Pymwymic backs TRACT’s mission for transparent and sustainable supply chains
Pymwymic is proud to announce its investment in TRACT, a pioneering SaaS platform transforming traceability and sustainability in agricultural supply chains. The company has raised over $12 million in its latest funding round, joined by new partners Pymwymic, The Working Capital Fund and Rabo Investments, alongside founding shareholders ADM, Cargill, Louis Dreyfus Company (LDC), and Olam. The consortium of new investors brings significant expertise in impact investing and will support TRACT in building and embedding its impact strategy, measurement, and reporting framework.
The food and agriculture sector is facing unprecedented challenges, including more vulnerable supply chains, stricter sustainability goals, and growing social and regulatory pressure for greater transparency. TRACT helps address these challenges and expectations by facilitating supply chain transparency and traceability – from origin to destination. The company serves food and agricultural organisations by offering a platform which provides aligned methodologies for measuring performance across key sustainability areas (e.g. forced labour, deforestation, carbon emissions), securely collecting and validating data to produce comparable, aggregable, and reportable metrics.
“We are thrilled to welcome Pymwymic as an investor in TRACT. Impact is not just a buzzword at TRACT; it’s in our DNA. We believe in a future where all supply chains are sustainable, and we are building this future with great partners.”
Allison Kopf, CEO TRACT
TRACT’s platform was designed by and for the industry, unlocking the ability to navigate, oversee, and share sustainability data and catalyse supply chain transformation. This year the company published its Deforestation Assessment methodology, co-created and endorsed by major industry players such as Nestlé, Soya Hellas, Cargill, ADM, LDC, Olam Agri, and ofi. With this new funding, TRACT will accelerate initiatives in Scope 3 emissions tracking, farmer income insights, and compliance with regulations like EUDR and CSDDD.
“TRACT’s mission aligns perfectly with our vision for creating a more sustainable food system. We’re excited to support their growth and work alongside like-minded co-investors to help integrate strong impact practices and strategies into their day-to-day.“
Rogier Pieterse, Managing Partner Pymwymic
Pymwymic will work closely with TRACT and its co-investors to scale the company’s capabilities and embed impact in the core of its operations. The next step in this journey will be developing a Theory of Change with clear impact KPIs and goals. Together, TRACT and its investors aim to create a more sustainable, equitable food system, where ethical practices and data-driven insights empower companies to deliver meaningful change from farm to fork. TRACT becomes the ninth company of the Healthy Food Systems Impact Fund II.
About TRACT
TRACT is a leading provider of traceability and sustainability data solutions for the global agricultural supply chain. Our mission is to remove the burden of data management and resolve the debate on methodology so that companies can drive meaningful impact as they navigate their supply chains.
About Pymwymic
Pymwymic (Put Your Money Where Your Meaning Is Community) has taken a frontrunner role in the transition towards investing with care for both people and planet since 1994. Backed by over 250 individuals, families, entrepreneurs and angel investors and joined by institutional investors, we have launched two Article 9 compliant impact funds, currently investing through the Healthy Food Systems Impact Fund II. This fund focuses on early-stage AgriFood scale-ups that offer pioneering solutions in areas like sustainable farming, food waste reduction, and regenerative agriculture.
For questions, please contact Sophie Pickering at sophie@pymwymic.com
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