About TrackNet
TrackNet is a company based in San Francisco (United States) founded in 2016.. TrackNet has raised $7 million across 1 funding round from investors including Gemtek and Zenner. TrackNet operates in a competitive market with competitors including Senet, eleven-x, OrbiWise, Tropos Networks and Ubiik, among others.
- Headquarter San Francisco, United States
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Sectors
TechnologyEnergy & Utilities
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Phone
*********
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Website
*********
- Legal Name Tracknet, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7 M (USD)
in 1 rounds
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Latest Funding Round
$7 M (USD), Series A
Jan 18, 2017
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Investors
Gemtek
& 1 more
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Employee Count
Employee Count
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Funding Insights of TrackNet
TrackNet has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7 million completed in January 2017. 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 1
- Last Round Series A — $7.0M
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First Round
First Round
(18 Jan 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Series A - TrackNet | Valuation |
investors |
| 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 TrackNet
TrackNet has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Gemtek and Zenner. 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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Manufactures smart meters for water, energy, and gas measurement and remote reading.
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Founded Year | Domain | Location | |
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Wireless broadband products and connected home equipment are manufactured.
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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
|
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 TrackNet
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - TrackNet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tracknet Comparisons
Competitors of TrackNet
TrackNet 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 Senet, eleven-x, OrbiWise, Tropos Networks and Ubiik, 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 |
LoRa-based connectivity solutions are provided for IoT applications.
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| domain | founded_year | HQ Location |
Wireless telecommunications software for IoT connectivity is developed.
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| domain | founded_year | HQ Location |
Network software solutions for LoRaWAN-based IoT connectivity are provided.
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| domain | founded_year | HQ Location |
Wireless broadband mesh networks
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| domain | founded_year | HQ Location |
Electricity monitoring systems for smart cities are provided.
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| domain | founded_year | HQ Location |
Provider of IoT gateways and smart energy meters
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Tracknet
Frequently Asked Questions about TrackNet
When was TrackNet founded?
TrackNet was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is TrackNet located?
TrackNet is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is TrackNet a funded company?
TrackNet is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Series A of $7M, raised on Jan 18, 2017.
What does TrackNet do?
TrackNet was founded in 2016 in San Francisco, United States, and operates within the IoT sector. LoRaWAN-based end-to-end solutions are offered for industrial and consumer applications, encompassing sensors, gateways, and apps. These solutions are designed for extended battery lifetime, scalability, and reduced costs of end-devices to support large-scale deployments. Applications span agriculture, supply chain management, asset tracking, intelligent buildings, smart cities, metering, and homes.