About Trace.Space
Trace.Space is a Technology company based in San Jose (United States) founded in 2022 by Karlis Broders, Janis Vavere, and Mikus Krams. AI-based productivity platform for engineers in hardware sectors. 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. Its chief executive, as recorded, is Janis Vavere. Trace.Space offers products and services including ReqIF Editor and AI Semantic Search. Its focus areas include Enterprise Applications, Product Management Tools, Product Development and Requirement Management. Its legal entity is YOUR LOCAL FIELD OFFICE LIMITED. Its competitors include Jama Software, Visure and Accept Software; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters San Jose, United States
- Employees 1
- Founders Karlis Broders, Janis Vavere, Mikus Krams
- SectorsTechnology
- Website trace.space
- Social LinkedIn
- Legal Name Your Local Field Office Limited
- Total Equity Funding$5.5M (USD)
in 2 rounds
- Latest Funding Round$4M (USD), Seed
Feb 2025
- InvestorsTiny VC
& 7 more
- Employee Count1
Products & Services of Trace.Space
Trace.Space offers a comprehensive portfolio of products and services, including ReqIF Editor and AI Semantic Search.
Software for editing requirements with AI-assisted collaboration.
Feature for intelligent searching of requirements data.
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 $5.5M
- Total Rounds 2
- Last Round Seed — $4M
- First Round $1.5M
(Feb 2023)
- Investors Count 8
All 2 funding rounds of Trace.Space 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 |
|---|---|---|---|---|---|
| Feb 2025 | $4M | Seed | – | Cherry Ventures | |
| Feb 2023 | $1.5M | Seed | – | Fiedler Capital |
8 investors in total: 7 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of early-stage venture capital funding for European technology companies | cherry.vc | Berlin, Germany | ||
| outlastfund.com | ||||
Early-stage venture capital investments are made by Nebular. | nebular.vc | |||
Pre-seed venture capital funding is offered to peripheral European startups. | fiedler.capital | |||
Change Ventures is focused on backing ambitious Baltic startup founders with pre-seed and seed capital investments. | changeventures.com | Tallinn, Estonia | ||
Early-stage venture capital fund is focused on daring founders. | foreword.vc | Berlin, Germany | ||
Investments in early-stage startups are enabled via an online platform. | 2015 | tiny.vc | London, United Kingdom | |
CS Charlie Songhurst | British angel investor, ex-Microsoft strategist, active in Indian startups | unknown_218a457357ec486da |
Investor details for Trace.Space
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
People of Trace.Space
6 people are tracked at Trace.Space (5 in leadership, 1 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Karlis Broders | Co-Founder | Leadership |
Janis Vavere | Co-Founder & CEO | Leadership |
Mikus Krams | Co-Founder | Leadership |
Kārlis Broders | Co-founder & CTO | Leadership |
Mikus K. | Co-founder & COO | Leadership |
Matīss Zemturis | Software Developer | Team |
Complete people profiles for Trace.Space
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.
Timeline of Trace.Space
3 dated milestones of Trace.Space across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Trace.Space is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Seed, of $4.0M.
Competitors of Trace.Space
Trace.Space has 3 listed competitors in our database, 2 of them funded. They include Jama Software, Visure and Accept Software.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jamasoftware.com | 2007 | Portland, United States | $234M | 185 | Cloud-based software for product requirement management is provided. | |
| visuresolutions.com | 2002 | San Francisco, United States | Requirement management software is provided by Visure for various industries. | |||
| accept360.com | 2002 | Austin, United States | $25.34M | Requirement management Software |
Detailed competitors of Trace.Space
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Trace.Space
The website of Trace.Space (trace.space) receives about 5.1K visits a month.
- Monthly visits5.1K
▲ 194.6% vs previous month
Top companies in Productivity & Collaboration Tools
3 companies that operate in the same segment as Trace.Space (Productivity & Collaboration Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.62 M | 2,877 | ||
Provider of AI and cloud-based writing assistance platform for improving writing and communication | 2009 | San Francisco, California, United States | USD 545.37 M | 4,208 | ||
AI-powered platform manages marketing creatives and customer journeys. | 1982 | San Jose, California, United States | USD 23.77 B | 30,710 |
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Related news about Trace.Space
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Frequently Asked Questions about Trace.Space
Trace.Space was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Trace.Space is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Janis Vavere is the CEO of Trace.Space, as recorded in our data. They have also founded this 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 2023.
Trace.Space has 1 employees.
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.
Trace.Space's top competitors include Jama Software, Accept Software and Visure.
Trace.Space offers ReqIF Editor and AI Semantic Search.
Trace.Space has 8 investors. Key investors include Tiny VC, Cherry Ventures, Outlast Fund, Nebular, and Fiedler Capital.
Trace.Space operates through Your Local Field Office Limited.