | 42/100 |
7th | Provider of cloud-based supply chain solutions to seafood businesses | $4.75M | 41/100 | ||
8th | Fishmongers 2021, Kolkata (India), Funding Raised | Tech based live fish supply chain platform | - | 40/100 | |
9th | Supply chain management company specializing in the food and beverage sector | - | - | 39/100 | |
10th | BlueTrace 2017, Castine (United States), Seed | Provider of software for seafood sales, operations, and regulatory compliance | $4.3M | 38/100 |
Looking for more details on BlueTrace's competitors? Click here to see the top ones
BlueTrace's Investments and acquisitions
BlueTrace has made no investments or acquisitions yet.
Reports related to BlueTrace
Here is the latest report on BlueTrace's geography:
News related to BlueTrace
•
•
BlueTrace Raises $3.2M in Seed FundingFinSMEs•Feb 16, 2023•Bluetrace, York IE, CEI, SeaAhead and 2 others
•
Shellfish traceability solution BlueTrace announces significant growthSeafoodSource•Feb 07, 2023•BlueTrace
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