About TRAKtech
TRAKtech is a company based in Greenwood Village (United States) founded in 2016.. 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. TRAKtech operates in a competitive market with competitors including Corrective Education Company, Spirit, Invicted, cFive and Handel IT, among others.
- Headquarter Greenwood Village, United States
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Sectors
Government & Social Sector
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Phone
*********
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Website
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Social
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- Legal Name Tracktech, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.45 M (USD)
in 4 rounds
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Latest Funding Round
$6 M (USD), Series A
Jun 28, 2024
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Investors
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Employee Count
Employee Count
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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. 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.
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 Total Funding
- Total Rounds 4
- Last Round Series A — $6.0M
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First Round
First Round
(26 Feb 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - TRAKtech | Valuation |
investors |
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| Jun, 2021 | Amount | Seed - TRAKtech | Valuation |
investors |
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| Feb, 2019 | Amount | Seed - TRAKtech | Valuation |
investors |
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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 |
Investments & Acquisitions by TRAKtech
| 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 - TRAKtech
| 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 |
Traktech Comparisons
Competitors of TRAKtech
TRAKtech 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 Corrective Education Company, Spirit, Invicted, cFive and Handel IT, 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.
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Real-time dashboards are offered for juvenile information sharing.
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Platform to support and build communities for returning citizens
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Sugar-free granola and granola-based products are manufactured.
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Web-based case management software is provided for human services programs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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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 TRAKtech
When was TRAKtech founded?
TRAKtech was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is TRAKtech located?
TRAKtech is headquartered in Greenwood Village, United States. It is registered at Greenwood Village, Colorado, United States.
Is TRAKtech a funded company?
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 $250K, raised on Feb 26, 2018.
What does TRAKtech do?
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.
Who are the top competitors of TRAKtech?
What products or services does TRAKtech offer?
TRAKtech offers TRACKtech Platform, RehabAid Interactive Overdose Map, and COVID-19 Self-Disclosure Tool.
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