About TRAX
TRAX is a company based in Miami (United States) founded in 1997 was acquired by AAR in March 2023. It operates as a SaaS (Software-as-a-Service), and Professional Services. TRAX offers products and services including eMRO, eMobility, and Trax M&E. TRAX operates in a competitive market with competitors including CAMP, empowerMX, OpenAirlines, Flightdocs and AireXpert, among others.
- Headquarter Miami, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Trax
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Products & Services of TRAX
TRAX offers a comprehensive portfolio of products and services, including eMRO, eMobility, and Trax M&E. 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 aircraft maintenance and fleet management tasks.
Mobile apps for real-time aviation maintenance information.
Solution for comprehensive aircraft maintenance and engineering needs.
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Funding Insights of TRAX
| 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 TRAX
TRAX has secured backing from 1 investor. Prominent investors backing the company include AAR. 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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Provider of aviation services, parts, and maintenance
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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 TRAX
| 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 - TRAX
| 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 |
Trax Comparisons
Competitors of TRAX
TRAX 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 CAMP, empowerMX, OpenAirlines, Flightdocs and AireXpert, 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 |
Aircraft maintenance tracking and management solutions are provided for operators.
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| domain | founded_year | HQ Location |
Cloud-based maintenance management software is offered for aviation.
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| domain | founded_year | HQ Location |
Software for flight operations, crew and fleet management, and fuel saving
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| domain | founded_year | HQ Location |
Cloud-based maintenance tracking software is offered for aviation.
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| domain | founded_year | HQ Location |
Web-based aircraft maintenance and MRO management solutions are provided.
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| domain | founded_year | HQ Location |
WingWork is recognized as a cloud-based aircraft maintenance platform.
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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 Trax
Frequently Asked Questions about TRAX
When was TRAX founded?
TRAX was founded in 1997.
Where is TRAX located?
TRAX is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
What does TRAX do?
Comprehensive software solutions for aircraft maintenance and fleet management are offered by TRAX. Focus is placed on the aviation industry, serving major airlines, cargo operators, MRO facilities, government and defense sectors, regional carriers, and rotorcraft operators. Mobile and cloud-based products are developed to provide real-time information anytime and anywhere. Device-agnostic applications and tailored mobile apps are included in the portfolio to enhance operational efficiency in aviation maintenance.
Who are the top competitors of TRAX?
TRAX's top competitors include CAMP, OpenAirlines and empowerMX.
What products or services does TRAX offer?
TRAX offers eMRO, eMobility, and Trax M&E.
Who are TRAX's investors?
TRAX has 1 investor. Key investors include AAR.