T
Trax Technologies
Transportation Spend Management solutions providing full visibility and control over global logistics networks
About Trax Technologies
Trax Technologies operates in the global logistics and transportation sector, specializing in Transportation Spend Management (TSM) solutions. The company serves large-scale enterprises with complex supply chain needs, such as Pfizer, by offering tools that enhance visibility, control, and optimization of their transportation networks. Trax's business model revolves around providing cloud-based software solutions that help clients manage their freight audit, payment processes, and rate management. By delivering actionable insights and metrics, Trax enables its clients to make informed decisions, reduce costs, and improve operational efficiency. The company generates revenue through subscription fees for its software services and consulting fees for tailored solutions.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 1993
- Headquarters
- Irving, United States
- Employees
- 593
- Open positions
- 16
- Dealroom signal
- 72.7/100
- Industry
- Enterprise Software
- Sector
- Other B2B Software, Hard Tech
- Business model
- Manufacturing, SaaS
- Client focus
- b2b
- Investment activity
- 2 companies, latest Nov 2025
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GROWTH EQUITY VC✓Equity / VC | Jun 2023 | $9.7M | — | TBK Bank | ↗ |
| DEBTDebt | Aug 2021 | $0 | — | Undisclosed | — |
Growth signals
Latest recorded traffic for Trax Technologies is 32K monthly website visits, up 60% over the last three months. Trax Technologies's team grew 4.2% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
MyCustomerLensAI-powered client feedback and intelligence platform |
Glasgow, United Kingdom | Operational | 2 | — | — |
SynopticaSynoptica uses AI technology to automate the way sales teams research information on their prospects. |
Guildford, United Kingdom | Operational | |||
Aiden.aiArtificial intelligence marketing analytics |
London, United Kingdom | Operational | |||
IotecData technology services maximizing marketing asset value |
London, United Kingdom | Operational | |||
CodecAI-powered cultural intelligence identifying high-value communities |
London, United Kingdom | Acquired | |||
Hoxton AiAI-powered visitor and occupancy monitoring solutions |
London, United Kingdom | Operational | |||
SightcorpGet insights into your audience through Face Analysis Technology |
Amsterdam, Netherlands | Acquired | |||
True AIAI-powered mortgage automation and lending intelligence platform |
London, United Kingdom | Operational |
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
EM6City of Brussels, BelgiumGlobal freight audit and payment processing platform
→
VeractionMemphis, United StatesComplete transportation spend management solution delivering insights that maximize omni-channel
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Capital Southwest Corporation
RC Capital
Series B and later2 investors entered at this stage
Spire Capital
TBK Bank
Other known investors3 additional known investors
Strattam Capital
Accel-KKR
Brian McCarthy
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Trax Technologies on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Trax Technologies’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.







