Traction Technology

New York, United States Founded: 2015 • Age: 11 yrs
Cloud-based enterprise social networking software is provided for teams.
Annual revenue - Latest available
Total funding $775,000 2 rounds
Employees - Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Traction Technology

Traction Technology is a company based in New York (United States) founded in 2015. Traction Technology has raised $775 thousand across 2 funding rounds. Traction Technology offers products and services including Traction Platform, Traction AI, and Technology Scouting. Traction Technology operates in a competitive market with competitors including Wellspring, Forestreet, Lux Research, Linknovate and Expent, among others.

  • Headquarter New York, United States
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $775 K (USD)

    in 2 rounds

  • Latest Funding Round
    $275 K (USD), Seed

    Nov 11, 2020

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of Traction Technology

Traction Technology offers a comprehensive portfolio of products and services, including Traction Platform, Traction AI, and Technology Scouting.

Product name locked
Category locked
Primary

Centralizes innovation activities and automates technology evaluation processes

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Provides AI-driven insights for business-specific innovation needs

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Assists in identifying and evaluating emerging technologies for enterprises

People of Traction Technology

Headcount 1-10
Employee Profiles 5
Employee Profiles
People
Neal Silverman
CEO & Co-Founder
People
Varun Mehta
VP, Technology
People
Andrew Ross Klopfer
Director
People
Brian Reagan
Strategic GTM Advisor

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Funding Insights of Traction Technology

Traction Technology has successfully raised a total of $775K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $275 thousand completed in November 2020. 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.

Investments & Acquisitions by Traction Technology

Investments
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Investment portfolio details for Traction Technology

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  • Transaction dates
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Financial Statements - Traction Technology

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Detailed financials for Traction Technology

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Traction Technology Comparisons

Traction Technology Primary company
Description
Cloud-based enterprise social networking software is provide...
Location
New York, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Traction Technology

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Competitors of Traction Technology

Traction Technology 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 Wellspring, Forestreet, Lux Research, Linknovate and Expent, among others.

Company Name Domain Founded year HQ Location Description
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AI platform for technology scouting and corporate venturing is offered.
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An AI platform is provided for supplier and market intelligence.
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Insights on emerging technologies are provided through a scouting platform.
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Competitive intelligence is delivered through machine learning for innovation tracking.
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Provider of procurement software
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Detailed competitors of Traction Technology

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Latest news on Traction Technology

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Complete news archive for Traction Technology

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Frequently Asked Questions about Traction Technology

Traction Technology was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Traction Technology is headquartered in New York, United States. It is registered at New York, New York, United States.

Traction Technology is a funded company, having raised a total of $775K across 2 funding rounds to date.

Traction Technology was founded in 2015 and is headquartered in New York, United States. Cloud-based software for enterprise social networking is offered, incorporating tools for CRM, project management, knowledge discovery, unified email integration, on-demand research, team collaboration, and a startup technology database. Services are directed toward enterprise IT, innovation teams, technology scouting, corporate venture capital, mergers and acquisitions, and research and development sectors.

Traction Technology's top competitors include Wellspring, Lux Research and Forestreet.

Traction Technology offers Traction Platform, Traction AI, and Technology Scouting.

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