About SOFTRAX
SOFTRAX is a company based in Boise (United States) founded in 1999 was acquired by TELEO Capital in February 2025. It operates as a SaaS (Software-as-a-Service), and Subscription Services. SOFTRAX has raised $10 million across 1 funding round from investors including Egan-Managed Capital, KVNY SOHO and Walnut Ventures. SOFTRAX has completed 1 acquisition, including BluLogix. SOFTRAX offers products and services including SOFTRAX Revenue Management System (RMS), Subscription Billing, Consumption Billing, Milestone Billing, and Revenue Recognition. SOFTRAX operates in a competitive market with competitors including BlackLine, Wolters Kluwer, Digits, Recko and PowerPlan, among others.
- Headquarter Boise, United States
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$10 M (USD)
in 1 rounds
-
Latest Funding Round
$10 M (USD), Series B
Jun 27, 2000
-
Investors
Egan-Managed Capital
& 6 more
-
Employee Count
Employee Count
- Investments & Acquisitions
-
Acquired by
TELEO Capital
(Feb 28, 2025)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of SOFTRAX
SOFTRAX offers a comprehensive portfolio of products and services, including SOFTRAX Revenue Management System (RMS), Subscription Billing, Consumption Billing, Milestone Billing, and Revenue Recognition. 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.
Revenue management is automated for billing and recognition.
Subscription billing complexities are managed and automated efficiently.
Usage-based billing is supported with sophisticated measurement tools.
Milestone billing processes are automated for complex schedules.
Revenue recognition is automated for compliance with standards.
Unlock access to complete
Funding Insights of SOFTRAX
SOFTRAX has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series B round of $10 million completed in June 2000. 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 Series B — $10.0M
-
First Round
First Round
(27 Jun 2000)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2000 | Amount | Series B - SOFTRAX | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SOFTRAX
SOFTRAX has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Egan-Managed Capital, KVNY SOHO and Walnut Ventures. 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 |
|---|---|---|---|---|
|
Family office investing in early-stage startups
|
Founded Year | Domain | Location | |
|
Angel investments are facilitated by a US-based investor group.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by SOFTRAX
SOFTRAX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BluLogix. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cloud-based telecom billing software is provided for revenue management.
|
2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - SOFTRAX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Softrax Comparisons
Competitors of SOFTRAX
SOFTRAX 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 BlackLine, Wolters Kluwer, Digits, Recko and PowerPlan, 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 |
AI-based accounting processes are automated for businesses.
|
|
| domain | founded_year | HQ Location |
Enterprise legal processes are managed via an AI-powered platform.
|
|
| domain | founded_year | HQ Location |
SMS-based customer authentication and verification services are provided across platforms.
|
|
| domain | founded_year | HQ Location |
Cloud-based transaction management and reconciliation solutions are offered for businesses.
|
|
| domain | founded_year | HQ Location |
Asset accounting, tax, and budgeting solutions are offered to businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based ERP software is provided for accounting and inventory management.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Softrax
Frequently Asked Questions about SOFTRAX
When was SOFTRAX founded?
SOFTRAX was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is SOFTRAX located?
SOFTRAX is headquartered in Boise, United States. It is registered at Boise, Idaho, United States.
Who is the current CEO of SOFTRAX?
Matt Scholl is the current CEO of SOFTRAX.
Is SOFTRAX a funded company?
SOFTRAX is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series B of $10M, raised on Jun 27, 2000.
What does SOFTRAX do?
Revenue management processes are automated by SOFTRAX through its Revenue Management System (RMS), a multi-tenant cloud platform. Complex billing models including subscription, consumption, milestone, and one-time billing are supported. Revenue recognition compliant with ASC 606 and IFRS 15 standards is facilitated. Contract renewal management and analytics for real-time revenue data are offered. Industries such as technology, media, IoT, healthcare, and professional services are served. Integration with ERP, CRM, and CPQ systems is provided without customizations. Automation of financial processes is emphasized to reduce errors and enhance efficiency for companies ranging from startups to large enterprises.
Who are the top competitors of SOFTRAX?
What products or services does SOFTRAX offer?
SOFTRAX offers SOFTRAX Revenue Management System (RMS), Subscription Billing, Consumption Billing, Milestone Billing, and Revenue Recognition.
How many acquisitions has SOFTRAX made?
SOFTRAX has made 1 acquisition, including BluLogix.
Who are SOFTRAX's investors?
SOFTRAX has 7 investors. Key investors include Egan-Managed Capital, KVNY SOHO, Walnut Ventures, Citizens Capital, and Allegra Partners.