About Trak 1
Trak 1 is a company based in Tulsa (United States) founded in 1996 was acquired by PeopleFacts in March 2018.. Trak 1 offers products and services including Background Screening, Employment Screening, Resident Screening, and Volunteer Screening. Trak 1 operates in a competitive market with competitors including ADP, UKG, Bullhorn, Alera Group and Wanted, among others.
- Headquarter Tulsa, United States
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Sectors
Business Services
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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
- Investors
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Employee Count
Employee Count
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Acquired by
PeopleFacts
(Mar 07, 2018)
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Products & Services of Trak 1
Trak 1 offers a comprehensive portfolio of products and services, including Background Screening, Employment Screening, Resident Screening, and Volunteer Screening. 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.
Comprehensive checks for criminal and personal history verification
Verification of job applicants' backgrounds and qualifications
Checks for rental applicants' criminal and credit history
Background checks for volunteer organizations
Funding Insights of Trak 1
| 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 Trak 1
Trak 1 has secured backing from 1 investor. Prominent investors backing the company include PeopleFacts. 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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Non-profit organisation focused on providing background screening and promoting information services
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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 Trak 1
| 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 - Trak 1
| 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 |
Trak 1 Comparisons
Competitors of Trak 1
Trak 1 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 ADP, UKG, Bullhorn, Alera Group and Wanted, 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 |
Cloud-based HR management solutions are offered for payroll and compliance.
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| domain | founded_year | HQ Location |
Provider of HR and payroll & workforce management solutions
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| domain | founded_year | HQ Location |
Cloud-based ATS and CRM systems are offered for staffing agencies.
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| domain | founded_year | HQ Location |
HR, insurance, and liability services are provided by Alera Group.
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| domain | founded_year | HQ Location |
HR management services are provided by Wanted in South Korea.
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| domain | founded_year | HQ Location |
HR outsourcing services are provided to businesses by Insperity.
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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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Frequently Asked Questions about Trak 1
When was Trak 1 founded?
Trak 1 was founded in 1996.
Where is Trak 1 located?
Trak 1 is headquartered in Tulsa, United States. It is registered at Tulsa, Oklahoma, United States.
Who is the current CEO of Trak 1?
Dan Shoemaker is the current CEO of Trak 1.
What does Trak 1 do?
Trak 1 was established in 1996 in Tulsa, United States, as a provider of HR management services. Operations focus on supporting human resources functions for businesses through various tools and consulting. The company serves clients primarily in the United States, with leadership under CEO Dan Shoemaker. Services encompass employee management, compliance, and administrative processes within the HR sector.
Who are the top competitors of Trak 1?
Trak 1's top competitors include Randstad, Alera Group and UKG.
What products or services does Trak 1 offer?
Trak 1 offers Background Screening, Employment Screening, Resident Screening, and Volunteer Screening.
Who are Trak 1's investors?
Trak 1 has 1 investor. Key investors include PeopleFacts.