About Thingtrax
Thingtrax is a company based in Ashford (United Kingdom) founded in 2015. Thingtrax has raised $6.93 million across 3 funding rounds from investors including Concentric, SuperSeed and Puma Growth Partners. The company has 13 employees as of January 31, 2022. Thingtrax offers products and services including Leadership Dashboard, Data Capture, Maintenance Module, Daily Management, and Vision AI. Thingtrax operates in a competitive market with competitors including Celeno, Memfault, Xyte, Hara and Kii, among others.
- Headquarter Ashford, United Kingdom
- Employees 13 as on 31 Jan, 2022
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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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- Legal Name Thingtrax Limited
- Date of Incorporation 27 Jan, 2015
- Jurisdiction STAINES-UPON-THAMES, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$6.93 M (USD)
in 3 rounds
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Latest Funding Round
$5.57 M (USD), Seed
Jul 20, 2023
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Investors
Concentric
& 8 more
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Employee Count
13
as on Jan 31, 2022
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Products & Services of Thingtrax
Thingtrax offers a comprehensive portfolio of products and services, including Leadership Dashboard, Data Capture, Maintenance Module, Daily Management, and Vision AI.
Tool for executive productivity analysis and trend reporting.
System for gathering real-time manufacturing data.
Platform for scheduling and monitoring equipment maintenance.
Templates for daily execution and continuous improvement processes.
AI for detecting quality issues in manufacturing activities.
People of Thingtrax
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Funding Insights of Thingtrax
Thingtrax has successfully raised a total of $6.93M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $5.57 million completed in July 2023. 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.
Investors in Thingtrax
Thingtrax has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Concentric, SuperSeed and Puma Growth Partners.
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Early-stage investments in software companies are targeted by Concentric VC.
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Investment is focused on B2B startups using AI technologies.
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Private equity investments are made to support growing businesses.
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Investor details for Thingtrax
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Investments & Acquisitions by Thingtrax
Investment portfolio details for Thingtrax
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- Transaction dates
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Financial Statements - Thingtrax
Detailed financials for Thingtrax
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Thingtrax Comparisons
Peer comparison for Thingtrax
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Competitors of Thingtrax
Thingtrax 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 Celeno, Memfault, Xyte, Hara and Kii, among others.
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Provides high performance WiFi chips and software
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Embedded software patch management is delivered for consumer electronics devices.
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Cloud-based servitization platform is provided for OEM connected devices.
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Energy and sustainability management is facilitated via a cloud-based platform.
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Mobile Backend-as-a-Service and IoT cloud platform are offered by Kii.
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Cloud-based platforms and devices for IoT remote applications are developed.
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Detailed competitors of Thingtrax
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Latest news on Thingtrax
Complete news archive for Thingtrax
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Frequently Asked Questions about Thingtrax
Thingtrax was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Thingtrax is headquartered in Ashford, United Kingdom.
Thingtrax is a funded company, having raised a total of $6.93M across 3 funding rounds to date.
As of Jan 31, 2022, the latest employee count at Thingtrax is 13.
Thingtrax was established in 2015 in Ashford, United Kingdom, focusing on the manufacturing sector. Legacy equipment is linked to the cloud for real-time oversight through specialized monitoring tools. Data from sensors and devices on shop-floor machines is gathered and centralized in a hub. Computations, including machine learning, are applied to this data, yielding insights delivered via dashboards and alerts to support operational decisions.
Thingtrax's top competitors include Memfault, Hara and Arch Systems.
Thingtrax offers Leadership Dashboard, Data Capture, Maintenance Module, Daily Management, and Vision AI.
Thingtrax has 9 investors. Key investors include Concentric, SuperSeed, Puma Growth Partners, Haatch, and Portfolio Ventures.