Press Release

Specright Named 2023 Top Tech Startup by Food Logistics, Supply & Demand Chain Executive

This award spotlights top software and technology startups in the supply chain and logistics space.

Posted on 
December 4, 2023
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TUSTIN, Calif. —Dec. 4, 2023 — Food Logistics, the only publication exclusively covering the movement of product through the global cold food supply chain, and Supply & Demand Chain Executive, the only publication covering the entire global supply chain, selected Specright as one of this year’s Top Tech Startups, which spotlights top software and technology startups in the supply chain and logistics space.

“We’re honored to be named a Top Tech Startup as yet another powerful proofpoint of the incredible commitment of the Specright team in delivering a transformative tool for supply chain professionals,” said Matthew Wright, founder and CEO of Specright. “Our goal is to enable those working across the supply chain seamless access to their specification data so that they achieve operational efficiencies, rather than chasing data, while at the same time reducing costs and tracking and making a stronger impact on sustainability.”

AI-powered automation retains its top spot from a majority of the winners (46% vs. last year’s 35%), with AI, smart data capture and real-time transportation management trailing behind (41%, 33% and 29%, respectively). And, winners range in revenue from $1 million to $20 million-plus, with startups beginning operation as early as 2000.

“Many of today's startups are poised to disrupt the supply chain space. Whether it's raising money to improve sustainability, visibility and food safety or empowering companies to enhance the last mile, these startups are putting innovation at the forefront. They're introducing real-time tracking and carbon footprint solutions and developing robotics and wearables to better move product from Point A to Point B in the safest, most efficient manner,” says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive. The future of the supply chain industry is now. And, now is the time to shine a spotlight on these startups' initiatives.”

Three winners have been selected to present on Manifest's Innovation Stage, scheduled for Feb. 5-7, 2024, and a number of the other winners will be featured in the Education Program.

Recipients of this year’s award will also be profiled on FoodLogistics.com and SDCExec.com. Go to https://foodl.me/5z0zecqd to view the full list of Top Tech Startup winners.

About Food Logistics and Supply & Demand Chain Executive

Food Logistics reaches more than 26,000 supply chain executives in the global food and beverage industries, including executives in the food sector (growers, producers, manufacturers, wholesalers and grocers) and the logistics section (transportation, warehousing, distribution, software and technology) who share a mutual interest in the operations and business aspects of the global cold food supply chain. Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Food Logistics and Supply & Demand Chain Executive also operate SCN Summit and Women in Supply Chain Forum. Go to www.FoodLogistics.com and www.SDCExec.com to learn more.

About Specright

Specright is the first purpose-built, patented platform for Specification Management. Whether it’s packaging, raw materials, formulas, products, or machines, Specright helps companies digitize, map, and take action across their supply chain to reduce costs, increase profitability, and drive sustainability. Specright serves customers across industries, including packaging, food and beverage, consumer packaged goods, pharmaceutical, retail, industrials, and more. Recognized as a leader in Specification Management, Specright was named one of Fast Company's Most Innovative Companies for 2023, had three executives honored as Supply & Demand Chain Executive Pros to Know in 2023 and won Food Logistics’ 2022 Top Software & Technology Provider award. For more information, visit: www.specright.com.

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