TagNTrac
Financials
Estimates*
USD | 2021 | 2023 |
---|---|---|
Revenues | <1m | 1.4m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $150k | Early VC | |
N/A | $1.7m | Seed | |
* | $10.0m | Series A | |
Total Funding | $11.8m |
Recent News about TagNTrac
EditTag-N-Trac is a tech startup that operates in the supply chain management sector. The company provides ultra-low-cost, discreet solutions to enhance efficiency, location data, real-time analytics, and track and trace capabilities. Their primary clients are supply chain partners, including Multi-Modal 3PLs, ERP, BI software providers, and packaging/labeling manufacturers.
Tag-N-Trac's business model revolves around integrating their unique, flattened communications technology into packaging. This technology allows for game-changing serialization, enabling supply chain track and trace regulatory compliance. In simpler terms, they help businesses keep track of their products throughout the supply chain, ensuring they meet regulatory requirements such as those set by the FDA FSMA.
Moreover, Tag-N-Trac offers a solution for real-time monitoring of location, tampering, and condition of products. This is achieved by integrating wireless Bluetooth and Cellular technologies into assets, which automates operations and improves efficiencies throughout the logistics lifecycle. They also offer a digitally combined sensor with barcodes, providing real-time visibility down to the product level.
The company generates revenue by selling their technology and services to businesses that need to track their products in the supply chain. Their solutions not only help businesses comply with regulations but also improve operational efficiency and provide real-time data and analytics.
Keywords: Supply Chain Management, Real-Time Analytics, Track and Trace, Regulatory Compliance, Serialization, Location Monitoring, Tampering Detection, Condition Monitoring, Automation, Operational Efficiency.