Specright provides a SaaS platform for specification management and supply chain data in manufacturing, packaging, and product development. It stores and organizes detailed specs—such as ingredients, packaging, and labels—and links them with sales data to enable data-driven decisions. The platform is subscription-based and includes dashboards, workflows, and learning resources to drive adoption. Specright differentiates itself by focusing specifically on specification management and data integration for the packaging and manufacturing sectors, helping customers reduce costs, improve quality, and support sustainable innovation.
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$42M
Headquarters
Los Angeles, CA
Founded
2014
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Total Funding
$42M
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Sustainability Awards Finalist Interview: Specright and Lorax's EPR compliance data platform. Specright and Lorax EPI's data platform for EPR compliance is a finalist in the Digital Transformation category of this year's Sustainability Awards (with the winners due to be announced this evening). In this interview, Specright tells Packagingeurope more about the entry. You're a finalist in the Sustainability Awards 2026. Congratulations! To start off, could you summarize your entry in less than 50 words? Specright and Lorax EPI deliver an integrated, specification-level data platform that digitizes packaging data and automates EPR compliance reporting. Brands measure, reduce, and report sustainability performance at scale across global markets, turning fragmented packaging records into a system of record for regulatory action. Why do you think the judges were impressed with your entry? Tell Packagingeurope about what is innovative about your project and its impact on packaging sustainability. The ever-evolving regulatory landscape for packaging, EPR, PPWR, Digital Product Passport, and more, is expanding faster than most organizations can track it. Specright built the first platform to put the spec at the centre of that response. Instead of treating compliance as a downstream reporting exercise, the platform starts at the packaging level: material type, weight, recyclability, and PCR content are captured once, structured, and connected directly to Lorax EPI's regulatory engine. That connection, spec-level data feeding live, jurisdiction-specific EPR fee calculation, didn't exist in the market before this partnership. The impact is measurable. For example, a large retailer with 100,000+ SKUs went from zero records to 92% packaging data coverage for EPR regulation reporting in two months. Oriflame used structured specification data to reach 48% recycled content in PET packaging and now tracks over 600 tonnes of PCR material annually. Unilever Prestige achieved 35-65% cost savings across core components through the same visibility. Spec-first isn't a reporting convenience, it's a fundamentally different way to approach regulatory compliance, and the results show it. Finally, can you tell Packagingeurope about the ongoing development of your project, such as how it has been received by the industry? As regulations increase and evolve, so has the Specright platform. Specright now has added PPWR Declaration of Conformity functionality and PFAS management, closing gaps as new EU PPWR articles take effect. On the AI side, Specright's AI Assistant now drives two new capabilities: supplier collaboration tools that take unstructured supplier data, in any format, and convert it into standardized, managed specs ready for regulatory use, and AI agents focused on data completeness and readiness, plus packaging material recommendations that optimize for both cost and sustainability. The Specright and Lorax EPI partnership has seen particularly strong early traction in EMEA, coinciding with Specright's expanded presence in the region. The embedded EPR and eco-modulation offering is resonating with European brands navigating PPWR ahead of enforcement, proof that spec-first compliance scales across jurisdictions, not just within them. The winners of this year's Sustainability Awards are due to be announced on the 11th November at the Sustainable Packaging Summit, taking place from the 10th -12th November in Utrecht, Netherlands. The Summit mobilizes leaders of the FMCG value chain, policymakers, NGOs, recyclers and investors to collaborate, remove barriers and identify opportunities on the road to sustainable transformation.
