OpenSC
Latest round
- Seed
Last raised
- Jun 2019
Total raised
- $2.8M
Investors
- 1
About OpenSC
OpenSC Pty Ltd provides a digital platform for businesses to verify sustainable food production within their supply chains.OpenSC Pty Ltd, founded in 2019, is headquartered in Sydney, Australia. The company enables businesses to monitor and verify sustainable practices in their supply chains. The firm has completed one deal to date.OpenSC specializes in providing a digital platform that enables businesses to verify low-carbon and sustainable food production within their supply chains. Its core offerings include solutions for verifying claims related to the sourcing of key commodities, such as palm oil and fish, ensuring they originate from legal, deforestation-free plantations and that fishing practices do not occur in marine reserves. The platform employs advanced technologies to continuously monitor supply chains, allowing businesses to confirm fair payment practices for farmers, thereby supporting living incomes and reducing land-use pressure. OpenSC serves a diverse clientele, including large corporations in the food and agricultural sectors across various geographical markets, such as North America, Europe, and parts of Asia.OpenSC generates revenue through a combination of subscription-based models and partnership agreements with businesses seeking to enhance the sustainability of their supply chains. Clients engage with the platform to access verification services and insights that support compliance with environmental, social, and governance (ESG) requirements. Transactions typically occur on a B2B basis, with companies paying for tailored solutions that allow them to verify responsible production practices and improve operational efficiencies. These engagements can involve bespoke pricing plans based on the specific needs and scale of the client's operations, often linking to the volume of data processed or the complexity of the supply chain being monitored.OpenSC plans to launch new products designed to enhance verification processes and expand its market reach. The company is targeting expansion into North America and Europe by 2025.
Who invested in OpenSC
1 investor across 1 round
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Funding rounds
Seed
Jun 26, 2019
Amount
$2.8M
Investors
Questions about OpenSC
Who invested in OpenSC?
OpenSC has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has OpenSC raised?
OpenSC has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did OpenSC last raise money?
OpenSC's most recent round on record is a Seed, in Jun 2019.
What does OpenSC do?
OpenSC Pty Ltd provides a digital platform for businesses to verify sustainable food production within their supply chains.
Where is OpenSC headquartered?
OpenSC is headquartered in Sydney, Australia.
Which VCs invest in companies like OpenSC?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back software companies at OpenSC's stage. Their profiles are linked below.
VCs backing software startups at Seed
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