Latest round

Series B

Last raised

Jul 2021

Total raised

$39M

Investors

7

About Specright

Specright LLC, founded in 2014 by Matthew Wright, operates from Tustin, California, US. The company focuses on Specification Data Management, allowing organizations to streamline product and packaging specifications. In June 2022, Santa Barbara Venture Partners exited its stake in Specright.Specright offers a comprehensive Specification Data Management Platform designed to streamline the management of product and packaging specifications across industries such as food and beverage, beauty, consumer goods, and life sciences. The platform centralizes specification data, enhancing collaboration throughout the supply chain with features like packaging management, document management, and bill of materials management.Specright's revenue model is based on subscription services for its Specification Management Platform, designed for B2B clients across multiple industries. Clients engage in annual or multi-year subscription agreements, which provide essential tools for managing specifications and collaborating with suppliers.Specright is planning to launch new features in its platform aimed at further enhancing supply chain efficiency and data management capabilities. The company is also targeting expansion into additional markets in Europe and Asia by the end of 2023.00 mn will be utilized to support these product developments and geographic expansions.

Who invested in Specright

7 investors across 4 rounds

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Funding rounds

  1. Series B

    Jul 13, 2021

    Amount

    $30M

    Investors

    Locked

  2. Series A

    Jan 25, 2021

    Amount

    $0.7M

    Investors

    Locked

  3. Series A

    Apr 29, 2019

    Amount

    $8.8M

    Investors

    Locked

  4. Seed

    Feb 17, 2017

    Amount

    Undisclosed

    Investors

    Locked

Questions about Specright

Who invested in Specright?

Specright has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Specright raised?

Specright has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Specright last raise money?

Specright's most recent round on record is a Series B, in Jul 2021.

What does Specright do?

Specright LLC, founded in 2014 by Matthew Wright, operates from Tustin, California, US.

Where is Specright headquartered?

Specright is headquartered in Tustin, US.

Which VCs invest in companies like Specright?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Specright's stage. Their profiles are linked below.

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