
Elucid
Build and implement technology to assess, report, and mitigate risks to human health and livelihoods in global supply chains.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor investor investor investor investor investor investor investor | €0.0 | round | |
* | N/A | Seed | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Elucid Social is a technology company focused on advancing human rights within global supply chains. The company develops and implements cloud-based solutions that assess, report, and mitigate risks to human rights associated with the sourcing of goods and services. By improving the health and livelihoods of producers, Elucid Social helps companies increase their impact, boost sustainability, and enhance compliance reporting. The business primarily serves global sourcing companies and producers, operating within the ethical sourcing and sustainability market.
Elucid Social's business model revolves around providing affordable, scalable technology solutions that enable clients to rapidly identify risks to the health and livelihoods of communities along their supply chains. The company generates revenue through subscription fees for its cloud-based platform, which offers data-driven insights and reporting capabilities.
Clients benefit from increased competitiveness, demonstrated social impact, and facilitated compliance, ultimately creating a robust and productive supply chain. Elucid Social's mission-driven team comprises engineers, doctors, economists, and design thinkers from Ghana and Germany, combining years of experience in healthcare access, software engineering, financing, and global sourcing.
Keywords: human rights, supply chains, sustainability, compliance, cloud-based, ethical sourcing, producers, healthcare, data insights, global sourcing.