About Trax Technologies
Trax Technologies is a Transportation, Automotive & Logistics company based in Scottsdale (United States) founded in 1993, and was acquired by Strattam Capital in February 2015. It operates as a global logistics transaction data provider. It operates in the Transportation, Automotive & Logistics and Technology sectors. Trax Technologies has raised $20 million across 5 funding rounds from investors including Capital Southwest, TBK Bank and TriumphPay. Its website traxtech.com draws about 26 thousand monthly visits. Trax Technologies offers products and services including Global Freight Audit, Freight Data Management, and Managed Services. Its focus areas include Consumer, Logistics Tech, Freight and Multimodal. Its competitors include ShipSigma, ControlPay, Bold Parcel, Your Refunds and AuditPass and 1 more; 1 of its 6 listed competitors has raised funding.
Company details
Trax Technologies was founded in 1993 in Scottsdale, United States, and operates in the logistics data sector. Incomplete or inaccurate transaction data is identified and corrected at its source for buyers and sellers of logistics services. A cloud platform is offered to ensure data reliability, along with predictive analytics derived from over one billion transactions across industries, modes, and countries. Operations are supported worldwide to optimize business processes.
- Headquarters Scottsdale, United States
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsTechnology
- Website category Business and Consumer Services · Business Services
- Website traxtech.com
- Social LinkedIn X
- Acquired by Strattam Capital (Feb 2015)
- Total Equity Funding$20M (USD)
in 5 rounds
- Latest Funding Round$9.7M (USD), Debt – Conventional
Jun 2023
- InvestorsCapital Southwest
& 6 more
- Acquired byStrattam Capital
(Feb 2015)
Products & Services of Trax Technologies
Trax Technologies offers a comprehensive portfolio of products and services, including Global Freight Audit, Freight Data Management, and Managed Services.
AI-powered tool for cost savings and compliance in freight operations
Centralizes and normalizes supply chain data for actionable insights
Optimizes carrier relationships and ensures data quality compliance
Funding Insights of Trax Technologies
Trax Technologies has successfully raised a total of $20M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $9.7 million completed in June 2023. 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 $20M
- Total Rounds 5
- Last Round Debt – Conventional — $9.7M
- First Round $10M
(Dec 2012)
- Investors Count 6
All 5 funding rounds of Trax Technologies 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 2023 | $9.7M | Debt – Conventional | – | – | |
| Aug 2021 | – | Debt – Conventional | – | – | |
| Mar 2014 | – | Series B | – | – | |
| Feb 2013 | $10M | Series B | – | – | |
| Dec 2012 | $10M | Series B | – | – |
7 investors in total: 7 institutional.
Investors in Trax Technologies
Trax Technologies has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Capital Southwest, TBK Bank and TriumphPay.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are focused on mid-market software and technology-enabled services firms. | – | accel-kkr.com | Menlo Park, United States | |
Equity investments are directed toward media, communication, and education sectors. | – | spirecapital.com | New York, United States | |
- | – | rccf.com | - | |
Private equity investment firm | 1961 | capitalsouthwest.com | Dallas, United States | |
Strattam Capital is engaged in private equity investments for technology companies. | – | strattam.com | Austin, United States | |
Functions as a commercial bank providing deposits, loans, and payment services to customers. | 2009 | tbkbank.com | Lamar, United States | |
Offers a payment processing platform for the logistics industry. | 2004 | triumphpay.com | Dallas, United States |
Investor details for Trax Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of Trax Technologies
16 people are tracked at Trax Technologies (7 in leadership, 9 in team).