Specright has launched four AI-powered platform advances for its Specification Data Management and Product Lifecycle Management systems. The company released R&D Workbench for Food & Beverage, an AI Assistant, and two specialist agents focusing on data anomalies and packaging selection. The R&D Workbench enables teams to create and validate formulas, labels, and claims with built-in FDA, EU, Health Canada, and USDA compliance. Beta customers reported up to 10 times faster formula creation and 50% time savings on non-lab tasks. The Data Anomaly and Gaps Agent identifies missing or incorrect specification data before compliance issues arise. The Packaging Selection Agent ranks sourcing options by cost, performance, and sustainability. CEO Mike Boese said the release demonstrates practical Specification Intelligence, allowing product developers to work faster whilst maintaining compliance standards. The company plans to extend the R&D Workbench to personal care products next.
Specright doubles down on AI, launching four major platform advances across the Product Lifecycle. Specright's latest 2026 release deepens its AI investment with a new R&D Workbench, a smarter AI Assistant, and two new specialist agents. LOS ANGELES - Specright, the leader in AI-powered Specification Data Management(TM)(SDM) and modern Product Lifecycle Management (PLM), today announced the general availability of R&D Workbench for Food & Beverage, AI Assistant, and... August 26, 2026 at 8:05 a.m. Specright's latest 2026 release deepens its AI investment with a new R&D Workbench, a smarter AI Assistant, and two new specialist agents. LOS ANGELES - Specright, the leader in AI-powered Specification Data Management(TM)(SDM) and modern Product Lifecycle Management (PLM), today announced the general availability of R&D Workbench for Food & Beverage, AI Assistant, and two new specialist agents: Data Anomaly and Gaps and Packaging Selection. Specright just shipped its biggest AI release yet: a smarter AI Assistant, 2 new specialist agents, and R&D Workbench now GA. Intelligence starts with the spec. #AI #PLM #SpecificationManagement "This release brings the clearest proof yet of what Specification Intelligence means in practice," said Mike Boese, CEO of Specright. "An AI Assistant that plans and executes multi-step work, agents that catch problems before they become recalls or write-offs, and R&D Workbenches that let product developers move at the speed of AI without sacrificing compliance rigor. Gartner(R)'s recent research puts F&B PLM adoption at 32% today, with 134% growth projected by 2030 - that's the whitespace Specright is eager to capture." Now, generally available, R&D Workbench for Food & Beverage, enables R&D and regulatory teams to create and validate formulas, labels, and claims with AI, all backed by built-in FDA, EU, Health Canada, and USDA compliance. Beta customers reported up to 10x faster formula creation and 50% time savings across non-lab tasks. The next vertical solutions will be R&D Workbench for Personal Care, extending the platform to cosmetics, skincare, and personal care formulation. The Specright AI Assistant adds usage alerts, more accurate write actions, and steadier responses, giving teams more control and fewer surprises. Two new specialists join the AI Assistant: the Data Anomaly and Gaps Agent, which proactively surfaces missing, incorrect, or suspicious specification data before it becomes a compliance or cost problem, and the Packaging Selection Agent, which ranks sourcing options by cost, performance, and sustainability. "Every agent we ship has to make a real decision easier without taking control away from the person who owns it," said Karthik Rajagopal, Chief Product Officer of Specright. About Specright Specright(TM) is the AI platform for intelligent Specification Data Management(TM), advanced packaging, and modern Product Lifecycle Management. Specright helps companies accelerate product development, improve compliance and sustainability, and reduce costs. Specright connects specifications across raw materials, formulas, packaging, products, and finished goods, enabling teams to manage the product lifecycle from concept through commercialization. For more information: www.specright.com.
