April 14, 2023 – Westminster, CO – TraceGains, a consumer packaged goods SaaS provider and the world’s only networked ingredients marketplace, today announced operating results that represent a 61% increase in bookings growth year over year, putting the company on pace for another record-breaking year.
“Strong pipeline build and the sales team’s focus in the back half of last year helped us leapfrog a record fourth quarter and reach another peak bookings quarter to start 2023,” TraceGains SVP of Revenue Mike Hubbard explained. “This revenue growth also means the network is growing, which boasts more than 21,000 supplier locations today. As we continue to grow, the network will only become more valuable to suppliers and buyers.”
TraceGains fueled revenue with a prolific year, launching ground-breaking solutions, extending partnerships, and rounding out what was already the most holistic solution suite available for buyers and sellers.