TraceX - About the company
TraceX is a seed company based in Bengaluru (India), founded in 2019 by Anil Nadig and Srivatsa Sreenivasarao. It operates as a Provider of blockchain-powered platforms for supply chain transparency and compliance. TraceX has raised $1.19M in funding from investors like Social Alpha, Indigram labs and NABVENTURES, with a current valuation of ₹*****. The company has 2291 active competitors, including 342 funded and 140 that have exited. Its top competitors include companies like Thomson Reuters, EcoVadis and Behavox.
Company Details
Provider of blockchain-powered platforms for supply chain transparency and compliance. The company offers platforms for regulatory compliance, sustainable sourcing, and digital measurement, reporting, and verification. These platforms digitize supply chains, ensure regulatory compliance, and enable circular economy outcomes. The company provides solutions for food traceability, farm management, and sustainability across various industries.
- Website
- tracextech.com
- Social
- Email ID
- *****@tracextech.com
- Phone Number
- +91 **********
- Registered Address
- 113, Gudi Hatti, 6th Cross, E-Block, Krishna Garden, Pattanagere, RR Nagar, Bangalore, BANGALORE, Karnataka, India, 560059
Legal entities associated with TraceX
TraceX is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TRACEX TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2019PTC127455 , India, Active | Aug 28, 2019 | $335K (As on Mar 31, 2025) | 22 (As on Feb 01, 2026) |
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TraceX's funding and investors
TraceX has raised a total funding of $1.19M over 5 rounds. Its first funding round was on Jan 31, 2020. Its latest funding round was a Seed round on Mar 31, 2022 for $*****. 5 investors participated in its latest round. TraceX has 8 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of TraceX:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 31, 2022 | 9934981 | Seed | 1777089 | 7180480 | 7917891 | 5127265 |
Nov 01, 2021 | 8477922 | ICO | 4822705 | 2421164 | 5441193 | 1228164 |
Jun 30, 2021 | 3963075 | Grant (prize money) | 1093095 | 9387664 |
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TraceX's founders and board of directors
Founder? Claim ProfileThe founders of TraceX are Anil Nadig and Srivatsa Sreenivasarao. Srivatsa Sreenivasarao is the CEO of TraceX.
Here are the details of TraceX's key team members:
- Anil Nadig: Former Co-Founder of TraceX and founder of 1 other company. They serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Srivatsa Sreenivasarao: Founder & CEO of TraceX and founder of 1 other company. They serve on the boards of 2 companies.Contact Info: 1 phone number
TraceX's Board of Directors
TraceX's board has 3 active members. Anil Nadig and Srivatsa Sreenivasarao are part of team and Rohini Chikkanayakanahalli Anantharam is independent board member.Here is the list of TraceX's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 9m | |
Team | - | Current | 6y 9m | |
Independent board member | - | Current | 1y 10m |
View details of TraceX's Founder profiles and Board Members
TraceX's employee count trend
TraceX has 24 employees as of Aug 25. The total employee count is the same as what it was in Aug 24. Here is TraceX's employee count trend over the years:
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TraceX's Competitors and alternates
Top competitors of TraceX include Thomson Reuters, EcoVadis and Behavox. Here is the list of Top 10 competitors of TraceX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Thomson Reuters 2008, Toronto (Canada), Public | Cloud based legal enterprise management and data services for businesses | - | 79/100 | |
2nd | Provider of supply chain sustainability risk assessment and management platform | $732M | 72/100 | ||
3rd | Behavox 2014, London (United Kingdom), Series B | Provider of AI-driven platform for regulatory compliance and risk management | $168M | 71/100 | |
4th | OnFinance AI 2023, Bengaluru (India), Seed | Developer of artificial intelligence agents for automated regulatory compliance management | $5.25M | 67/100 | |
5th | Provider of a platform for supply chain traceability and compliance | $30M | 67/100 | ||
6th |  FiscalNote 2013, Washington, DC (United States), Public | Provider of policy tracking, digital advocacy, and government relations software | $188M | 65/100 | |
7th | Manifest Climate 2015, Toronto (Canada), Series A | Provider of AI-powered sustainability intelligence platform for investors and corporations | $29.2M | 65/100 | |
8th |  Secureframe 2020, San Francisco (United States), Series B | Cloud-based compliance management solution provider | $79M | 64/100 | |
9th | Counterfeiting protection for retailers and brands | $5.53M | 63/100 | ||
10th | Thoropass 2019, New York City (United States), Series C | Platform offering integrated compliance management solutions | $98M | 63/100 | |
115th | Provider of blockchain-powered platforms for supply chain transparency and compliance | $1.19M | 47/100 |
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TraceX's Investments and acquisitions
TraceX has made no investments or acquisitions yet.
Reports related to TraceX
Here is the latest report on TraceX's sector:
News related to TraceX
Media has covered TraceX for 1 event in last 1 year, It was about company updates.
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TraceX partners with Univision to offer agri supply chain traceability in AfricaAgro Spectrum India•Oct 18, 2022•TraceX, , Univision
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TraceX Announces Partnership with CannSol to Offer Traceable NutraceuticalsExpress Computer•Sep 06, 2022•TraceX, CannSol
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TraceX, TechnoServe tie-up to offer blockchain traceability for Araku Valley coffee producersBusiness Line•Jun 28, 2022•TraceX, TechnoServe
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TraceX Raises $1 m Pre-series from Nabventures FundTraceX•Apr 07, 2022•TraceX, NABVENTURES, Paipal Ventures
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