Transmute

What Transmute does

Transmute, operating commercially as Tradeverifyd, is a private Austin-based enterprise software company founded in 2017 that sells an AI-powered supply chain risk management platform to global enterprise customers in regulated and complex supply chains. Its product centers on three integrated capabilities: the Tradeverifyd Score, a proprietary risk-weighted model that continuously evaluates suppliers across regulatory standing, operational capacity, and environmental exposure; Multi-Tier Mapping, an AI-powered knowledge graph linking entities, locations, and transactions across every tier from raw materials to finished goods; and Predictive Intelligence, an agentic AI capability that detects gaps, inconsistencies, and emerging risk patterns from open source data, public records, trade filings, compliance data, and logistics signals.

The company monetizes through a tiered enterprise SaaS subscription (Launch, Grow, Accelerate, Enterprise) plus an on-premise deployment option, with quote-based pricing and a 'Request a Demo' conversion model targeting procurement, compliance, legal, and executive teams. Its go-to-market is direct enterprise sales supported by a content-driven marketing approach, and it is distributed globally with named vertical emphasis on Automotive, High Tech, and Food & Beverage. Strategic partnerships with GS1, GLEIF, the World Economic Forum, Alix Partners, Microsoft, Google, Amazon, USCBP, and USDHS anchor the platform within trade standards, hyperscale infrastructure, and U.S. federal supply chain security ecosystems, including explicit support for UFLPA and DPP compliance workflows.

Founders Karyl Fowler (CEO) and Orie Steele (CTO), alongside co-founder Eric Olszewski, lead the company with additional executive leadership from Amanda Greene (COO, appointed 2025) and Fowler in a Chief Policy Officer capacity. Tradeverifyd has raised approximately $6.31M across three disclosed rounds (Techstars 2018, Moonshots-led rounds in 2020 and 2022) and operates with 11–50 employees, with no disclosed revenue as of the input data.

Name

Transmute

Website

https://transmute.industries

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Supply Chain Risk Management Software

NAICS

Software Publishers (5132), Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)

akta.pro industry

PRIMARYTHALAJAO

Partner Network & Supplier Onboarding/Connectivity Platforms (Mapping, Certification, QA)

Travel & Hospitality/Travel Technology & Distribution Services/Travel Connectivity, APIs & Aggregators (Content, Inventory, Interlining)

Keywords

• Supply chain risk management
• Supplier risk scoring
• Multi-tier supply chain mapping
• Regulatory compliance platform
• Predictive supply chain analytics

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Subscription: Tiered subscription model with four main product tiers (Launch, Grow, Accelerate, Enterprise) and on-premise deployment option. Each tier provides access to the core platform with increasing depth, control, and integration capabilities for larger organizations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Transmute sells the Tradeverifyd platform, an agentic AI-powered SaaS for supply chain risk management that scores supplier reliability, maps multi-tier supply chains, and predicts risk for enterprise procurement, compliance, legal, and sourcing teams. The platform blends open source data, public records, trade filings, compliance data, and logistics signals into a real-time supplier scoring and knowledge-graph system, delivered through tiered subscriptions (Launch, Grow, Accelerate, Enterprise) with an optional on-premise deployment.

Product overview

Tradeverifyd is a unified all-in-one supply chain risk management platform with modular pricing tiers (Launch, Grow, Accelerate, Enterprise) plus an optional On-Premise deployment. The core platform integrates three key capabilities: the Tradeverifyd Score (proprietary supplier reliability scoring), Multi-Tier Mapping (AI-powered knowledge graph for full supply chain visibility), and Predictive Intelligence (agentic AI for risk anticipation). Additional platform features include Predictive Advantage, Regulatory Readiness, and Trusted Transparency. The tiered pricing structure provides escalating capabilities from 1,000 suppliers with single regulation coverage (Launch) to unlimited suppliers with comprehensive risk monitoring, dark web monitoring, and agent co-pilot (Accelerate), culminating in enterprise-grade auditing and on-premise options (Enterprise).

Differentiator

Problem solved

Functional benefit

Products and services

• Tradeverifyd Platform Unified all-in-one supply chain risk management SaaS for enterprise customers, integrating the Tradeverifyd Score, Multi-Tier Mapping, and Predictive Intelligence with regulatory-readiness and trusted-transparency capabilities. Sold via tiered annual subscriptions (Launch, Grow, Accelerate, Enterprise) plus optional on-premise deployment for enterprise customers that require complete data sovereignty.

Quantifiable outcome

• 7x fewer manual hours spent on trade document retrieval and review
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability4 records

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• GS1coreTechnology or IntegrationGS1 is a global not-for-profit organization that develops and maintains standards for supply chain identification, communication, and data exchange. Tradeverifyd partners with GS1 for standardized supply chain data integration.
• GLEIFcoreTechnology or IntegrationGlobal Legal Entity Identifier Foundation provides the LEI system for identifying legal entities engaged in financial transactions. Tradeverifyd integrates GLEIF data for entity verification and identification.
• WEFcoreStrategic or Co-development PartnerWorld Economic Forum engages leaders in global issues including supply chain resilience. Strategic partnership for advancing supply chain transparency and risk management standards.
• MicrosoftcoreTechnology or IntegrationTechnology partnership for cloud infrastructure and integration capabilities supporting the Tradeverifyd platform operations.
• GooglecoreTechnology or IntegrationTechnology partnership providing cloud infrastructure and integration capabilities for the supply chain intelligence platform.
• AmazoncoreTechnology or IntegrationTechnology partnership for cloud services and potential integration with Amazon's supply chain and logistics ecosystem.
• Alix PartnerscoreImplementation/ SI/ Consulting PartnerGlobal consulting firm specializing in supply chain transformation and operational improvement. Partnership for implementation expertise and advisory services.
• ALBAminorStrategic or Co-development PartnerPartnership focused on supply chain transparency and compliance initiatives.
• USCBPcoreStrategic or Co-development PartnerU.S. Customs and Border Protection partnership for regulatory compliance, particularly related to UFLPA enforcement and supply chain security standards.
• USDHScoreStrategic or Co-development PartnerU.S. Department of Homeland Security partnership for supply chain security initiatives and national resilience programs.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Everstream Analytics: Everstream Analytics applies AI and predictive analytics to supply chain risk, focusing on supplier risk scores, sub-tier visibility, and event-driven disruption alerts. Closely comparable to Tradeverifyd's Predictive Intelligence and multi-tier mapping approach.
• Resilinc: Resilinc is a direct competitor in supply chain risk and resilience management, offering supplier risk scoring, multi-tier mapping, and disruption monitoring for global enterprises. Highly comparable to Tradeverifyd across product surface area and target buyer (procurement, compliance, sourcing).
• Interos: Interos provides AI-driven supply chain risk intelligence with continuous supplier monitoring, sub-tier visibility, and risk scoring. Direct overlap with Tradeverifyd's Tradeverifyd Score and Multi-Tier Mapping capabilities and similar enterprise buyer profile.
• Avetta: Avetta provides supplier compliance, prequalification, and risk management primarily for contractors and supply chain partners. Comparable in supplier verification and compliance focus, though more concentrated on contractor management than multi-tier mapping.
• Achilles Information: Achilles provides supplier prequalification, risk assessment, and compliance services across industrial verticals. Comparable supplier verification and qualification capabilities to Tradeverifyd's Tradeverifyd Score.
• Riskmethods (Sphera): Riskmethods (now part of Sphera) offers a supply chain risk management platform with continuous monitoring, supplier risk assessments, and alerts. Direct competitor to Tradeverifyd in the enterprise supply chain risk category.
• Elementum: Elementum (formerly Elementum) is a supply chain management platform with workflow automation, supplier collaboration, and incident management modules. Comparable in offering a unified supply chain operations platform for enterprise teams.

Broad incumbents

• SAP (Ariba / IBP): SAP Ariba and SAP Integrated Business Planning offer procurement, supplier management, and supply chain planning at enterprise scale. A broad incumbent whose supply chain risk capabilities overlap with Tradeverifyd, though SAP's strength is in broader ERP-anchored workflows.
• Coupa Software: Coupa offers a business spend management platform with supplier management and risk capabilities. A broad incumbent in procurement and supplier information management; comparable buyer (procurement and compliance teams) but with a much wider portfolio than Tradeverifyd.

Emerging players

• Prewave: Prewave is an AI-based supply chain risk management platform offering supplier monitoring, sustainability risk scoring, and compliance modules for European enterprises. Comparable technology stack and use case focus, with somewhat earlier commercial traction than Tradeverifyd.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/TransmuteNews

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds3 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Transmute