Description of the portfolio company
TRACT, based in Amsterdam, is a SaaS platform offering traceability, compliance and sustainability performance measurement, to accelerate agricultural supply chain transformation. Their platform was created in collaboration with industry leaders to agree on aligned metrics and developed software to report, measure and share this data in a secure environment. TRACT is founded by four leading commodity traders (i.e. ADM, Cargill, Olam and LDC), acting as launching customers, in collaboration with large buyers and Rabobank.
Investment rationale
Rabo Investments has invested in the company support further commercial growth and product development. With this investment, Rabo Investments aims to accelerate supply chain transformation which fits well with Rabobank’s ambition to facilitate transition in the F&A ecosystem, and support development of finance driven features on the platform.