TracePass, a supply chain traceability startup focused on improving transparency across critical material industries, has raised approximately $341,000 in pre-seed funding to develop its platform for documenting material origins, managing supply chain risks, and supporting regulatory compliance. The round included investment from Supply Chain Ventures, which lists TracePass among its portfolio companies focused on supply chain visibility and technology innovation.

Founded in 2025, TracePass is building a supply chain traceability marketplace designed to help companies verify the origin of materials and improve visibility across complex global supply networks. The company initially focuses on critical materials, including rare earth elements, which play an important role in industries such as automotive, defense, and advanced manufacturing. TracePass aims to provide businesses with tools to prove material provenance, meet regulatory requirements, and reduce risks associated with opaque supply chains.

The company was created in response to growing demand for greater supply chain transparency. Businesses across industries are facing increasing pressure to understand where materials originate, how they move through global networks, and whether suppliers meet evolving compliance standards. TracePass is developing a platform that brings together documentation, verification processes, and supply chain intelligence to help organizations better understand and manage their sourcing operations.

TracePass describes its platform as a system designed to create digital “passports” for materials, allowing companies to track information from the point of origin through finished products. The company’s approach combines workflow digitalization, documentation management, and verification services to help organizations reduce uncertainty in their supply chains. Its technology is aimed at industries where material origin and reliability are increasingly important factors in procurement and risk management.

The newly raised capital will support TracePass as it continues developing its technology and expanding its marketplace. The company has said its funding will help accelerate efforts to close supply chain visibility gaps and support partnerships with organizations seeking better traceability solutions. TracePass has also indicated that its pre-seed round was oversubscribed, reflecting investor interest in technologies addressing supply chain integrity challenges.

Supply Chain Ventures, the disclosed investor associated with TracePass’s financing, focuses on companies developing technology solutions for supply chain management, logistics, and related infrastructure. The firm invests in businesses using information technology, data analytics, and automation to improve global supply chain operations.

Supply Chain Ventures’ investment in TracePass aligns with the firm’s broader focus on supply chain visibility and resilience. The investor’s portfolio includes companies working across areas such as logistics technology, supply chain planning, digital networks, and risk management. TracePass appears alongside other supply chain technology companies in the firm’s portfolio, reflecting investor interest in tools designed to modernize global commerce infrastructure.

TracePass is targeting a market shaped by increased attention on critical materials and supply chain security. Rare earth elements and other specialized materials are essential for technologies ranging from electric vehicles and electronics to defense systems. However, many supply chains remain difficult to verify because information is often fragmented among suppliers, manufacturers, and intermediaries. TracePass aims to address this challenge by creating a more transparent and accessible system for tracking material information.

The company’s platform is designed to help businesses collect and organize supplier information, verify documentation, and identify potential gaps in their supply chains. By improving visibility into sourcing networks, TracePass aims to help companies make better procurement decisions and respond more effectively to regulatory and customer requirements.

The investment comes as companies across manufacturing, automotive, and defense sectors increasingly prioritize supply chain resilience. Recent disruptions and geopolitical challenges have highlighted the importance of understanding supplier networks and securing access to essential materials. Technology platforms that provide greater transparency and verification are becoming increasingly valuable as businesses seek to reduce operational risks.

With its pre-seed financing secured, TracePass plans to continue building its traceability infrastructure and expanding its network of supply chain participants. The company’s long-term goal is to create a trusted system for tracking critical materials from their source to final applications. As industries place greater emphasis on transparency, compliance, and supply chain security, TracePass aims to become a key technology provider helping companies establish more reliable and accountable sourcing networks.

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