Specright Raises $30M in Series B Funding
- Specright, a Tustin CA-based provider of Specification Management software, raised $30M in Series B funding
- The round was led by Sageview Capital, with participation from VMG Catalyst, Pritzker Venture Capital Group, Okapi Venture Capital, Fika Ventures, and Mucker Capital
- In conjunction with the funding, Scott Stuart, Managing Partner and Co-Founder of Sageview, will join Specright’s board
- The company intends to use the funds to double its headcount by early 2022 and expand operations globally as the leader in Specification Management software
- The company provides cloud-based Specification Management software that manages and shares supply chain data across suppliers, manufacturers, and retailers
- The platform enables companies across a wide variety of industries to digitize specification data that typically lives in spreadsheets or PDFs
