About Triax Technologies
Triax Technologies is a company based in Norwalk (United States) founded in 2013 was acquired by Invixium in July 2024.. Triax Technologies has raised $17.91 million across 4 funding rounds from investors including Invixium Access, McRock Capital and Connecticut Innovations. The company has 17 employees as of December 31, 2022. Triax Technologies offers products and services including Spot-r and ROI Calculator. Triax Technologies operates in a competitive market with competitors including Fieldwire, PlanGrid, Powerplay, Urbint and Aconex, among others.
- Headquarter Norwalk, United States
- Employees 17 as on 31 Dec, 2022
-
Sectors
Real Estate & ConstructionTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Triax Technologies, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$17.91 M (USD)
in 4 rounds
-
Latest Funding Round
$500 K (USD), Series A
Nov 22, 2023
-
Investors
Invixium Access
& 2 more
-
Employee Count
17
as on Dec 31, 2022
-
Acquired by
Invixium
(Jul 17, 2024)
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 Triax Technologies
Triax Technologies offers a comprehensive portfolio of products and services, including Spot-r and ROI Calculator. 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 real-time field data capture and safety analysis
Tool to estimate savings from labor and equipment tracking
Unlock access to complete
Unlock access to complete
Funding Insights of Triax Technologies
Triax Technologies has successfully raised a total of $17.91M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $500 thousand completed in November 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 Total Funding
- Total Rounds 4
- Last Round Series A — $500,000
-
First Round
First Round
(15 Jun 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series A - Triax Technologies | Valuation |
investors |
|
| Aug, 2023 | Amount | Series A - Triax Technologies | Valuation |
investors |
|
| Nov, 2022 | Amount | Series A - Triax Technologies | Valuation |
investors |
|
| 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 Triax Technologies
Triax Technologies has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Invixium Access, McRock Capital and Connecticut Innovations. 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 |
|---|---|---|---|---|
|
Venture capital firm specializing in industrial software and AI investments
|
Founded Year | Domain | Location | |
|
Venture capital services for biotech, IT, and innovative sectors in Connecticut.
|
Founded Year | Domain | Location | |
|
Biometric systems are utilized for secure access management.
|
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 Triax Technologies
| 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 - Triax Technologies
| 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 |
Triax Technologies Comparisons
Competitors of Triax Technologies
Triax Technologies 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 Fieldwire, PlanGrid, Powerplay, Urbint and Aconex, 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 |
A cloud-based collaboration platform is offered for construction project teams.
|
|
| domain | founded_year | HQ Location |
Provider of collaboration on web and mobile for field construction
|
|
| domain | founded_year | HQ Location |
SaaS software for construction professionals' communication and collaboration is provided.
|
|
| domain | founded_year | HQ Location |
AI-driven urban datasets and analysis tools are offered by Urbint.
|
|
| domain | founded_year | HQ Location |
Cloud-based project management software is delivered for construction projects.
|
|
| domain | founded_year | HQ Location |
Mobile-first quality management and field management solution for construction projects
|
| 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.
|
Latest news on Triax Technologies
Frequently Asked Questions about Triax Technologies
When was Triax Technologies founded?
Triax Technologies was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Where is Triax Technologies located?
Triax Technologies is headquartered in Norwalk, United States.
Is Triax Technologies a funded company?
Triax Technologies is a funded company, having raised a total of $17.91M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3.65M, raised on Jun 15, 2021.
How many employees does Triax Technologies have?
As of Dec 31, 2022, the latest employee count at Triax Technologies is 17.
What does Triax Technologies do?
Cloud-based field management software for construction professionals. Offerings include wearable technology that offers safety and productivity solutions for construction fields. The product records the location of equipment and workers, counts the number of workers in a specific area, sends automatic geo tagged safety alerts, sends LED flashing light updates for evacuation, and uses a variety of devices, networks, applications, and insights to capture, synthesize, and act on field data, identifies machinery and equipment operators, records time, stores data, digital twin based site inspection, and more. The offering sectors include energy, manufacturing, mining, construction, and more.
Who are the top competitors of Triax Technologies?
Triax Technologies's top competitors include XYZ Reality, PlanGrid and Breezeway.
What products or services does Triax Technologies offer?
Triax Technologies offers Spot-r and ROI Calculator.
Who are Triax Technologies's investors?
Triax Technologies has 3 investors. Key investors include Invixium Access, McRock Capital, and Connecticut Innovations.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.