About STRAX Intelligence
STRAX Intelligence is a company based in Boca Raton (United States) founded in 2015, and was acquired by Greater Sum Ventures in March 2024. It provides real-time situational awareness solutions for public safety and security. STRAX Intelligence has raised $11.1 million across 3 funding rounds from investors including Responder Corp and Greater Sum Ventures. STRAX Intelligence offers products and services including STRAX Response and Intelligent Event Response IER. Its legal entity is STRAX Intelligence Group, LLC.
Company details
STRAX Intelligence, established in 2015, excels in provides real-time situational awareness solutions for public safety and security. Provides real-time situational awareness solutions for public safety and security. Committed to advancing standards, it focuses on innovation and efficiency. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.
- Headquarters Boca Raton, United States
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website straxintelligence.com
- Social LinkedIn X Facebook
- Acquired by Greater Sum Ventures (Mar 2024)
- Legal Name Strax Intelligence Group, Llc
- Total Equity Funding$11.1M (USD)
in 3 rounds
- Latest Funding Round$1.47M (USD), Series A
Aug 2022
- InvestorsResponder Corp
& 1 more
- Acquired byGreater Sum Ventures
(Mar 2024)
Products & Services of STRAX Intelligence
STRAX Intelligence offers a comprehensive portfolio of products and services, including STRAX Response and Intelligent Event Response IER.
A platform that unifies live video, sensors, and other data sources for incident management and emergency response
Automated workflows that integrate sensors and systems for verification and escalation of incidents
Funding Insights of STRAX Intelligence
STRAX Intelligence has successfully raised a total of $11.1M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.47 million completed in August 2022. 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 $11.1M
- Total Rounds 3
- Last Round Series A — $1.47M
- First Round $3.63M
(Sep 2016)
- Investors Count 1
All 3 funding rounds of STRAX Intelligence with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $1.47M | Series A | – | – | – |
| Aug 2017 | $6M | Series B | – | – | |
| Sep 2016 | $3.63M | Series A | – | – | – |
2 investors in total: 2 institutional.
Investors in STRAX Intelligence
STRAX Intelligence has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Responder Corp and Greater Sum Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Responder Corp is focused on life-saving technology investments. | 2008 | respondercorp.com | Krakow, Poland | |
Growth equity and operational support are provided by Greater Sum Ventures to technology companies. | 2016 | greatersumventures.com | Knoxville, United States |
Investor details for STRAX Intelligence
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of STRAX Intelligence
5 people are tracked at STRAX Intelligence (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
James Chin | Board Director | Leadership |
Thomas J. Margetta | Vice President Operations | Leadership |
Russell Orzel | Senior Vice President, Product Management And Product Development | Leadership |
Jill Wells, CSM | Senior Product Owner | Team |
Carolina Miranda | Software Engineer | Team |
Complete people profiles for STRAX Intelligence
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of STRAX Intelligence
4 dated milestones of STRAX Intelligence across 9 years, from founding to its latest funding, stage changes and deals.
- Founded STRAX Intelligence is founded.
- Funding First funding round of $3.6M.
- Funding Latest funding round, Series A, of $1.5M.
- Exit Acquired by Greater Sum Ventures.
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Frequently Asked Questions about STRAX Intelligence
STRAX Intelligence was founded in 2015 and raised its 1st funding round 1 year after it was founded.
STRAX Intelligence is headquartered in Boca Raton, United States. It is registered at Boca Raton, Florida, United States.
STRAX Intelligence is a funded company, having raised a total of $11.1M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.63M, raised on Sep 2016.
STRAX Intelligence, established in 2015, excels in provides real-time situational awareness solutions for public safety and security. Provides real-time situational awareness solutions for public safety and security. Committed to advancing standards, it focuses on innovation and efficiency. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.
STRAX Intelligence offers STRAX Response and Intelligent Event Response IER.
STRAX Intelligence has 2 investors. Key investors include Responder Corp, and Greater Sum Ventures.
STRAX Intelligence operates through Strax Intelligence Group, Llc.
Yes. STRAX Intelligence was acquired by Greater Sum Ventures in March 2024.