About Tronic
Tronic is a company based in Dallas (United States) founded in 2021.. Tronic offers products and services including Smart Wallet and Journeys. Tronic operates in a competitive market with competitors including Phun, Qurable, Vow Currency, featly.io and RewardStream, among others.
- Headquarter Dallas, 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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Acquired by
& 1 more
(Mar 13, 2024)
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Products & Services of Tronic
Tronic offers a comprehensive portfolio of products and services, including Smart Wallet and Journeys. 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 managing loyalty rewards and stored value securely.
System for creating personalized brand engagement experiences.
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Funding Insights of Tronic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Tronic
Tronic has secured backing from 1 investor. Prominent investors backing the company include JBB Advanced Technologies. 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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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Tronic
| 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 - Tronic
| 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 |
Tronic Comparisons
Competitors of Tronic
Tronic 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 Phun, Qurable, Vow Currency, featly.io and RewardStream, 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 |
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| domain | founded_year | HQ Location |
Provides cloud-based proximity marketing and loyalty solutions for businesses.
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| domain | founded_year | HQ Location |
Phydigital collectibles are curated and sold through a web3 platform.
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| domain | founded_year | HQ Location |
Decentralized platform for tokenizing, staking, and transferring retailer discounts globally.
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| domain | founded_year | HQ Location |
Blockchain-based loyalty programs are created for customer rewards and exchanges.
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| domain | founded_year | HQ Location |
Bitcoin rewards are provided via loyalty management solutions.
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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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Frequently Asked Questions about Tronic
When was Tronic founded?
Tronic was founded in 2021.
Where is Tronic located?
Tronic is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of Tronic?
Travis McElroy is the current CEO of Tronic.
What does Tronic do?
Tronic was founded in 2021 and is based in Dallas, United States. Operations focus on the Web3 loyalty sector, where a platform is utilized to facilitate affiliated utilities, brand memberships, loyalty rewards, and redeemable offers. Recurring revenue is generated through bids by brands or Web3 creators to co-market on user utility grids. Services enable revenue streams for users via these integrated mechanisms.
Who are the top competitors of Tronic?
Tronic's top competitors include Qurable, RewardStream and pieFi.
What products or services does Tronic offer?
Tronic offers Smart Wallet and Journeys.
Who are Tronic's investors?
Tronic has 1 investor. Key investors include JBB Advanced Technologies.
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