Vertru Technologies

Vertru Technologies is a New York-based technology company that provides supply chain visibility, sustainability and risk monitoring software. The platform is designed to give businesses facility-level information on where production is currently happening and where future production is being allocated, covering social, labor and environmental impacts and the related business risks across a supplier network — from direct manufacturers upstream to raw material producers.

The company states it identifies thousands of supply chain risk events each day from millions of structured and unstructured data points, using an AI-enabled data platform and knowledge graph, and includes verification and attestation features intended to support data provenance. Product themes described by the company include discovery, speed and scale, sustainability metrics, capacity building for impact, risk identification and prediction, and provenance technology. The stated aim is to reduce the time, cost and information gap involved in mapping global, fragmented, multi-phase production networks, and to replace annual audits and self-reported data with a unified, real-time view.

Founding story

According to the company, its founding team attended MIT and had previously built and scaled sustainability, risk and compliance tools supported by the European Commission, the UK Government and the Omidyar Foundation — the impact fund of eBay founder Pierre Omidyar, focused on eliminating modern slavery — with institutional backing from Silicon Valley investors and coverage in Forbes, TechCrunch and The New York Times.

Business model

Vertru offers a data platform that customers use to obtain visibility into their supplier networks, covering sustainability impacts, risk events and compliance reporting, replacing periodic audits and spreadsheet- or self-reported data collection with a continuously updated view.