Specright doubles down on AI, launching four major platform advances. With the most recent product release of 2026, Specright deepens its AI investment with the first R&D Workbench, a smarter AI Assistant, and two new specialist agents. August 26, 2026 AI Food & Beverage Packaging Product Lifecycle Management Specification Management LOS ANGELES, Calif., August 25, 2026 - Specright, the leader in AI-powered Specification Data Management(TM)(SDM) and modern Product Lifecycle Management (PLM), today announced a sweeping wave of product innovation that deepens the company's investment in AI across its platform. The release includes the general availability of R&D Workbench for Food & Beverage, enhancements to the Specright AI Assistant, and two new AI Assistant specialists: the Data Anomaly and Gaps Agent and the Packaging Selection Agent. Today's announcement builds on the AI-first vision unveiled at Spec Summit 2026 in New Orleans this past February, where the company introduced its evolution toward "Specification Intelligence," an AI-powered layer built on top of the industry's first purpose-built SDM platform. "We've been heads-down turning our AI-first vision into shipped products," said Mike Boese, CEO of Specright. "This release is the clearest proof yet of what Specification Intelligence means in practice: an AI Assistant that plans and executes multi-step work, agents that catch problems before they become recalls or write-offs, and R&D Workbenches that let product developers move at the speed of AI without sacrificing the compliance rigor their business depends on. We are not bolting AI features onto our platform - we are building AI into the spec-first foundation itself." R&D Workbench reaches a milestone: General Availability for Food & Beverage. Specright's R&D Workbench, the AI-native formulation, labeling, and claims solution the company previewed in early access at Spec Summit 2026, reaches General Availability for Food & Beverage teams. R&D Workbench for Food & Beverage enables R&D and regulatory teams to create or modify formulas using natural language prompts, re-create formulas from reference products, auto-generate compliant nutrition panels, validate nutrient content claims in real time, and optimize formulas through AI-led ingredient substitutions. All of this happens within a single, connected platform with built-in support for FDA, EU Regulation 1169/2011, Health Canada, USDA, and other global frameworks. Early customers reported meaningful gains across the formulation lifecycle: * Up to 10x faster formula creation * 50% time savings across non-lab tasks * Up to 90% reduction in label creation time using AI-powered label templates This launch coincides with the newly published Gartner(R)'s report, Market Overview for PLM Software in Food and Beverage Manufacturing (August 2026), which finds the category still has significant room to grow. Citing that only 32% of food and beverage manufacturers have adopted a PLM solution today, with adoption projected to grow 134% by 2030. The report also lists specification management as a mandatory capability for F&B PLM software: in its opinion the same principle Specright has built its platform around from the start*. The next vertical solution will be R&D Workbench for Personal Care. Like R&D Workbench for Food & Beverage, it's built on the same spec-first architecture that allows finalized formulas to flow directly into Specright's PLM solution, providing one connected system from bench to manufacturing. AI Assistant: ask your spec data anything, get answers in seconds. Specright is also formally introducing the Specright AI Assistant, giving teams additional avenues for interacting with the Specright platform. Teams are now able to ask natural-language questions about ingredients, formulas, packaging, or finished goods and get an instant, traceable answer pulled straight from live records. For a quality manager who can update a spec's status and route it for approval without leaving the conversation, or a packaging engineer who can turn a sourcing recommendation into a new specification with a single request, the AI Assistant does more than answer questions, it gets the work done. Data Anomaly and Gaps Agent finds what's missing before it becomes a problem. The Specright AI Assistant is also the home for a growing set of specialist agents working proactively in the background. The Data Anomaly and Gaps Agent proactively finds what is missing, incorrect, or suspicious in specification data and routes users to the right next action. Because specification data drives every downstream decision, even small gaps or errors can cascade into compliance exposure, lost margin, and production disruption. This agent understands the PLM domain and customer configurations, including product hierarchies, business rules, and regulatory requirements, rather than performing generic validation. Packaging Selection Agent ranks sourcing options, not just search results. Specright also introduces the Packaging Selection Agent, an intelligent sourcing specialist built directly into the Specright AI Assistant. Rather than simply searching for materials, the agent ranks them, weighing competing priorities such as performance and