About Triax Technologies
Triax Technologies is a Real Estate & Construction company based in Norwalk (United States) founded in 2013, and was acquired by Invixium in July 2024. Cloud-based field management software is offered for construction professionals. It operates in the Real Estate & Construction and Technology sectors. 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. Triax Technologies offers products and services including Spot-r and ROI Calculator. Its focus areas include Real Estate and Construction Tech, Construction Tech, Project Management and Field Management. Its legal entity is TRIAX TECHNOLOGIES, INC. Its competitors include Fieldwire, PlanGrid and Urbint; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Norwalk, United States
- Employees 17
- Stage Acquired
- SectorsReal Estate & ConstructionTechnology
- Website triaxtec.com
- Social LinkedIn X Facebook
- Acquired by Invixium (Jul 2024)
- Legal Name Triax Technologies, Inc.
- Total Equity Funding$17.91M (USD)
in 4 rounds
- Latest Funding Round$500K (USD), Series A
Nov 2023
- InvestorsInvixium Access
& 2 more
- Employee Count17
- Acquired byInvixium
(Jul 2024)
Products & Services of Triax Technologies
Triax Technologies offers a comprehensive portfolio of products and services, including Spot-r and ROI Calculator.
Platform for real-time field data capture and safety analysis
Tool to estimate savings from labor and equipment tracking
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 $17.91M
- Total Rounds 4
- Last Round Series A — $500,000
- First Round $13.26M
(Jun 2021)
- Investors Count 2
All 4 funding rounds of Triax 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 |
|---|---|---|---|---|---|
| Nov 2023 | $500,000 | Series A | – | – | – |
| Aug 2023 | $500,000 | Series A | – | – | – |
| Nov 2022 | $3.65M | Series A | – | – | – |
| Jun 2021 | $13.26M | Series A | – | McRock Capital |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm specializing in industrial software and AI investments | mcrockcapital.com | Toronto, Canada | ||
Venture capital services for biotech, IT, and innovative sectors in Connecticut. | ctinnovations.com | |||
Biometric systems are utilized for secure access management. | 2012 | invixium.com | Toronto, Canada |
Investor details for Triax Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Triax Technologies
4 people are tracked at Triax Technologies (1 in leadership, 3 in team); the tracked headcount is 17.
| Name | Role | Group |
|---|---|---|
John P. Goan | VP, Head of Solutions | Leadership |
Alan Martin | Enterprise Account Executive | Team |
Rafael Joseph | Information Technology Specialist | Team |
Zac Casey | Business Development Specialist | Team |
Complete people profiles for Triax Technologies
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Timeline of Triax Technologies
4 dated milestones of Triax Technologies across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Triax Technologies is founded.
- Funding First funding round of $13.3M.
- Funding Latest funding round, Series A, of $500K.
- Exit Acquired by Invixium.
Competitors of Triax Technologies
Triax Technologies has 3 listed competitors in our database, 3 of them funded. They include Fieldwire, PlanGrid and Urbint.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fieldwire.com | 2013 | San Francisco, United States | $39M | 80 | A cloud-based collaboration platform is offered for construction project teams. | |
| plangrid.com | 2011 | San Francisco, United States | $18M | 363 | Provider of collaboration on web and mobile for field construction | |
| urbint.com | 2015 | New York, United States | $130.08M | AI-driven urban datasets and analysis tools are offered by Urbint. |
Detailed competitors of Triax Technologies
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- Full competitor set
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Web traffic of Triax Technologies
The website of Triax Technologies (triaxtec.com) receives about 5.5K visits a month.
- Monthly visits5.5K
▲ 1.1% vs previous month
Top companies in Construction & Building Tech
3 companies that operate in the same segment as Triax Technologies (Construction & Building Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS project management software is provided for construction professionals. | 2003 | Carpinteria, California, United States | USD 406.15 M | USD 1.32 B | 4,927 | |
Business management software is offered for home service providers. | 2007 | Glendale, California, United States | USD 1.1 B | USD 960.97 M | 3,049 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | USD 3.59 B | 12,100 |
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Related news about Triax Technologies
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Frequently Asked Questions about Triax Technologies
Triax Technologies was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Triax Technologies is headquartered in Norwalk, United States.
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 $13.26M, raised on Jun 2021.
Triax Technologies has 17 employees.
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.
Triax Technologies offers Spot-r and ROI Calculator.
Triax Technologies has 3 investors. Key investors include Invixium Access, McRock Capital, and Connecticut Innovations.
Triax Technologies operates through Triax Technologies, Inc..
Yes. Triax Technologies was acquired by Invixium in July 2024.