About Traverse Automation
Traverse Automation is a company based in United Kingdom founded in 2007 by John ONeill.. Traverse Automation has raised $1.44 million across 2 funding rounds from investors including Maven Capital Partners and Northern Powerhouse Investment Fund. Traverse Automation offers products and services including Automatic Document Matching, HotelEase, and DataFlow Solution. Traverse Automation operates in a competitive market with competitors including Roboyo, Naviant, Tungsten Automation, ABBYY and Kognitos, among others.
- Headquarter Cheshire, United Kingdom
- Founders John ONeill
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Sectors
Business ServicesTravel & Hospitality
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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 Traverse Associates Limited
- Date of Incorporation 12 Jul, 2007
- Jurisdiction WARRINGTON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.44 M (USD)
in 2 rounds
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Latest Funding Round
$826.58 K (USD), Seed
Jul 04, 2024
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Investors
Maven Capital Partners
& 1 more
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Employee Count
Employee Count
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Products & Services of Traverse Automation
Traverse Automation offers a comprehensive portfolio of products and services, including Automatic Document Matching, HotelEase, and DataFlow Solution. 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.
Software for matching travel documents efficiently.
App for hotel management and booking automation.
System for seamless data flow in travel operations.
Funding Insights of Traverse Automation
Traverse Automation has successfully raised a total of $1.44M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $826.58 thousand completed in July 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 2
- Last Round Seed — $826,579
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First Round
First Round
(25 Sep 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Seed - Traverse Automation | Valuation | Northern Powerhouse Investment Fund | |
| Sep, 2023 | Amount | Seed - Traverse Automation | Valuation |
investors |
| 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 Traverse Automation
Traverse Automation has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Maven Capital Partners and Northern Powerhouse Investment Fund. 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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Private debt is extended to early-stage companies and SMEs.
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Multiple sectors are targeted for private equity investments.
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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 Traverse Automation
| 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 - Traverse Automation
| 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 |
Traverse Automation Comparisons
Competitors of Traverse Automation
Traverse Automation 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 Roboyo, Naviant, Tungsten Automation, ABBYY and Kognitos, 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 |
Intelligent automation and IT services are provided globally by Roboyo.
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| domain | founded_year | HQ Location |
Cloud-based ECM and workflow automation are delivered for enterprises.
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| domain | founded_year | HQ Location |
Provider of intelligent automation solutions for digital workflow transformation
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| domain | founded_year | HQ Location |
Intelligent automation software for document and process understanding is provided.
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| domain | founded_year | HQ Location |
AI-interfaced business process automation services are offered for digital transformation.
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| domain | founded_year | HQ Location |
Data analytics and reporting solutions are offered to travel agents.
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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 Traverse Automation
Frequently Asked Questions about Traverse Automation
When was Traverse Automation founded?
Traverse Automation was founded in 2007 and raised its 1st funding round 16 years after it was founded.
Where is Traverse Automation located?
Traverse Automation is headquartered in United Kingdom. It is registered at Cheshire, United Kingdom.
Is Traverse Automation a funded company?
Traverse Automation is a funded company, having raised a total of $1.44M across 2 funding rounds to date. The company's 1st funding round was a Seed of $611.78K, raised on Sep 25, 2023.
What does Traverse Automation do?
Company that specializes in automation solutions. They offer services such as intelligent automation, RPA implementation, and data and AI solutions to help businesses grow and reduce manual errors.
Who are the top competitors of Traverse Automation?
What products or services does Traverse Automation offer?
Traverse Automation offers Automatic Document Matching, HotelEase, and DataFlow Solution.
Who are Traverse Automation's investors?
Traverse Automation has 2 investors. Key investors include Maven Capital Partners, and Northern Powerhouse Investment Fund.
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