SmarterX

SmarterX

Product compliance and data intelligence platform

About

SmarterX focuses on product compliance and intelligence for retailers and suppliers, ensuring that products meet environmental and safety standards. The company uses data analysis and machine learning to help businesses understand product chemistry and assess risks by analyzing vast amounts of data. Their platform connects product data to regulatory requirements, providing real-time insights into supply chain risks and cost-saving opportunities through an API that integrates with clients' systems. Unlike competitors, SmarterX emphasizes the combination of compliance and sustainability, showing that responsible business practices can also be cost-effective. The goal of SmarterX is to facilitate intelligent decision-making that leads to compliance, reduced environmental impact, and improved efficiencies.

Company Stage

Series A

Employees

51-200

Industries

Data & Analytics, Consulting, AI & Machine Learning

Total Funding

$92.7M

Headquarters

Boulder, Colorado

Founded

2015


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Simplify's Take

What believers are saying

  • Growing demand for sustainable supply chain solutions boosts SmarterX's market potential.
  • AI in regulatory compliance is expected to grow 30% annually, benefiting SmarterX.
  • The product compliance software market is projected to reach $5 billion by 2025.

What critics are saying

  • Emerging startups with similar solutions could erode SmarterX's market share.
  • Changes in trade policies may require adjustments to SmarterX's platform.
  • Data privacy regulations could increase operational costs for SmarterX.

What makes SmarterX unique

  • SmarterX specializes in product compliance and intelligence for retailers and suppliers.
  • The platform uses machine learning for real-time supply chain risk insights.
  • SmarterX offers API-based solutions for seamless integration of compliance data.

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