About Traverse
Traverse is a company based in Singapore (Singapore) founded in 2016 by Thet Lin Thu and Eugene Huang. It operates as a SaaS (Software-as-a-Service), and Freemium. Traverse has raised $150 thousand across 1 funding round from investors including Y Combinator. Traverse offers products and services including WindDesk Discover and WindDesk Monitor. Traverse operates in a competitive market with competitors including Akselos, Paces, cQuant, WATTMORE and Anderson Optimization, among others.
- Headquarter Singapore, Singapore
- Founders Thet Lin Thu, Eugene Huang
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Traverse Technologies
-
Annual Revenue
$10.01 K (USD)0as on Dec 31, 2018
-
Net Profit
$-82.41 K (USD)0as on Dec 31, 2018
-
EBITDA
-
Total Equity Funding
$150 K (USD)
in 1 rounds
-
Latest Funding Round
$150 K (USD), Seed
Feb 26, 2019
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Traverse
Traverse offers a comprehensive portfolio of products and services, including WindDesk Discover and WindDesk Monitor. 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.
Tool for prospecting wind farms directly from browser.
Tool for monitoring quality of wind campaign measurements.
Unlock access to complete
Unlock access to complete
Funding Insights of Traverse
Traverse has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in February 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 Seed — $150,000
-
First Round
First Round
(26 Feb 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Seed - Traverse | Valuation | Y Combinator |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Traverse
Traverse has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. 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 |
|---|---|---|---|---|
|
Early-stage startups are accelerated via funding and educational programs.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Traverse
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Traverse
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Traverse Comparisons
Competitors of Traverse
Traverse 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 Akselos, Paces, cQuant, WATTMORE and Anderson Optimization, 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 platform for operational simulation and predictive analytics is offered.
|
|
| domain | founded_year | HQ Location |
Platform for evaluating sites for renewable project development
|
|
| domain | founded_year | HQ Location |
Quantitative models for energy analytics and risk are provided.
|
|
| domain | founded_year | HQ Location |
Software solutions for solar energy and storage systems are provided.
|
|
| domain | founded_year | HQ Location |
Software solutions for solar project development are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Traverse
When was Traverse founded?
Traverse was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Traverse located?
Traverse is headquartered in Singapore, Singapore.
Who is the current CEO of Traverse?
Thet Lin Thu is the current CEO of Traverse. They have also founded this company.
Is Traverse a funded company?
Traverse is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Feb 26, 2019.
What is the annual revenue of Traverse?
Annual revenue of Traverse is $10.01K as on Dec 31, 2018.
What does Traverse do?
Software tools for wind farm development are offered by Traverse. Focus is placed on prospecting, measuring, monitoring, and predicting outcomes for wind projects. Solutions aim to optimize energy layouts, road configurations, and inter-array cables. Services target increased equity IRR and reduced risks in greenfield wind projects. Comprehensive permutations and direct IRRLCOE optimization are utilized. Support is extended from early-stage assessments to financial close without variation orders.
Who are the top competitors of Traverse?
What products or services does Traverse offer?
Traverse offers WindDesk Discover and WindDesk Monitor.
Who are Traverse's investors?
Traverse has 1 investor. Key investors include Y Combinator.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.