| Name | Role | Group |
|---|---|---|
Veronique D'Ambrosi | Global Vice President - Customer Delivery | Leadership |
Joe Duffey | Chief Of Staff | Leadership |
Blake Tablak | Chief Executive Officer | Leadership |
John Vallely | Chief Operating Officer | Leadership |
Laura Hay | Senior Director Global Program Management | Leadership |
Liz Murray | CFO | Leadership |
Daniel Quagliaroli | Vice President At Trax | Leadership |
Sharon B. | Senior Global Program Manager | Team |
Norman W.c. Portier | Customer Delivery Executive | Team |
Dyan Sloan | Accounts Payable Manager | Team |
Viola Liao | Customer Delivery Excutive Manager | Team |
Darlene Sampietro | Customer Relationship Manager | Team |
Michael Angelo Villaflor | Process Owner | Team |
Jaynnon Navaja | Business Analyst | Team |
Vaughan Sparkes | Global Account Executive | Team |
Silvia Vargas | Customer Relations Manager | Team |
Complete people profiles for Trax Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Trax Technologies
4 dated milestones of Trax Technologies across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Trax Technologies is founded.
- Funding First funding round of $10.0M.
- Exit Acquired by Strattam Capital.
- Funding Latest funding round, Debt – Conventional, of $9.7M.
Competitors of Trax Technologies
Trax Technologies has 6 listed competitors in our database, 1 of them funded. They include ShipSigma, ControlPay, Bold Parcel, Your Refunds and AuditPass, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| shipsigma.com | 2018 | Indianapolis, United States | $2M | – | AI and web-based solutions for shipping invoice auditing are provided. | |
| controlpay.com | 2002 | Breda, Netherlands | – | – | Freight audit and payment solutions are provided for global logistics. | |
| boldparcel.com | 2018 | United States | – | – | Specializes in shipment auditing and carrier agreement negotiations for businesses. | |
| yourrefunds.com | 2016 | United States | – | – | Delivers web-based platforms for comprehensive shipment auditing and management. | |
| auditpass.site | 2017 | Rohnert Park, United States | – | – | Software platform for remote audit management, data capture, and compliance tracking. | |
| heroesofshipping.com | 2018 | United States | – | – | Provides cloud-based solutions for comprehensive freight auditing. |
Detailed competitors of Trax Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Trax Technologies
The website of Trax Technologies (traxtech.com) receives about 26.2K visits a month and ranks #994,557 among all websites worldwide, #8,118 in Business Services.
- Monthly visits26.2K
▲ 9.4% vs previous month
- Unique visitors8K
per month
- Global rank#994,557
among all websites
- Category rank#8,118
Business and Consumer Services · Business Services
- Bounce rate31%
- Pages per visit3.0
- Average visit3 min 20 sec
- DevicesDesktop 53% · Mobile 47%
Websites whose visitors overlap most with Trax Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
infios.com | infios.com | 100% | – | #564,521 | – |
koerber-supplychain-software.com | koerber-supplychain-software.com | 100% | – | – | – |
| kencogroup.com | 68% | 22.3K | #1,353,700 | View details | |
| ctsi-global.com | 60% | – | #680,895 | View details | |
| rideuta.com | 60% | 815.9K | #61,275 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Trax Technologies
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Logistics Technology & Platforms
10 companies that operate in the same segment as Trax Technologies (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 23,536 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | 998 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Related news about Trax Technologies
Complete news archive for Trax Technologies
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Frequently Asked Questions about Trax Technologies
Trax Technologies was founded in 1993 and raised its 1st funding round 19 years after it was founded.
Trax Technologies is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.
Trax Technologies is a funded company, having raised a total of $20M across 5 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Dec 2012.
Trax Technologies was founded in 1993 in Scottsdale, United States, and operates in the logistics data sector. Incomplete or inaccurate transaction data is identified and corrected at its source for buyers and sellers of logistics services. A cloud platform is offered to ensure data reliability, along with predictive analytics derived from over one billion transactions across industries, modes, and countries. Operations are supported worldwide to optimize business processes.
Trax Technologies's top competitors include ShipSigma, ControlPay and Bold Parcel.
Trax Technologies offers Global Freight Audit, Freight Data Management, and Managed Services.
Trax Technologies has 7 investors. Key investors include Capital Southwest, TBK Bank, TriumphPay, Accel-KKR, and Spire Capital.
Yes. Trax Technologies was acquired by Strattam Capital in February 2015.