# Traceable

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/traceable

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.traceable.ai/
- Total disclosed funding: $106M
- Latest round: Series B (May 1, 2024)
- Investors on record: 7

## About

Founded in 2019 and based in California, US, Traceable Inc. operates as a provider of an end-to-end application security monitoring platform that focuses on protecting applications from users to code. Jyoti Bansal (CEO) and Sanjay Nagaraj (CTO) are the co-founders of the company. In May 2024, Traceable Inc. raised USD 30 million in Series B funding led by institutional venture partners, including Unusual Ventures, Citi Ventures, Geodesic Capital, and Sorenson Capital. The series B funding values Traceable Inc. at USD 460.13 million post-money.

The company provides API security solutions that offer a platform designed to discover, protect, and test APIs. The firm’s platform leverages advanced technologies like the OmniTrace Engine, which includes STITCH and SAVANT components for data ingestion, normalization, and analysis. Traceable delivers context-aware API security, threat detection, and attack protection. The company’s solutions help organizations like Axos Bank, Credit Karma, and Jobvite safeguard their API ecosystems, identify vulnerabilities, and mitigate risks.

The organization plans to use the May 2024 funding to charge product innovation, bolster security research initiatives, and scale its sales, marketing, and channel partner programs worldwide.

## Funding rounds

- Series B, May 1, 2024, $30M — Institutional Venture Partners, Sorenson Capital, Citi Ventures, Geodesic Capital, Unusual Ventures
- Series B, May 2, 2022, $60M — Institutional Venture Partners, Tiger Global Management, BIG Labs, Unusual Ventures
- Series A, Sep 29, 2020, $16M — BIG Labs, Unusual Ventures

## Investors

- BIG Labs (https://capitalatlas.ai/funds/big-labs) — Series A, Series B
- Unusual Ventures (https://capitalatlas.ai/funds/unusual-ventures) — Series A, Series B
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B
- Sorenson Capital (https://capitalatlas.ai/funds/sorenson-capital) — Series B
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series B
- Geodesic Capital (https://capitalatlas.ai/funds/geodesic-capital) — Series B