TraceLink

TraceLink

Provides SaaS solutions for pharmaceutical supply chain

About TraceLink

Simplify's Rating
Why TraceLink is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Enterprise Software

Healthcare

Company Size

501-1,000

Company Stage

Series D

Total Funding

$173.7M

Headquarters

North Reading, Massachusetts

Founded

2009

Overview

TraceLink provides technology solutions for the pharmaceutical supply chain, focusing on enhancing administration, communication, data management, and customization for clients in the life sciences sector. Its platform helps manufacturers, distributors, and healthcare providers manage complex supply chain processes, ensuring safe and efficient delivery of medications to patients. TraceLink operates on a Software-as-a-Service (SaaS) model, allowing clients to subscribe to its software online, which generates recurring revenue through subscription fees. The company stands out by offering seamless integration with various partners and services that assist clients in complying with the Drug Supply Chain Security Act (DSCSA). TraceLink also promotes a global community for supply chain professionals to share insights and collaborate, keeping them informed about industry trends and best practices.

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Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Increased blockchain adoption enhances TraceLink's traceability and security solutions.
  • Personalized medicine drives demand for agile supply chain solutions, benefiting TraceLink.
  • IoT integration improves real-time data collection, enhancing TraceLink's data management.

What critics are saying

  • Emerging tech companies offering similar SaaS solutions could erode TraceLink's market share.
  • Rapid technological advancements may outpace TraceLink's innovation capabilities.
  • Data privacy concerns from AI solutions like Amadeus could impact customer trust.

What makes TraceLink unique

  • TraceLink's MINT solution offers seamless data exchange across thousands of partners.
  • The OPUS platform provides a no-code solution for supply chain orchestration.
  • TraceLink is the first to secure all 16 GS1 US Conformance Trustmarks for EPCIS.

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Funding

Total Funding

$173.7M

Meets

Industry Average

Funded Over

5 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$93M
TraceLink
$100M
Affirm

Benefits

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↑ 7%

2 year growth

↑ 9%
PR Newswire
Mar 27th, 2025
Tracelink Secures Top Honors With Bsma Supply Chain Excellence Award For Multienterprise Information Network Tower (Mint) Innovation

BOSTON, March 27, 2025 /PRNewswire/ -- TraceLink, the largest end-to-end digital network platform for intelligent orchestration of the supply chain, has been named a winner of the 2025 BSMA Supply Chain Management Innovation Award for its Multienterprise Information Network Tower (MINT) solution. The BSMA Supply Chain Management Innovation Award recognizes outstanding contributions to supply chain excellence in the biotech and life sciences industry. Winners are selected by a panel of industry leaders and are honored for their innovative strategies, measurable impact, and advancement of supply chain performance.For biopharmaceutical companies ready to expand on their serialization and track-and-trace orchestration investments, MINT—delivered through OPUS, the Orchestration Platform for Universal Solutions— is the next step, transforming compliance into a launchpad for end-to-end supply chain digitalization. By eliminating the need for costly point-to-point integrations and instead substituting affordable, scalable, and interoperable links, MINT enables seamless data exchange across thousands of partners through a single integration to the industry's largest digital network of life sciences and healthcare companies. Powered by TraceLink's Integrate Once, Interoperate with Everyone™ model, MINT boosts profitability, efficiency, and agility across the supply chain—helping companies future-proof operations across direct supply management, external manufacturing, logistics, transportation, and commerce."We're honored that BSMA recognizes the unique journey TraceLink is embarked on to help transform the industry's ability to serve patients globally," said Shabbir Dahod, President and CEO of TraceLink. "For many companies, mandated track-and-trace and compliance requirements were the first step in their digital supply chain journey

PR Newswire
Mar 18th, 2025
Supply Demand Chain Executive Names Tracelink'S Cto, Bob Sturim, As A 2025 Pro To Know

BOSTON, March 18, 2025 /PRNewswire/ -- TraceLink, the largest end-to-end digital network platform for intelligent supply chain orchestration, proudly announces Bob Sturim, TraceLink Chief Technology Officer, as one of the winners of this year's Supply & Demand Chain Executive's Pros to Know Awards. The award recognizes outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chains for competitive advantage.With more than 30 years of technology experience, Sturim has been a driving force in software development, seamlessly blending technical expertise with strategic leadership. Throughout his career, he has built and led high-performing teams, refined agile methodologies, and developed scalable processes to make software more reliable and efficient. At TraceLink, he has played a pivotal role in leading the design and development of the company's end-to-end supply chain orchestration solutions like Track-and-Trace and Multienterprise Information Network Tower (MINT). These solutions, among others, are delivered by the industry's only modern no-code platform multienterprise solutions, OPUS, the Orchestration Platform for Universal Solutions, which offers capabilities that are mission-critical to tens of thousands of companies in the Life Sciences supply chain that are transforming the way critical products reach patients worldwide."Bob's strategic vision and technical expertise have been instrumental in advancing TraceLink's mission to transform supply chain orchestration," said Shabbir Dahod, CEO of TraceLink. "His ability to drive innovation while ensuring seamless execution makes him a true leader in the field

Energy Asia
Mar 11th, 2025
TraceLink Selected as a CIOReview Top Supply Chain Solution Provider of 2025

TraceLink selected as a CIOReview Top Supply Chain Solution Provider of 2025.

Converge Consulting
Feb 4th, 2025
Event Recap: TraceLink FutureLink Barcelona Conference 2024

TraceLink recently hosted FutureLink Barcelona 2024, their annual European meeting for supply chain participants.

BambuUp
Jan 14th, 2025
TraceLink Wins 2024 Merit Award for Technology in HealthTech Category for Second Consecutive Year

TraceLink wins 2024 Merit Award for Technology in HealthTech category for second consecutive year.

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