OpenSC Pty Ltd

OpenSC Pty Ltd provides a digital platform for businesses to verify sustainable food production within their supply chains. The company focuses on transparency and accountability in sourcing commodities like palm oil and fish. OpenSC Pty Ltd, founded in 2019, is headquartered in Sydney, Australia. The company enables businesses to monitor and verify sustainable practices in their supply chains.

In June 2019, OpenSC raised AUD 4 million in Seed funding, led by Working Capital Fund. The firm has completed one deal to date. The CEO is Markus Mutz, and the founder, Sébastien Blavier, has a background in sustainability-focused ventures. OpenSC specializes in providing a digital platform that enables businesses to verify low-carbon and sustainable food production within their supply chains.

Its core offerings include solutions for verifying claims related to the sourcing of key commodities, such as palm oil and fish, ensuring they originate from legal, deforestation-free plantations and that fishing practices do not occur in marine reserves. The platform employs advanced technologies to continuously monitor supply chains, allowing businesses to confirm fair payment practices for farmers, thereby supporting living incomes and reducing land-use pressure. OpenSC serves a diverse clientele, including large corporations in the food and agricultural sectors across various geographical markets, such as North America, Europe, and parts of Asia. The end-users of these services include retailers and consumers who demand transparency and sustainability in the products they purchase.

OpenSC generates revenue through a combination of subscription-based models and partnership agreements with businesses seeking to enhance the sustainability of their supply chains. Clients engage with the platform to access verification services and insights that support compliance with environmental, social, and governance (ESG) requirements. Transactions typically occur on a B2B basis, with companies paying for tailored solutions that allow them to verify responsible production practices and improve operational efficiencies. These engagements can involve bespoke pricing plans based on the specific needs and scale of the client's operations, often linking to the volume of data processed or the complexity of the supply chain being monitored.

The focus on flagship services related to sustainability and traceability underscores OpenSC's commitment to transforming food systems and aligning with global sustainability goals. OpenSC plans to launch new products designed to enhance verification processes and expand its market reach. The company is targeting expansion into North America and Europe by 2025. The AUD 4 million raised in Seed funding will be utilized to support product development and market entry initiatives, enabling OpenSC to enhance its service offerings and grow its client base.