TrusTrace vs Figma
Side-by-side comparison of AI visibility scores, market position, and capabilities
Stockholm-based supply chain traceability platform for fashion and apparel brands to map multi-tier supplier networks and prove compliance with global ESG due diligence regulations.
About
TrusTrace is a Stockholm-based supply chain transparency and traceability platform designed to help fashion, apparel, and retail brands map their supplier networks, collect sustainability data, and demonstrate compliance with global due diligence regulations. Founded in 2017, the company has built a product that addresses the specific traceability challenges of the fashion and textile industry, where supply chains can span dozens of tiers—from fiber and yarn producers through fabric mills, dyehouses, cut-and-sew factories, and logistics intermediaries—and where ESG risks including labor violations, chemical use, and water consumption are distributed across every tier. TrusTrace's platform digitizes supplier onboarding, data collection, and audit management into a connected transparency workflow.\n\nTrusTrace provides brands with a dynamic supplier map that shows the provenance of materials and products at the facility level, along with sustainability scorecards that aggregate supplier-reported data, third-party audit results, and certification status. The platform includes built-in data collection templates aligned with major sustainability frameworks—Higg Index, Social Labor Convergence Program, GOTS, and others—reducing the fragmentation that occurs when brands use multiple portals and spreadsheet processes to gather supply chain data from hundreds of suppliers. Brands can use TrusTrace data to populate mandatory transparency disclosures, consumer-facing product labeling, and investor ESG reports.\n\nTrusTrace has grown its customer base significantly as EU textile regulation has accelerated, including the EU Textile Labelling Regulation, EU Strategy for Sustainable and Circular Textiles, and Digital Product Passport requirements that mandate supply chain traceability for products sold in the European market. The company works with mid-market and enterprise fashion brands primarily in Europe and North America and has built integrations with major PLM, ERP, and sustainability reporting platforms. TrusTrace competes with Sourcemap, Fairly Made, and Fashion for Good in the fashion supply chain transparency segment.
Dominant browser-based collaborative UI design platform at ~$600M ARR and $12.5B valuation; Adobe's $20B acquisition blocked by regulators in 2023, Figma remains independent competing with Sketch and Adobe.
About
Figma is a San Francisco-based collaborative web-based product design platform that has become the dominant tool for UI/UX designers and product teams — enabling real-time multi-user collaboration on interface design, prototyping, and design system management directly in the browser without installing desktop software. Founded in 2012 by Dylan Field and Evan Wallace and backed by Sequoia, Greylock, and Andreessen Horowitz with over $330 million raised, Figma generated approximately $600 million in ARR in 2023, serving 4 million+ designers and product teams at companies including Microsoft, Airbnb, Twitter, and Uber. Adobe announced a $20 billion acquisition offer in 2022, which was blocked by regulators in 2023 — Figma remains independent.
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