Fundraising Fox

Specright

Irvine, US · Founded 2015 · Delaware corporation · 166 employees on LinkedIn · 5 known investors

Specright provides an AI-powered, spec-first product lifecycle management (PLM) platform for managing specifications, formulas, ingredients, packaging, and bills of materials across food & beverage, beauty, consumer goods, industrials, life sciences, and quick service restaurants. It offers supplier collaboration, supply chain traceability, product data management, and an AI assistant that answers questions from connected specification data.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareSaaS

Founders & leadership

Specright was founded in 2015 by Matthew Wright.

MWMatthew Wright
Matthew WrightFounder & Executive Chairman

Board

GG
Gabe GreenbaumBoard director
MAMarc Averitt
Marc Averittin𝕏Board MemberCo-Founder, Managing Director at Okapi Venture Capital

Investors · 5

FikaCulver City · $1M – $10M
Mucker CapitalVenice · $250K – $750K
New Earth VenturesWilmington
Sageview CapitalPalo Alto · $20M – $100M
Okapi Venture CapitalreportedNewport Beach · $750K – $3Mvia Marc Averitt · board

Reported raises · per SEC filings

Form D private placements

$36M disclosed across 2 rounds · 2018–2021

▶$32.9MraisedJul 2021 · 14 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew WrightExecutive Officer, Director, Promoter
  • Scott StuartDirector
  • Marc AverittDirector
  • Christopher GirgentiDirector
Offering amount
$37M
Amount sold
$32.9M
First sale
Jul 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.2MraisedApr 2018 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew WrightExecutive Officer, Director
  • Gabe GreenbaumDirector
  • Marc AverittDirector
Offering amount
$3.6M
Amount sold
$3.2M
First sale
Apr 2018
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap
Enable177 shared keywordsEnable provides pricing and rebate management software that gives organizations visibility and control over commercial relationships and margin performance. The platform serves businesses managing complex pricing strategies and trade agreements across dynamic markets.

Companies competing with Specright for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Specright ROI Report Finds Customers Achieve 300%+ Average Return on Intelligent Specification Managementspecright.com · May 2026Specright raises USD30m Series B - Private Equity Wireprivateequitywire.co.uk · Jul 2021Specright Raises $30 Million Series B to Support Explosive Growthspecright.com · Jul 2021Specright Raises $8.8M in Series A Funding - FinSMEsfinsmes.com · Apr 2019Specright Raises $8.8M to Advance Supply Chain Software | Specrightspecright.com · Apr 2019

Frequently asked questions

What does Specright do?
Specright provides an AI-powered, spec-first product lifecycle management (PLM) platform for managing specifications, formulas, ingredients, packaging, and bills of materials across food & beverage, beauty, consumer goods, industrials, life sciences, and quick service restaurants. It offers supplier collaboration, supply chain traceability, product data management, and an AI assistant that answers questions from connected specification data.
Who founded Specright?
Specright was founded by Matthew Wright in 2015.
Who are Specright's investors?
Specright's investors include Fika, Mucker Capital, New Earth Ventures, Sageview Capital, Okapi Venture Capital.
How much funding has Specright raised?
Specright has disclosed $36M raised across 2 rounds.
Where is Specright headquartered?
Specright is headquartered in Irvine, US.