About Traction Rec
Traction Rec is a company based in Vancouver (Canada) founded in 2015.. Traction Rec offers products and services including Traction Rec CRM, Finance and Accounting Tools, Program Management Platform, and Facility Management Features. Traction Rec operates in a competitive market with competitors including AutoRabit, Swantide, Gearset, Ctrl and Precursive, among others.
- Headquarter Vancouver, Canada
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Salesforce Ventures
& 1 more
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Employee Count
Employee Count
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Products & Services of Traction Rec
Traction Rec offers a comprehensive portfolio of products and services, including Traction Rec CRM, Finance and Accounting Tools, Program Management Platform, and Facility Management Features. 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 handling memberships and community programs in nonprofits
Tools for billing, reporting, and revenue optimization in community centers
Platform for fundraising, child care, and marketing workflows
Features for IT and facility oversight in nonprofit settings
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Funding Insights of Traction Rec
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2019 | Amount | Seed - Traction Rec | Valuation | Salesforce Ventures , Guidepost Growth Equity |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Traction Rec
Traction Rec has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Salesforce Ventures and Guidepost Growth Equity. 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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Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
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Founded Year | Domain | Location | |
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Growth-stage companies are targeted for investment by Guidepost Growth Equity.
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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 Traction Rec
| 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 - Traction Rec
| 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 |
Traction Rec Comparisons
Competitors of Traction Rec
Traction Rec 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 AutoRabit, Swantide, Gearset, Ctrl and Precursive, 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 |
Enterprise software release management software provider
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| domain | founded_year | HQ Location |
Suite of Salesforce CRM solutions is provided via a platform.
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| domain | founded_year | HQ Location |
Release management platform for Salesforce applications is offered.
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| domain | founded_year | HQ Location |
Salesforce CRM integration platform for sales automation is provided.
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| domain | founded_year | HQ Location |
Project planning and management software is offered for Salesforce.
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| domain | founded_year | HQ Location |
CRM integration solutions for Salesforce are provided by Sweep platform.
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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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Frequently Asked Questions about Traction Rec
When was Traction Rec founded?
Traction Rec was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Traction Rec located?
Traction Rec is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
What does Traction Rec do?
Founded in 2015 and based in Vancouver, Canada, Traction Rec operates in the software sector. A cloud-based platform is provided for CRM integrations with Salesforce, through which memberships, programs, facilities, retail stores, and financials are managed. Real-time data visibility into key metrics for community centers is facilitated via Salesforce reporting and analytics capabilities.
Who are the top competitors of Traction Rec?
What products or services does Traction Rec offer?
Traction Rec offers Traction Rec CRM, Finance and Accounting Tools, Program Management Platform, and Facility Management Features.
Who are Traction Rec's investors?
Traction Rec has 2 investors. Key investors include Salesforce Ventures, and Guidepost Growth Equity.
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