About Trace.Space
Trace.Space is a company based in San Jose (United States) founded in 2022 by Karlis Broders, Janis Vavere, and Mikus Krams.. Trace.Space has raised $5.5 million across 2 funding rounds from investors including Tiny VC, Cherry Ventures and Outlast Fund. The company has 1 employees as of November 30, 2020. Trace.Space offers products and services including ReqIF Editor and AI Semantic Search. Trace.Space operates in a competitive market with competitors including Jama Software, Blueprint, Visure, Accept Software and Ravenflow, among others.
- Headquarter San Jose, United States
- Employees 1 as on 30 Nov, 2020
- Founders Karlis Broders, Janis Vavere, Mikus Krams
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Your Local Field Office Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.5 M (USD)
in 2 rounds
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Latest Funding Round
$4 M (USD), Seed
Feb 05, 2025
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Investors
Tiny VC
& 7 more
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Employee Count
1
as on Nov 30, 2020
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Products & Services of Trace.Space
Trace.Space offers a comprehensive portfolio of products and services, including ReqIF Editor and AI Semantic Search. 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.
Software for editing requirements with AI-assisted collaboration.
Feature for intelligent searching of requirements data.
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Funding Insights of Trace.Space
Trace.Space has successfully raised a total of $5.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4 million completed in February 2025. 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 2
- Last Round Seed — $4.0M
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First Round
First Round
(14 Feb 2023)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Seed - Trace.Space | Valuation | Cherry Ventures | |
| Feb, 2023 | Amount | Seed - Trace.Space | Valuation | Fiedler Capital |
| 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 Trace.Space
Trace.Space has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Tiny VC, Cherry Ventures and Outlast Fund. 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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Provider of early-stage venture capital funding for European technology companies
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are made by Nebular.
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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 Trace.Space
| 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 |
Financial Statements - Trace.Space
| 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 |
Trace.Space Comparisons
Competitors of Trace.Space
Trace.Space 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 Jama Software, Blueprint, Visure, Accept Software and Ravenflow, 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 |
Cloud-based software for product requirement management is provided.
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| domain | founded_year | HQ Location |
Cloud-based solutions for digital process modeling and optimization are provided.
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| domain | founded_year | HQ Location |
Requirement management software is provided by Visure for various industries.
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| domain | founded_year | HQ Location |
Requirement management Software
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| domain | founded_year | HQ Location |
Product requirement management is facilitated by Ravenflow's software for enterprises.
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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 Trace.Space
Frequently Asked Questions about Trace.Space
When was Trace.Space founded?
Trace.Space was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Trace.Space located?
Trace.Space is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Who is the current CEO of Trace.Space?
Janis Vavere is the current CEO of Trace.Space. They have also founded this company.
Is Trace.Space a funded company?
Trace.Space is a funded company, having raised a total of $5.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Feb 14, 2023.
How many employees does Trace.Space have?
As of Nov 30, 2020, the latest employee count at Trace.Space is 1.
What does Trace.Space do?
Trace.Space was founded in 2022 in San Jose, United States. An AI-driven productivity platform is provided for engineers working on hardware products. Requirements management is enhanced through AI integrations, including GPT algorithms. Support is extended to industries such as automotive, industrial, and aerospace, where hardware development processes are streamlined. Operations focus on tools that aid in efficient product building and collaboration.
Who are the top competitors of Trace.Space?
Trace.Space's top competitors include Jama Software, Blueprint and Accept Software.
What products or services does Trace.Space offer?
Trace.Space offers ReqIF Editor and AI Semantic Search.
Who are Trace.Space's investors?
Trace.Space has 8 investors. Key investors include Tiny VC, Cherry Ventures, Outlast Fund, Nebular, and Fiedler Capital.
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