About Tract
Tract is a company based in San Francisco (United States) founded in 2020 by Ari Memar. Tract has raised $7 million across 1 funding round from investors including Bessemer Venture Partners, NEA and Bill Tai. Tract operates in a competitive market with competitors including Vedantu, GoStudent, Ruangguru, Varsity Tutors and Filo, among others.
- Headquarter San Francisco, United States
- Founders Ari Memar
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Sectors
Education
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$7 M (USD)
in 1 rounds
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Latest Funding Round
$7 M (USD), Seed
Sep 13, 2022
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Investors
Bessemer Venture Partners
& 15 more
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Employee Count
Not available
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People of Tract
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Funding Insights of Tract
Tract has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Seed round of $7 million completed in September 2022. 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.
Investors in Tract
Tract has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, NEA and Bill Tai.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are offered to startups by NEA.
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Early-stage venture capital investments are made by Oceans.
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Venture capital firm focused on early-stage startups
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Investor details for Tract
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Investments & Acquisitions by Tract
Investment portfolio details for Tract
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Financial Statements - Tract
Detailed financials for Tract
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Tract Comparisons
Peer comparison for Tract
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Competitors of Tract
Tract 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 Vedantu, GoStudent, Ruangguru, Varsity Tutors and Filo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Live interactive K-12 tutoring platform is provided online.
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Provider of online tutoring platform for K-12 students
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Self-learning solutions are delivered via an online education platform.
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Live online tutoring and test prep platform is operated.
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On-demand one-to-one tutoring is connected between students and tutors.
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A social learning platform is provided for students worldwide.
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Detailed competitors of Tract
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Latest news on Tract
Complete news archive for Tract
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Frequently Asked Questions about Tract
Tract was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Tract is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Ari Memar is the current CEO of Tract. They have also founded this company.
Tract is a funded company, having raised a total of $7M across 1 funding round to date.
Tract was founded in 2020 in San Francisco, United States, as a mobile-based platform in the education sector. Peer-to-peer interactions are facilitated to help kids discover interests, build creativity, and acquire college-ready skills. Subjects outside standard school curricula, such as Pokemon-related biology and life skills like trailer production, are taught via on-demand classes and live streams. Operations focus on community-driven learning experiences.
Tract has 16 investors. Key investors include Bessemer Venture Partners, NEA, Bill Tai, Anne Wojcicki, and Susan Wojcicki.