retraced revenue hit $1.5M in 2024

retraced generates revenue from 50 customers

retraced

Kissonerga, Cyprus, Germany

How did Latka collect this data?

Latka collected this data by interviewing retraced CEO Peter Merkert on Nov 10, 2021

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How retraced hit $1.5M revenue and 50 customers in 2023.

retraced provides a SaaS solution enabling tracing of fashion supply chains with Blockchain technology - Building trust through transparency. Sustainability management platform

Founded

2018

Founded

Revenue

$1.5M

2023 Revenue

YOY

49.5%

YOY

Funding

$1.5M

Funding

retraced Revenue

In 2023, retraced revenue run rate hit $1.5M in revenue.

  • 2023

    retraced hit $1.5M in revenue in 2023

  • 2022

    retraced hit $1M in revenue in 2022

  • 2021

    retraced hit $600K in revenue in 2021

  • 2021

    retraced hit $600K in revenue in 2021

  • 2020

    retraced hit $24K in revenue in 2020

  • 2018

    retraced launched in 2018 with $0 revenue

retraced Funding History

  • 2021 Seed Round

    retraced raised a Seed Round of in November, 2021

  • 2020 Seed Round

    retraced raised a Seed Round of in January, 2020

FUNDING DATE ROUND AMOUNT VALUATION
November, 10 2021 Seed Round
January, 15 2020 Seed Round

Team

retraced has 56 total employees. They have 50 customers an engineering team of 14

DISTRIBUTION QTY
Total team size 56
Engineer 14 (25%)

Founder / CEO

Peter Merkert

I am a tech wizard with strong business knowledge how to run a company successfully. I started early to realize that the true challenge in our society will be bridging the tech and non-tech world. Especially with topics like blockchain, more confusion is created than problems solved. But asides the tech knowledge, I am a fast leaner to adopt to todays challenge running a company: Including semi-remote setup, agility in development and quick learn iteration loops to fail fast 🙂

Q&A

  • What's your age?

    31

  • Favorite online tool?

    GitHub

  • Favorite book?

    Rich Dad Poor Dad

  • Favorite CEO?

    None

  • Advice for 20 year old self

    -

Customers

Churn

retraced Executives

Name Position Working Email Personal Email
Peter Merkert CEO [email protected] -

retraced Employees

Name Position Working Email Personal Email
Peter Merkert CEO [email protected] -

Frequently Asked Questions about retraced

  • When was retraced founded?

    retraced was founded in 2018.

  • How much revenue does retraced generate?

    retraced generates $1.5M in revenue.

  • Who is the CEO of retraced

    The CEO of retraced is Peter Merkert.

  • How much funding does retraced have?

    retraced raised $1.5M.

  • How many employees does retraced have?

    retraced has 56 employees.

  • Where is retraced headquarters?

    retraced is headquartered at Kissonerga, Cyprus, Germany

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