About TRAKtech
TRAKtech is a Government & Social Sector company based in Greenwood Village (United States) founded in 2016. Offender monitoring and rehabilitation solutions are provided via SaaS platform. TRAKtech has raised $6.45 million across 4 funding rounds. TRAKtech offers products and services including TRACKtech Platform, RehabAid Interactive Overdose Map, and COVID-19 Self-Disclosure Tool. Its focus areas include Enterprise Applications, GovTech, Public Service Delivery and Public Safety Management. Its legal entity is TRACKtech, LLC. Its competitors include Corrective Education Company, Spirit and Invicted; 2 of its 3 listed competitors have raised funding.
Company details
TRAKtech offers solutions for probation and parole officers. TRACKtech solution is a SaaS platform that consists of TRACKcase Case Management System and TRACKphone Mobile Compliance Smartphone. TRAKtech products monitor the activities and behaviors of a Program Member (sexual offender) and offers learning and therapeutic content to reduce recidivism. Features include biometric verification, geo-fencing and proximity notifications, access to approved mobile phone apps, remote video meetings and location tracking. Compliance scores based on monitoring and behavioral assessments are shared with supervising officers for tracking performance.
- Headquarters Greenwood Village, United States
- SectorsGovernment & Social Sector
- Website tracktechllc.com
- Social LinkedIn X Facebook Instagram
- Legal Name Tracktech, Llc
- Total Equity Funding$6.45M (USD)
in 4 rounds
- Latest Funding Round$6M (USD), Series A
Jun 2024
Products & Services of TRAKtech
TRAKtech offers a comprehensive portfolio of products and services, including TRACKtech Platform, RehabAid Interactive Overdose Map, and COVID-19 Self-Disclosure Tool.
Platform for rehabilitation and monitoring of at-risk individuals.
Interactive map providing resources for overdose prevention and support.
Tool for self-reporting COVID-19 information to aid recovery efforts.
Funding Insights of TRAKtech
TRAKtech has successfully raised a total of $6.45M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in June 2024. 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 $6.45M
- Total Rounds 4
- Last Round Series A — $6M
- First Round $100,000
(Feb 2018)
All 4 funding rounds of TRAKtech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2024 | $6M | Series A | – | – | – |
| Jun 2021 | $100,000 | Seed | – | – | – |
| Feb 2019 | $250,000 | Seed | – | – | – |
| Feb 2018 | $100,000 | Seed | – | – | – |
Timeline of TRAKtech
3 dated milestones of TRAKtech across 8 years, from founding to its latest funding, stage changes and deals.
- Founded TRAKtech is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Series A, of $6.0M.
Competitors of TRAKtech
TRAKtech has 3 listed competitors in our database, 2 of them funded. They include Corrective Education Company, Spirit and Invicted.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| correctiveeducation.com | 2010 | Orem, United States | $100,000 | Offers incident management and alternative justice solutions for retail theft prevention. | ||
| thespiritproject.com | 2010 | Nevada, United States | $20,000 | Real-time dashboards are offered for juvenile information sharing. | ||
| invicted.com | 2014 | Stanford, United States | Platform to support and build communities for returning citizens |
Detailed competitors of TRAKtech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of TRAKtech
The website of TRAKtech (tracktechllc.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 50.2% vs previous month
Top companies in GovTech
3 companies that operate in the same segment as TRAKtech (GovTech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Axon is focused on developing public safety technology solutions. | 1993 | Scottsdale, Arizona, United States | USD 2.78 B | 4,100 | ||
Administrative tools and civic engagement platforms are provided to governments. | 1999 | San Ramon, California, United States | USD 235.62 M | |||
Cloud-based software for visualizing municipal financial data is provided. | 2012 | Redwood City, California, United States | USD 182.12 M | USD 2.39 M | 90 |
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Frequently Asked Questions about TRAKtech
TRAKtech was founded in 2016 and raised its 1st funding round 2 years after it was founded.
TRAKtech is headquartered in Greenwood Village, United States. It is registered at Greenwood Village, Colorado, United States.
TRAKtech is a funded company, having raised a total of $6.45M across 4 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Feb 2018.
TRAKtech offers solutions for probation and parole officers. TRACKtech solution is a SaaS platform that consists of TRACKcase Case Management System and TRACKphone Mobile Compliance Smartphone. TRAKtech products monitor the activities and behaviors of a Program Member (sexual offender) and offers learning and therapeutic content to reduce recidivism. Features include biometric verification, geo-fencing and proximity notifications, access to approved mobile phone apps, remote video meetings and location tracking. Compliance scores based on monitoring and behavioral assessments are shared with supervising officers for tracking performance.
TRAKtech's top competitors include Invicted, Spirit and Corrective Education Company.
TRAKtech offers TRACKtech Platform, RehabAid Interactive Overdose Map, and COVID-19 Self-Disclosure Tool.
TRAKtech operates through Tracktech, Llc.