# Bext Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bext-holdings

- Industry: Software
- Headquarters: Denver, US
- Website: www.bext360.com
- Total disclosed funding: $2.1M
- Latest round: Seed (Jun 1, 2018)
- Investors on record: 2

## About

Bext360 operates an AI-driven SaaS platform ensuring traceability and accountability in global supply chains, with a strong emphasis on sustainability and ethical sourcing practices.Bext Holdings Inc. specializes in providing accountability and traceability solutions for supply chains. Headquartered in Denver, US, the company was founded by Daniel Jones and Dean Kingston. It raised USD 2.15 mn in Seed funding on June 1, 2018, led by SKS Ventures with participation from Plug and Play Ventures. This funding supports their operational capabilities in tracking agricultural and textile products across North America, Latin America, and Africa.Bext360 offers an AI-driven SaaS platform that delivers comprehensive accountability and traceability for global supply chains. The platform includes blockchain-enabled traceability solutions that monitor products from farm to retail while ensuring visibility into worker compensation, carbon emissions, and resource usage. Key features comprise the Ethica compliance tool for automating assessments and the Scope360 Carbon MRV solution for measuring carbon footprints. The company serves clients like Esselunga and BASF, along with various producers and importers across industries such as agriculture, textiles, and minerals, tracing products from 42 countries.Bext360 generates revenue via a subscription-based model with tiered pricing plans, including a Producer Plan at USD 0 per month, a Standard Plan at USD 925 per month, and custom pricing for Enterprise solutions. Each plan offers varying access to features such as mobile data collection and customizable dashboards. The company engages in B2B partnerships, facilitating retailers and wholesalers in improving their sourcing practices and ensuring compliance with sustainability requirements.Bext360 plans to enhance its service offerings with new products aimed at bolstering supply chain transparency and compliance. The recent USD 2.15 mn funding will support the development of these products. Additionally, the company aims to expand into new geographic markets, focusing on deeper penetration in South American and African regions by the end of 2024. This strategy aligns with their goal of increasing the number of products traced and enhancing their platform's capabilities.

## Funding rounds

- Seed, Jun 1, 2018, $2.1M — Plug and Play, SKS Ventures

## Investors

- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- SKS Ventures (https://capitalatlas.ai/funds/sks-ventures) — Seed