About TraceLink
TraceLink is a company based in North Reading (United States) founded in 2009.. TraceLink has raised $230 million across 8 funding rounds from investors including Goldman Sachs, FirstMark and Georgian. The company has 364 employees as of September 29, 2024. TraceLink has completed 2 acquisitions, including ROC IT Solutions and SupplyScape. TraceLink offers products and services including Opus Platform and Partner Orchestration. TraceLink operates in a competitive market with competitors including Asimily, Controlant, VPL, Optel Group and Bluechiip, among others.
- Headquarter North Reading, United States
- Employees 364 as on 29 Sep, 2024
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Sectors
TechnologyHealthcare
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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 Tracelink India Private Limited
- Date of Incorporation 24 Apr, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$16.32 M (USD)33.87as on Mar 31, 2023
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Net Profit
$1.39 M (USD)34.76as on Mar 31, 2023
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EBITDA
$2.43 M (USD)23.67as on Mar 31, 2023
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Total Equity Funding
$230 M (USD)
in 8 rounds
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Latest Funding Round
$93 M (USD), Series D
Aug 21, 2018
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Investors
Goldman Sachs
& 8 more
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Employee Count
364
as on Sep 29, 2024
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Investments & Acquisitions
ROC IT Solutions
& 1 more
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Products & Services of TraceLink
TraceLink offers a comprehensive portfolio of products and services, including Opus Platform and Partner Orchestration. 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.
Platform for orchestrating supply chain processes and collaborations.
Tool to connect partners and improve supply chain visibility.
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Software Development Team
57 people
Sales and Marketing
29 people
Leadership Team
27 people
Operations Team
14 people
Human Resources and Administration
11 people
Senior Team
9 people
Product Management Team
8 people
Finance and Accounting
7 people
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Funding Insights of TraceLink
TraceLink has successfully raised a total of $230M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $93 million completed in August 2018. 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 8
- Last Round Series D — $93.0M
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First Round
First Round
(26 Sep 2012)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Series D - TraceLink | Valuation | Georgian | |
| Jun, 2018 | Amount | Series D - TraceLink | Valuation | Volition Capital , F-Prime Capital |
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| Nov, 2016 | Amount | Series C - TraceLink | Valuation | Goldman Sachs |
| 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 TraceLink
TraceLink has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, FirstMark and Georgian. 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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Philanthropic assets are managed by Willett Advisors LLC.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Investments in life sciences, technology, healthtech, and crypto sectors from global locations.
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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 TraceLink
TraceLink has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ROC IT Solutions and SupplyScape. 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 |
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Serialization software and track-and-trace solutions are offered for supply chains.
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2009 | ||||
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Supply chain traceability and collaboration solutions are offered for pharmaceuticals.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TraceLink
| 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 |
Tracelink Comparisons
Competitors of TraceLink
TraceLink 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 Asimily, Controlant, VPL, Optel Group and Bluechiip, 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 |
Medical device assets are managed via an online platform.
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| domain | founded_year | HQ Location |
Cloud-based visibility is offered for cold chain supply management.
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| domain | founded_year | HQ Location |
SaaS supply chain management software is provided for life sciences.
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| domain | founded_year | HQ Location |
Provider of Track and Trace solutions for the pharma, medical device and healthcare industries
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| domain | founded_year | HQ Location |
Wireless tracking solutions for bio samples and products are provided.
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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 Tracelink
Frequently Asked Questions about TraceLink
When was TraceLink founded?
TraceLink was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is TraceLink located?
TraceLink is headquartered in North Reading, United States. It is registered at North Reading, Massachusetts, United States.
Is TraceLink a funded company?
TraceLink is a funded company, having raised a total of $230M across 8 funding rounds to date. The company's 1st funding round was a Series C of $51.5M, raised on Sep 26, 2012.
How many employees does TraceLink have?
As of Sep 29, 2024, the latest employee count at TraceLink is 364.
What is the annual revenue of TraceLink?
Annual revenue of TraceLink is $16.32M as on Mar 31, 2023.
What does TraceLink do?
TraceLink was founded in 2009 and is headquartered in North Reading, United States. Operations focus on the pharmaceutical sector, where a platform delivers cloud and AI-based solutions for supply chain tracking and tracing. Services encompass issue resolution among supply partners, drug shortage predictions, transparency enhancements, compliance oversight, inventory management, distribution monitoring, returns verification, and serialization of products like vaccines and test kits. Importers, healthcare providers, and pharmacy companies are served.
Who are the top competitors of TraceLink?
TraceLink's top competitors include Controlant, Asimily and VPL.
What products or services does TraceLink offer?
TraceLink offers Opus Platform and Partner Orchestration.
How many acquisitions has TraceLink made?
TraceLink has made 2 acquisitions, including ROC IT Solutions, and SupplyScape.
Who are TraceLink's investors?
TraceLink has 9 investors. Key investors include Goldman Sachs, FirstMark, Georgian, Eight Roads Ventures, and Vulcan Aerospace.