Retraced Secures $15 Million in Series A Funding to Revolutionize Sustainable Fashion Traceability

In an exciting development for the fashion industry, Retraced has successfully raised $15 million in its latest funding round, paving the way for its mission to humanize and accelerate sustainability within the global fashion landscape. As a cutting-edge traceability and sustainability compliance management platform, Retraced is committed to transforming how fashion companies manage their supply chains. By providing a comprehensive digital solution, the platform empowers stakeholders to seamlessly trace their supply chains and access critical compliance data, ensuring transparency down to the raw materials. This latest injection of capital will drive the enhancement of Retraced's data-driven capabilities, enabling more robust data collection, analysis, and reporting for working conditions, material sourcing, certifications, and environmental impacts. The funding will also help expand the company's efforts in fostering a collaborative ecosystem among fashion brands—allowing them to make informed production and purchasing decisions that prioritize sustainability. With a vision to create a transparent space that facilitates cross-company collaboration, Retraced is poised to lead the charge in promoting a more responsible and fair fashion future. As consumers increasingly demand accountability and ethical practices from brands, Retraced is filling the crucial gap needed for informed decision-making, paving the way for positive change in an industry that deeply impacts our planet. This landmark funding round underscores both the urgent need for sustainable practices in fashion and the growing recognition of Retraced’s pivotal role within that evolution.