About Renewtrak
Renewtrak is a company based in Palo Alto (United States) founded in 2014.. Renewtrak has raised $3 million across 1 funding round from investors including Tidal Ventures and Paul Cave. Renewtrak offers products and services including Renewal Automation Software, Interactive Quotes, and Churn Prediction Dashboard. Renewtrak operates in a competitive market with competitors including Brightback, SilkChart, Upollo, Magnify and UrbanFox, among others.
- Headquarter Palo Alto, United States
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Seed
Oct 27, 2021
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Investors
Tidal Ventures
& 1 more
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Employee Count
Employee Count
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Products & Services of Renewtrak
Renewtrak offers a comprehensive portfolio of products and services, including Renewal Automation Software, Interactive Quotes, and Churn Prediction Dashboard. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates renewal reminders and quotes to reduce churn for SaaS firms
Generates and manages quotes without sales intervention
Predicts renewal likelihood using AI for better retention
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Funding Insights of Renewtrak
Renewtrak has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in October 2021. 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 Funding
- Total Rounds 1
- Last Round Seed — $3.0M
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First Round
First Round
(27 Oct 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2021 | Amount | Seed - Renewtrak | Valuation | Tidal |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Renewtrak
Renewtrak has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include Tidal Ventures and Paul Cave. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage tech startups are supported through venture capital investments.
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Founded Year | Domain | Location | |
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PC
Paul Cave |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Renewtrak
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Renewtrak
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Renewtrak Comparisons
Competitors of Renewtrak
Renewtrak 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 Brightback, SilkChart, Upollo, Magnify and UrbanFox, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Customer retention and churn management are enabled by Brightback's software.
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| domain | founded_year | HQ Location |
Offering customer retention solutions
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| domain | founded_year | HQ Location |
Conversion rate optimization solutions are delivered via the Upollo platform.
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| domain | founded_year | HQ Location |
AI-based solutions for customer retention and experience optimization are provided.
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| domain | founded_year | HQ Location |
AI-enabled analytics platform for sales and customer retention
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| domain | founded_year | HQ Location |
Loyalty and influencer marketing services are provided by Cultos.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Renewtrak
Frequently Asked Questions about Renewtrak
When was Renewtrak founded?
Renewtrak was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Where is Renewtrak located?
Renewtrak is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Renewtrak a funded company?
Renewtrak is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on Oct 27, 2021.
What does Renewtrak do?
Renewtrak provides a renewal management platform. It lets businesses re connect with latent and lost customers using smart automation, automate issuing of renewal quotes, and automate the presentation of tailored cross sell and upsell offers. It enables customers to renew directly through the renewals website. It works on a subscription plan.
Who are the top competitors of Renewtrak?
Renewtrak's top competitors include UrbanFox, SilkChart and Brightback.
What products or services does Renewtrak offer?
Renewtrak offers Renewal Automation Software, Interactive Quotes, and Churn Prediction Dashboard.
Who are Renewtrak's investors?
Renewtrak has 2 investors. Key investors include Tidal Ventures, and Paul Cave.