When was Specright founded?

Specright was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is Specright located?

Specright is headquartered in Irvine, United States. It is registered at Irvine, California.

How many employees does Specright have?

As of Jul 31, 2026, the latest employee count at Specright is 166.

Is Specright a funded company?

Specright is a funded company, having raised a total of $41.7M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 24, 2016.

When was the latest funding round of Specright?

Specright's latest funding was a $***** Series B round on Jul 13, 2021, with participation from 6 investors.

Where does Specright rank among its competitors?

Specright ranks 3rd amongst 210 active competitors, of which 22 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was MarginEdge, which secured $45M in Dec, 2022.

Who are the top competitors of Specright?

Specright's top competitors include MarginEdge, Ekos Brewmaster and Redzone. Among them, MarginEdge secured the most recent funding round in December, 2022.

Specright - 2026 Company Profile, Team, Funding & Competitors

Specright is a series B company based in Irvine (United States), founded in 2014 by Matthew Wright. It operates as a Specification Management platform for product and packaging lifecycle, driving efficiency. Specright has raised $41.7M in funding from investors like Pritzker Group, Sageview Capital and Okapi Venture Capital. The company has 210 active competitors, including 22 funded and 27 that have exited. Its top competitors include companies like MarginEdge, Ekos Brewmaster and Redzone.

Company Details

Specification Management platform for product and packaging lifecycle, driving efficiency. It offers a cloud-based Specification Data Management (SDM) platform that centralizes specification data to streamline product development, ensure traceability, and meet regulatory demands. The platform provides modules for packaging management, product data management, supplier collaboration, new product development, manufacturing instructions, and formulation. It offers solutions for industries like food and beverage, beauty, consumer goods, packaging, industrials, life sciences, and quick-service restaurants. The platform leverages Artificial Intelligence (AI) to provide insights and actions, enabling complete product transparency, supply chain traceability, proactive material management, and enhanced decision-making speed. It integrates with existing systems and offers resources like case studies, reports, and webinars. The platform aims to optimize costs, accelerate innovation, reduce waste, and drive sustainability through a spec-first approach. It is a SaaS platform.

Website: www.specright.com/
Social
Email ID: *****@specright.com
Phone Number: +1 **********
Registered Address: Irvine, California

Key Metrics

Founded Year

2014

Location

Irvine, United States

Stage

Series B

Total Funding

$41.7M in 5 rounds

Latest Funding Round

Series B, Jul 13, 2021, $*****

Investors

Pritzker Group & 8 more

Ranked

3^rd among 210 active competitors

Employee Count

166 as on Jul 31, 2026

Similar Companies

MarginEdge & 220 more

View Specright's full profile

Specright is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPECRIGHT INC CIN: 471571522 , United States, Active	Dec 31, 1999	-	94 (As on Dec 31, 2024)	-

Specright has raised a total funding of $41.7M over 5 rounds. Its first funding round was on Mar 24, 2016. Its latest funding round was a Series B round on Jul 13, 2021 for $*****. 6 investors participated in its latest round. Specright has 9 institutional investors.

Here is the list of recent funding rounds of Specright:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 13, 2021	2401092	Series B	4458005	2784458	8576575	1071549
Apr 29, 2019	8803904	Series A	5015255	3941867	1708483	Okapi Venture Capital & 2 more
Apr 26, 2018	7774045	Series A	3773091	9134715	3097472	1528663

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View details of Specright's funding rounds and investors

The founders of Specright is Matthew Wright.

Here are the details of Specright's key team members:

Matthew Wright: Founder & Chairman of Specright. They serve on the board of 1 company.
Contact Info: 1 email address

Specright's Board of Directors

Specright's board has 5 active members. Matthew Wright, Scott Stuart, Marc Averitt, Gabe Greenbaum and Christopher Girgenti are independent board members.

Here is the list of Specright's board of directors:

Name	Type	Representing	Status	Duration
Matthew Wright	Independent board member	-	Current	8y 2m
ymcyrlt	Independent board member	-	Current	4y 6m
bjqvynz	Independent board member	-	Current	6y 6m
xgafh{t	Independent board member	-	Current	4y 4m
icqpgmr	Independent board member	-	Current	3y 4m

View details of Specright's Founder profiles and Board Members

Specright's employee count trend

Specright has 166 employees as of Jul 26. Here is Specright's employee count trend over the years:

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Top competitors of Specright include MarginEdge, Ekos Brewmaster and Redzone. Here is the list of Top 10 competitors of Specright, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MarginEdge 2015, Arlington (United States), Series C	Restaurant management software providing real-time data and back-office automation	$83.2M	Osage Venture Partners, Ten Coves Capital ... & 23 others	63/100
2nd	Ekos Brewmaster 2002, Charlotte (United States), Acquired	Developer of business management software for beverage producers and distributors	$29M	Catalyst Investors, Noro-Moseley Partners	60/100
3rd	Specright 2014, Irvine (United States), Series B	Specification Management platform for product and packaging lifecycle, driving efficiency	$41.7M	VMG Partners, THRIVE & 7 others	58/100
4th	Redzone 2012, Miami (United States), Acquired	Provider of a connected workforce platform for manufacturing frontline teams	-	Summit Partners, Lloyd’s Lab Accelerator	55/100
5th	DotPe 2019, Gurugram (India), Series B	Provider of point of sale, online store, and QR solutions	$93.5M	Temasek, PayU & 22 others	46/100
6th	AFS 1985, Tampa (United States), Acquired	Provider of cloud and AI-based software for logistics	$31.2M	Goldman Sachs, TPGSpecialtyLending & 7 others	45/100
7th	Trustwell 2023, Salem (United States), Acquired	Provider of software suite solutions for food manufacturers	-	Riverside	45/100
8th	Produce Pro 1990, Woodridge (United States), Acquired	Provider of a ERP software for perishable food industry	-	-	43/100
9th	Maritech Seafood 1984, Kristiansund (Norway), Acquired	Cloud-based software solutions for seafood and logistics industries	-	-	42/100
10th	BlackSquare 2009, Calgary (Canada), Seed	Online SaaS-based solutions suite for the beverage industry	$2.63M	Accelerate Fund, HorizonOne Asset Management	42/100