Tracks

Berlin, Germany Founded: 2018 • Age: 8 yrs Acquired By Transporeon
Manufacturer of thermal processing systems and heat exchangers
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About Tracks

Tracks is a company based in Berlin (Germany) founded in 2018 was acquired by Transporeon in August 2022.. Tracks has raised $2.41 million across 1 funding round from investors including Transporeon, MobilityFund and IBB Ventures.

  • Headquarter Berlin, Germany
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
    $99.83 M (USD)
    19
    as on Dec 31, 2018
  • EBITDA
  • Total Equity Funding
    $2.41 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.41 M (USD), Seed

    Feb 04, 2021

  • Investors
    Transporeon

    & 6 more

  • Employee Count
    Employee Count
  • Acquired by
    Transporeon

    (Aug 19, 2022)

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Funding Insights of Tracks

Tracks has successfully raised a total of $2.41M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.41 million completed in February 2021. 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 Rounds 1
  • Last Round Seed — $2.4M
  • First Round

    (04 Feb 2021)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2021 Amount Seed - Tracks Valuation MobilityFund
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

Investors in Tracks

Tracks has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Transporeon, MobilityFund and IBB Ventures. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Venture capital firm focused on multiple sectors
Founded Year Domain Location
Venture capital fund focused on the energy tech sector
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tracks

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Tracks

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Tracks Comparisons

Employees
+
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Competitors of Tracks

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tracks

Frequently Asked Questions about Tracks

When was Tracks founded?

Tracks was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Tracks located?

Tracks is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Is Tracks a funded company?

Tracks is a funded company, having raised a total of $2.41M across 1 funding round to date. The company's 1st funding round was a Seed of $2.41M, raised on Feb 04, 2021.

What does Tracks do?

Manufacturer of thermal processing systems and heat exchangers. It designs, manufactures, and supplies thermal processing systems for various industries including food, chemical, and pharmaceutical sectors. The company offers a variety of heat exchangers, such as shell and tube, corrugated tube, and scraped surface exchangers. It also provides turnkey solutions for food and beverage processing plants, encompassing the entire project lifecycle from concept to commissioning. Additional services include design, training, and manufacturing support.

Who are Tracks's investors?

Tracks has 7 investors. Key investors include Transporeon, MobilityFund, IBB Ventures, Future Energy Ventures, and Reederei Nord.

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