About Trak Global Group
Trak Global Group is a company based in Crewe (United Kingdom) founded in 2009.. Trak Global Group has raised $50 million across 1 funding round from investors including Three Hills Capital Partners. The company has 129 employees as of June 30, 2021. Trak Global Group has completed 1 acquisition, including Intelligent Mechatronic Systems. Trak Global Group offers products and services including IMS One App, IMS One App SDK, IMS Engagement Toolset, IMS Connected Claims, and IMS Wedge. Trak Global Group operates in a competitive market with competitors including Samsara, Coalition, Cuvva, Zego and Inseego, among others.
- Headquarter Crewe, United Kingdom
- Employees 129 as on 30 Jun, 2021
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Sectors
Financial ServicesTransportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Trak (Global Solutions) Limited
- Date of Incorporation 25 Jun, 2009
- Jurisdiction CREWE, CHESHIRE
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Annual Revenue
$26.96 M (USD)16as on Jun 30, 2018
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Net Profit
$-5.55 M (USD)-3360as on Jun 30, 2021
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EBITDA
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Total Equity Funding
$50 M (USD)
in 1 rounds
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Latest Funding Round
$50 M (USD), Series B
Aug 30, 2019
- Investors
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Employee Count
129
as on Jun 30, 2021
- Investments & Acquisitions
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Products & Services of Trak Global Group
Trak Global Group offers a comprehensive portfolio of products and services, including IMS One App, IMS One App SDK, IMS Engagement Toolset, IMS Connected Claims, and IMS Wedge. 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.
App for engaging users in telematics-based insurance tracking.
SDK to integrate telematics into existing insurance apps.
Tools using telematics data to modify driving behavior.
Solution for data-driven insurance claims processing.
Platform for telematics in commercial insurance applications.
Funding Insights of Trak Global Group
Trak Global Group has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series B round of $50 million completed in August 2019. 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 Funding
- Total Rounds 1
- Last Round Series B — $50.0M
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First Round
First Round
(30 Aug 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2019 | Amount | Series B - Trak Global Group | Valuation | Three Hills Capital Partners |
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| 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 |
Investors in Trak Global Group
Trak Global Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Three Hills Capital Partners. 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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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 Global Group
Trak Global Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Intelligent Mechatronic Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Telematics solutions for insurance and connected car services are provided.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Trak Global Group
| 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 |
Trak Global Group Comparisons
Competitors of Trak Global Group
Trak Global Group 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 Samsara, Coalition, Cuvva, Zego and Inseego, 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 |
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| domain | founded_year | HQ Location |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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| domain | founded_year | HQ Location |
Online property and casualty insurance is provided for businesses.
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| domain | founded_year | HQ Location |
Online usage-based car insurance solutions
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| domain | founded_year | HQ Location |
Motor insurance is provided for personal and work driving.
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| domain | founded_year | HQ Location |
IoT networking hardware and device management platforms are provided.
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| domain | founded_year | HQ Location |
Auto insurance is delivered via app to individual drivers.
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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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Latest news on Trak Global Group
Frequently Asked Questions about Trak Global Group
When was Trak Global Group founded?
Trak Global Group was founded in 2009 and raised its 1st funding round 10 years after it was founded.
Where is Trak Global Group located?
Trak Global Group is headquartered in Crewe, United Kingdom. It is registered at Crewe, Cheshire, United Kingdom.
Is Trak Global Group a funded company?
Trak Global Group is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Series B of $50M, raised on Aug 30, 2019.
How many employees does Trak Global Group have?
As of Jun 30, 2021, the latest employee count at Trak Global Group is 129.
What is the annual revenue of Trak Global Group?
Annual revenue of Trak Global Group is $26.96M as on Jun 30, 2018.
What does Trak Global Group do?
Trak Global Group was founded in 2009 in Crewe, United Kingdom. Software for data and monitoring is supplied to fleet management and insurance companies within the automotive sector. A telematics hardware and app-based platform is utilized to capture vehicle data, including driver behavior, location, and speed. Support is extended to insurers for product development, usage-based insurance models, and claim processing operations.
Who are the top competitors of Trak Global Group?
Trak Global Group's top competitors include Samsara, Marshmallow and Coalition.
What products or services does Trak Global Group offer?
Trak Global Group offers IMS One App, IMS One App SDK, IMS Engagement Toolset, IMS Connected Claims, and IMS Wedge.
How many acquisitions has Trak Global Group made?
Trak Global Group has made 1 acquisition, including Intelligent Mechatronic Systems.
Who are Trak Global Group's investors?
Trak Global Group has 1 investor. Key investors include Three Hills Capital Partners.