Work Here?
Specright
Work Here?
Specification management and supply chain data platform
Specright
Work Here?
Specification management and supply chain data platform
About Specright
Industries
Industrial & Manufacturing
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$40.9M
Headquarters
Irvine, California
Founded
2014
Overview
Specright specializes in Specification Management and supply chain data management, focusing on the manufacturing, packaging, and product development sectors. The platform allows businesses to manage and optimize product specifications, which include detailed information about ingredients, packaging, and labels. By centralizing this data, Specright helps companies streamline operations, reduce costs, and accelerate innovation. A key feature is the integration of specification data with sales data, enabling data-driven decision-making. Operating on a Software-as-a-Service (SaaS) model, Specright offers a user-friendly platform that promotes high adoption rates. The company also provides educational resources like webinars and a Spec Academy. The goal of Specright is to enhance product quality, optimize costs, and drive sustainable practices in supply chain management.
Simplify's Take
What believers are saying
- Growing demand for sustainable packaging solutions aligns with Specright's offerings.
- The rise of digital twins in manufacturing creates opportunities for Specright.
- Increased focus on supply chain resilience boosts demand for Specright's solutions.
What critics are saying
- Increased competition from startups could erode Specright's market share.
- Economic downturns may impact Specright's subscription-based revenue model.
- Data privacy regulations may impose additional compliance costs for Specright.
What makes Specright unique
- Specright is the first cloud-based platform for Specification Data Management.
- The platform integrates specification data with sales data for data-driven decisions.
- Specright offers additional educational services like webinars and a Spec Academy.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$40.9M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↑ 6%2 year growth
↑ 4%Specright, the leader in Specification Management software, announced a partnership with How2Recycle, a standardized labeling system that clearly communicates disposal instructions to the public.
This year Specright, Inc. is excited to announce that Specright, Inc. were awarded 3 new awards, America's Regional High Performer, Best Relationship, and Best Support, all in the category of Supplier Relationship Management.
Specright named 2023 Top Tech Startup by Food Logistics, Supply & Demand Chain Executive.
Specright, the leader in Specification Management software that helps customers take control of their supply chain data, today announced a joint partnership with Trustwell, a SaaS company setting the standard for compliance, transparency, and quality in the food and supplement industries.
Specright, Inc. were named the third most innovative company in the enterprise category, recognizing the impact Specright has on how companies bring products to market.
There are no jobs for Specright right now.
Find jobs on Simplify and start your career today
About Specright
Industries
Industrial & Manufacturing
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$40.9M
Headquarters
Irvine, California
Founded
2014
There are no jobs for Specright right now.
Find jobs on Simplify and start your career today