sustainability to surface options that are more cost effective or more sustainable. It also validates availability by connecting internal SpecGraph data with external supplier catalogs and material databases. As the agent works, it streams its reasoning step by step with source attribution, so users can see exactly how each recommendation was reached. "Every agent we ship has to pass the same test: does it make a real decision easier without taking control away from the person who owns that decision," said Karthik Rajagopal, Chief Product Officer of Specright. "The Data Anomaly and Gaps Agent and the Packaging Selection Agent are built exactly that way - they do the heavy lifting of finding problems and ranking options, then handing the decision back to the packaging engineer, the quality manager, or the sourcing lead. That is the design principle behind everything in our AI Assistant: security, choice, and human control, by default, every time." About Specright Specright(TM) is the AI platform for intelligent Specification Data Management(TM), advanced packaging, and modern Product Lifecycle Management. Specright helps companies accelerate product development, improve compliance and sustainability, and reduce costs. The platform connects specifications across raw materials, formulas, packaging, products, and finished goods, enabling teams to manage the product lifecycle from concept through commercialization. Trusted by leading companies across food & beverage, consumer packaged goods, packaging, medical devices, retail, and industrials, Specright is redefining how companies manage the data and processes behind their products. For more information, visit: www.specright.com. *Gartner, Market Overview for PLM Software in Food and Beverage Manufacturing, Brady Barnes, Rajan Saini, Claudia Clemens, 19, August 2026 Gartner is a trademark of Gartner, Inc. and/or its affiliates. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Media Contact: Laura Sams VP, Marketing [email protected] Get started. With Specright's Solution Suite, you can digitize, centralize, and link your specification data to drive efficiencies, intelligence, traceability, and collaboration within your organization and across your supply chain network. GET A DEMO
Fueling the future of Sustainable Packaging with Cory Connors & Matt Saunders. July 27, 2026 Packaging Sustainability Sustainable Packaging In this joint episode with the Sustainable Packaging Podcast, Matthew Wright and Laura Foti join Cory Connors and Matt Saunders to discuss the exciting new partnership between Specright and New Earth Ventures. Together, they explore how digitizing packaging data, leveraging practical AI, and strategically deploying venture capital can transform global supply chains. From staying ahead of Extended Producer Responsibility (EPR) regulations to driving faster product innovation, this episode breaks down why accurate spec data is the foundation of modern, waste-free business. Beyond Packaging is presented by Specright, the leader in Specification Management. * Laura Foti Laura is the Chief Customer Officer at Specright, where she leads teams across professional services, customer success, and support to ensure customers thrive. She also co-hosts the "Beyond Packaging Podcast," with Matthew Wright, where they discuss industry trends, interview leading innovators, and discuss the history of different types of packaging. Prior to Specright, she led advertising and analytics at GE Digital, GE's Industrial Internet software business. Before that, she was a consultant at Deloitte Digital working in enterprise digital transformation. Laura was named to the Forbes 30 Under 30 list for marketing and advertising and Brand Innovators 40 Under 40 and 100 Women to Watch lists. She graduated from the S.I. Newhouse School of Public Communications at Syracuse University. * Matthew Wright Matthew Wright is the founder & executive chairman of Specright, the first cloud-based platform for Specification Management. Specright has been recognized by Fast Company's prestigious Most Innovative Companies list, named a Gartner Cool Vendor, and as one of the Top Places to Work by the OC Register and Built in LA. Wright is also a published author and his book, "The Evolution of Products and Packaging,"was named to the Amazon Hot New Release List for Industrial Relations Business and has a five star rating. Prior to founding Specright, Wright spent more than 25 years in the packaging industry, holding leadership positions at International Paper, Temple Inland, and rightPAQ - a packaging company he co-founded. He has also been involved in leading multiple M&A deals in the packaging industry, currently sits on the MSU School of Packaging and Industry Advisory Board and previously served on the Packaging Advisory Board at Cal-Poly San Luis Obispo. Get started. With Specright's Solution Suite, you can digitize, centralize, and link your specification data to drive efficiencies, intelligence, traceability, and collaboration within your organization and across your supply chain network. GET A DEMO
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$42M
Headquarters
Los Angeles, CA
Founded
2014
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs