Specright
Specright operates a cloud-based Specification Data Management platform that helps Fortune 500, private-label, and challenger brands in food & beverage, CPG, beauty, packaging, life sciences, and industrials centralize product, packaging, and supplier specification data, with an AI layer for formulation and compliance.
- Company typePrivate
- Founded2014
- HeadquartersLos Angeles, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Specright does
Specright, founded in 2014 by Matthew Wright, operates a cloud-based Specification Data Management (SDM) platform — the company positions it as the first platform purpose-built for specification management across products, packaging, raw materials, formulas, and machines. The platform is built on Salesforce infrastructure and is organized into modular suites: SDM modules (Packaging Management, Product Data Management) for digitizing and centralizing specification data, and PLM modules (Supplier Collaboration, Project Management, R&D Workbench) for extending into formulation, claims, and product development workflows. A dedicated AI layer overlays the platform with SpecGPT (generative AI assistant), SpecIDP (intelligent document processing), and AI-native formulation in the R&D Workbench. The Specright Network adds blockchain-enabled specification sharing between brands, suppliers, retailers, and manufacturers. The company holds granted patents for the SDM platform and blockchain network, and has been recognized twice as a Gartner Cool Vendor (Supply Chain 2020, AI & Data Tools 2025) and on the Deloitte Fast 500 (2024).
Specright firmographics
Firmographics- Name
- Specright
- Legal name
- Specright, Inc.
- Website
- https://specright.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Specright operates a cloud-based Specification Data Management platform that helps Fortune 500, private-label, and challenger brands in food & beverage, CPG, beauty, packaging, life sciences, and industrials centralize product, packaging, and supplier specification data, with an AI layer for formulation and compliance.
- Ownership category
- akta.pro rank
Specright industry classification
Industry- Product category
- Specification Management Software
- NAICS
- Software Publishers (5132)
- akta.pro primary industry
- Specification Management (Raw Materials, Packaging, Finished Goods) (AFALALAJ)
- akta.pro secondary industry
- Environmental Data Management Platforms (EHS/EMS, LIMS, ELN, Compliance Data Hubs) (EUAHAKAA)
Keywords
Where Specright is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Specright business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription SaaS Licensing: Cloud-based subscription model for access to the Specification Data Management platform. Pricing based on usage, seat count, or tiered plans. Professional services for implementation and onboarding (Spec Squad) available as additional service.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise and mid-market subscription tiers available |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels10 records
Specright product offering
Product offeringCore offering
Specright provides a cloud-based Specification Data Management (SDM) platform that enables companies to digitize, map, and centrally manage product and packaging specifications across their supply chains. The platform includes modules for packaging management, product data management, supplier collaboration, project management, and AI-driven R&D formulation, allowing brands and suppliers to share live specification data, automate compliance reporting, and accelerate product development.
Product overview
Specright is a cloud-based Specification Management platform with a modular architecture consisting of core Specification Data Management (SDM) capabilities plus specialized PLM modules. The platform is organized into SDM Modules (Packaging Management, Product Data Management) and PLM Modules (Supplier Collaboration, Project Management, R&D Workbench). A unified AI platform layer powers intelligent capabilities including SpecGPT (natural-language AI assistant), SpecIDP (intelligent document processing), and the R&D Workbench (AI-native formulation). The Specright Network extends the platform with blockchain-enabled specification sharing. The company serves customers across packaging, food & beverage, consumer goods, beauty, life sciences, industrials, and quick service restaurants industries.
Differentiator
Problem solved
Functional benefit
Products and services
- Specification Data Management (SDM) Platform Cloud-based platform for digitizing, managing, and sharing specification data across packaging, raw materials, formulas, products, and machines. Serves as a single source of truth for supply chain data, targeting enterprise brands and manufacturers.
- Specright Network Blockchain-enabled network allowing brands, suppliers, retailers, and manufacturers to share live, digital specifications with one another through a robust approval workflow. Enables traceability and accountability across supply chain partners.
Quantifiable outcome
- 300%+ average ROI on intelligent specification management
- +7 more outcomes
Companies that use Specright
Customer profileNamed customers18 records
Segments7 records
Ideal customer profiles5 records
Specright technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
AI capability9 records
Feature8 records
Specright partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core, minor and flagship.
- New Earth Ventures / Atlantic PackagingcoreStrategic partnership with Atlantic Packaging's New Earth Ventures to accelerate data-driven sustainability for packaging globally. Specright already built relationships with Atlantic Packaging.
- Clemson UniversitycoreExpanded collaboration to enhance learning for next generation of packaging professionals.
- SpecGPT / AI PlatformcoreAI-powered specification management capabilities including SpecGPT and SpecIDP for intelligent specification handling.
- Adept PackagingminorPartnership to expand Specification Management ecosystem and enable more sustainable packaging practices.
- Mike Crowe (Former Colgate-Palmolive CIO)coreFormer Colgate-Palmolive CIO joined Specright board of directors. Brings deep expertise from being a Specright customer while at Colgate.
- Michigan State University (MSU) School of Packaging - Extended PartnershipflagshipExtended partnership to jointly develop industry course for packaging and supply chain professionals. Course explores leveraging specification data through analytics and digital tools.
- Michigan State University (MSU) School of Packagingflagship$500,000 donation commitment. Company sponsoring computer lab refresh and providing access to SDM platform for student training. Joint development of industry short course for packaging professionals.
- SAPcoreIntegration with SAP after participating in SAP.iO accelerator program. Enables seamless data exchange with SAP systems.
- GS1 UScoreSilver member of GS1 US Solution Partner Program. Enables Specright users to generate GS1-compliant specs, UPCs, and GTINs for brands to manage product data according to global standards.
- Institute of Packaging Professionals (IoPP)coreGold Partner status. Works to educate IoPP members on effectively using Specification Management software for business initiatives including speed to market, sustainability reporting, and supplier collaboration.
- ChainalyticscoreStrategic alliance with global supply chain consulting and package engineering firm. Maximizes value for Specright users through Chainalytics' best practices and implementation expertise.
- TOPS (TOPS Software Corporation)coreIntegration with TOPS palletization optimization software. Enables seamless data transfer from Specright to TOPS for packaging design and palletization analysis, eliminating manual data input.
- ISTA (International Safe Transit Association)coreCollaboration on PackSight online platform for ISTA packaging testing standards. Launched PackSight, an online packaging testing platform.
- SalesforcecorePlatform built on Salesforce infrastructure. Recognized in Salesforce 2023 Partner Innovation Awards. Specright Network highlighted at Salesforce Developer conference for innovative blockchain use.
Scale indicators15 records
Recent moves7 records
Expansion highlights6 records
Specright competitors and assessment
Company assessmentBroad incumbents
- Oracle Agile PLM: Long-standing enterprise PLM offering within Oracle's application suite, providing specification, quality, and supplier collaboration across manufacturing and life sciences. Competes for the same large-enterprise specification management budget.
- PTC Windchill: Enterprise PLM platform with broad specification and BOM management capabilities across discrete manufacturing and CPG. A large incumbent that competes for spec-management budget as part of a wider portfolio.
- SAP PLM / SAP Product Lifecycle Management: Enterprise PLM suite embedded within SAP ERP, serving global manufacturers with specification, recipe, and compliance management. Major incumbent that Specright already integrates with but competes against for native ownership of spec data.
- Dassault Systèmes ENOVIA: Enterprise PLM platform serving consumer goods, life sciences, and industrial customers with formulation, specification, and compliance management. Competes for large-brand spec management deployments as part of a broader 3DEXPERIENCE portfolio.
- Blue Yonder (formerly JDA): Supply chain planning and execution platform serving CPG and retail with category-management and supplier collaboration capabilities. Overlaps with Specright's supply-chain-data thesis at the enterprise tier.
Direct peers
- Propel Software: Cloud-native PLM platform built on Salesforce serving manufacturers and CPG brands with product data, quality, and supplier collaboration. Most direct comparable given shared Salesforce foundation and target verticals.
- Centric Software: PLM platform purpose-built for retail, consumer goods, and footwear/apparel with strong specification, formulation, and supplier collaboration capabilities - a direct head-to-head competitor in the CPG specification space.
- Arena Solutions (PTC): Cloud-native PLM now part of PTC, focused on electronics, medical devices, and industrial manufacturers with quality and BOM/specification management - competing for the same enterprise spec-management budget.
- Esko (Danaher): Packaging management and specification software serving CPG brands and packaging converters, with deep packaging artwork, structural design, and supply chain integration. Strong overlap in packaging spec management use cases.
Emerging players
- TraceLink: Pharmaceutical supply chain serialization and traceability network. Comparable in network-effect thesis (supplier-brand data sharing) but focused on pharma compliance rather than CPG specification management.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Specright social profiles
Digital presenceSpecright financial estimates
Financial estimateRevenue estimate
Valuation estimate
Specright leadership team
Management profileNumber of profiles
Profiles10 records
Specright funding detail
Funding detailFunding overview
Funding rounds6 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Specright M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Specright
What does Specright do?
Specright provides a cloud-based Specification Data Management (SDM) platform that enables companies to digitize, map, and centrally manage product and packaging specifications across their supply chains. The platform includes modules for packaging management, product data management, supplier collaboration, project management, and AI-driven R&D formulation, allowing brands and suppliers to share live specification data, automate compliance reporting, and accelerate product development.
Is Specright a public or private company?
Specright is a private company. It is classified as venture growth investor backed and is currently operating.
When was Specright founded?
Specright was founded in 2014. It employs 101 to 250 people.
Where is Specright based?
Specright is headquartered in Los Angeles, United States, in the North America region.
How does Specright make money?
One revenue line is on record: subscription SaaS Licensing.
Who are Specright's main competitors?
Broad incumbents on record are Oracle Agile PLM, PTC Windchill, SAP PLM / SAP Product Lifecycle Management, Dassault Systèmes ENOVIA and Blue Yonder (formerly JDA). Direct peers are Propel Software, Centric Software, Arena Solutions (PTC) and Esko (Danaher). TraceLink is listed as an emerging player.
Does Specright have an API?
Yes. Specright exposes a public API. Developer documentation is at developer.specright.com.
What industry is Specright in?
Specright's product category is Specification Management Software. Its primary akta.pro industry code is AFALALAJ, Specification Management (Raw Materials, Packaging, Finished Goods), with a secondary code of EUAHAKAA, Environmental Data Management Platforms (EHS/EMS, LIMS, ELN, Compliance Data Hubs). Its NAICS code is 5132.