Letstrak

Delhi, India Founded: 2016 • Age: 10 yrs
GPS-enabled real-time tracking for fleets, devices, and users is offered.
Annual revenue - Latest available
Total funding $1.7M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About Letstrak

Letstrak is a company based in Delhi (India) founded in 2016 by Vikkram Kumar. Letstrak has raised $1.7 million across 1 funding round from investors including James Arthur. Letstrak offers products and services including Letstrack App, TouchTAGs, StickerTAGs, DigiTAGs, and Vehicle Trackers. Letstrak operates in a competitive market with competitors including Trimble, Orbital Insight, EquipmentShare, Spireon and Fleet Complete, among others.

  • Headquarter Delhi, India
  • Founders Vikkram Kumar
  • Sectors
    Industrial Goods & Manufacturing
    Technology Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Technology → Geospatial, Imaging & Sensing Technology
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.7 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.7 M (USD), Angel Round

    Apr 03, 2018

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Letstrak

Letstrak offers a comprehensive portfolio of products and services, including Letstrack App, TouchTAGs, StickerTAGs, DigiTAGs, and Vehicle Trackers.

Primary

Mobile app for real-time monitoring of people and belongings.

Tags that notify users if pets are lost and track history.

Stickers for tracking items like bags and keys easily.

Digital tags for monitoring various personal items securely.

Devices to track cars and share journey details in real-time.

Funding Insights of Letstrak

Letstrak has successfully raised a total of $1.7M through 1 strategic funding round. The most recent funding activity was a Angel Round of $1.7 million completed in April 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Angel Round — $1.7M
  • First Round

    (03 Apr 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2018 Amount Angel Round - Letstrak Valuation James Arthur

Investors in Letstrak

Letstrak has secured backing from 1 investor, including angel investors. Prominent investors backing the company include James Arthur.

All
Angel
Investor Description Founded Year Domain Location

James Arthur

-
Founded Year Domain Location

Investments & Acquisitions by Letstrak

Investments

Financial Statements - Letstrak

Letstrak Comparisons

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Competitors of Letstrak

Letstrak operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trimble, Orbital Insight, EquipmentShare, Spireon and Fleet Complete, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based positioning solutions are offered for industrial sectors.
domain founded_year HQ Location
Geospatial data is analyzed from satellite imagery for enterprise insights.
domain founded_year HQ Location
Equipment rental marketplace and digital tools for construction are offered.
domain founded_year HQ Location
SaaS-enabled solutions for fleet and field service management are offered.
domain founded_year HQ Location
Fleet, asset, and mobile workforce management solutions are provided.
domain founded_year HQ Location
Remote asset tracking and management solutions are provided globally.

Latest news on Letstrak

Frequently Asked Questions about Letstrak

Letstrak was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Letstrak is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Vikkram Kumar is the current CEO of Letstrak. They have also founded this company.

Letstrak is a funded company, having raised a total of $1.7M across 1 funding round to date. The company's 1st funding round was a Angel Round of $1.7M, raised on Apr 03, 2018.

Letstrak was founded in 2016 in Delhi, India, as a provider of GPS-based tracking solutions in the safety technology sector. Real-time location data for children, elderly individuals, pets, and vehicles is delivered through mobile apps and devices. A chat feature is integrated for communication, and tracking hardware is sold via the companys website. Operations focus on fleet and personal asset monitoring.

Letstrak's top competitors include Trimble, EquipmentShare and Orbital Insight.

Letstrak offers Letstrack App, TouchTAGs, StickerTAGs, DigiTAGs, and Vehicle Trackers.

Letstrak has 1 investor. Key investors include James Arthur.

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