About Tracecost
Tracecost is a Real Estate & Construction company based in Vancouver (Canada) founded in 2019 by Sunny Vohra, Madhvi Walia, and Prabh Paul. Construction management software is provided for project oversight and billing. Tracecost has raised $2.5 million across 1 funding round from investors including OfBusiness. The company has 26 employees. Its Indian entity Tracecost Private Limited reported revenue of ₹1.14 Cr. Tracecost offers products and services including Contract Management System, Daily Progress Reporting, Document Management System, Employee Health & Safety, and Vendor Management System. Its focus areas include Real Estate and Construction Tech, Construction Tech, Project Management and Suite.
Company details
Tracecost was founded in 2019 and is based in Vancouver, Canada. Construction management software is offered to support the sector, with tools for daily project reporting, contract management, productivity analysis, contractor billing, communication, document handling, and manpower planning. Operations focus on streamlining workflows for construction teams through integrated digital solutions.
- Headquarters Vancouver, Canada
- Employees 26
- Founders Sunny Vohra, Madhvi Walia, Prabh Paul
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website tracecost.com
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Tracecost Private Limited
- Date of Incorporation 24 Apr, 2020
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹1.14 Cr
FY 2024 · +5% YoY
- Indian entity net loss-₹4.77 Cr
FY 2024 · -417% margin
- Indian entity EBITDA-₹3.75 Cr
FY 2024 · -328% margin
- Total Equity Funding$2.5M (USD)
in 1 rounds
- Latest Funding Round$2.5M (USD), Seed
Jul 2022
- Investors
- Employee Count26
Associated legal entities of Tracecost
Tracecost operates through Tracecost Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tracecost Private Limited CIN U01408DL2020PTC363428 | Active | 24 Apr 2020 | New Delhi, Delhi | ₹1.1 Cr | 26 | 3 | View details |
Products & Services of Tracecost
Tracecost offers a comprehensive portfolio of products and services, including Contract Management System, Daily Progress Reporting, Document Management System, Employee Health & Safety, and Vendor Management System.
System for handling construction contracts and workflows.
Tool for tracking daily construction site progress.
Platform for organizing and securing project documents.
System to monitor and manage worker health protocols.
Tool for overseeing vendors in construction projects.
Integration for streamlined billing and payments.
Platform for analyzing construction project data.
Apps and channels of Tracecost
its YouTube channel Tracecost has 42 subscribers and 19 videos.
Videos from Tracecost
The most watched videos on Tracecost's YouTube channel, Tracecost (42 subscribers). Click a video to play it here.
More on Tracecost.
Funding Insights of Tracecost
Tracecost has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in July 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 $2.5M
- Total Rounds 1
- Last Round Seed — $2.5M
- First Round $2.5M
(Jul 2022)
- Investors Count 1
All 1 funding rounds of Tracecost 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 |
|---|---|---|---|---|---|
| Jul 2022 | $2.5M | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Tracecost
Tracecost has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OfBusiness.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of B2B platform for raw material procurement and credit access | 2015 | ofbusiness.com | Ahmedabad, India |
Investor details for Tracecost
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Tracecost Private Limited (Tracecost)
Tracecost Private Limited is the primary company behind Tracecost. The board of Tracecost Private Limited currently have 3 directors; the longest-serving is Prabh Paul Parmar, appointed in 2020. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prabh Paul Parmar DIN 05171494 | Director | 24 Apr 2020 | 6 yrs 6 mo | Tracecost Private Limited |
| Piyush Upadhyay DIN 07121306 | Director | 14 Jul 2022 | 4 yrs 3 mo | Tracecost Private Limited |
| Sunny Vohra DIN 01725803 | Additional Director | 06 Dec 2023 | 2 yrs 10 mo | Tracecost Private Limited |
People of Tracecost
6 people are tracked at Tracecost (3 in leadership, 3 in team); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Reena Sharma | Finance Manager | Team |
Nitin Tomar | Finance Manager | Team |
Arushi Chaudhary | Human Resources Manager | Team |
Complete people profiles for Tracecost
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Tracecost
Figures of Tracecost Private Limited, the primary company behind Tracecost, for FY 2024. Revenue was ₹1.14 Cr (+5% year on year). Net loss was -₹4.77 Cr (-417% margin). EBITDA was -₹3.75 Cr (-328% margin). Revenue has grown at a compounded annual rate of +25% over three years.
- ₹1.14 CrRevenue · FY 2024 · +5% YoY
- -₹4.77 CrNet loss · -417% margin
- -₹3.75 CrEBITDA · -328% margin
- ₹5.8 LakhPaid-up capital
- 26Employees (provident fund records)
- +25%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Tracecost Private Limited are on its company page.
Detailed financial statements for Tracecost
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Tracecost
2 dated milestones of Tracecost across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Tracecost is founded.
- Funding First funding round of $2.5M.
Web traffic of Tracecost
The website of Tracecost (tracecost.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 0.7% vs previous month
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Related news about Tracecost
Complete news archive for Tracecost
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Frequently Asked Questions about Tracecost
Tracecost was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Tracecost is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Tracecost is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on Jul 2022.
Tracecost has 26 employees.
The primary company behind Tracecost, Tracecost Private Limited, reported revenue of ₹1.14 Cr for FY 2024, up 5% year on year.
Tracecost was founded in 2019 and is based in Vancouver, Canada. Construction management software is offered to support the sector, with tools for daily project reporting, contract management, productivity analysis, contractor billing, communication, document handling, and manpower planning. Operations focus on streamlining workflows for construction teams through integrated digital solutions.
Tracecost offers Contract Management System, Daily Progress Reporting, Document Management System, Employee Health & Safety, and 3 more products and services.
Tracecost has 1 investor. Key investors include OfBusiness.
Tracecost operates through Tracecost Private Limited.
The legal entities of Tracecost currently have 3 directors, including Prabh Paul Parmar, Piyush Upadhyay, Sunny Vohra.