Trax Group
Latest round
- Series B
Last raised
- Dec 2012
Total raised
- $10M
Investors
- 2
About Trax Group
Trax Technologies, Inc. is a provider of advanced supply chain data management and compliance solutions, specializing in freight audit and spend management to enhance logistics efficiency through AI technologies. Founded in 1993, Trax Technologies, Inc. is headquartered in Scottsdale, US. The company focuses on optimizing freight audit processes. Scott Nelson is the founder, while Blake Tablak and Hamp Wall serve as the current CEOs., a portfolio company of Spire Capital, acquired EM6 Worldwide. Financial terms were not disclosed. Trax Technologies specializes in advanced supply chain data management and compliance solutions through global freight audit and spend management. The company's AI-powered services enhance freight audit processes, delivering cost savings and improved supply chain resilience. Trax's solutions convert raw transportation data into actionable insights, serving a diverse range of industries including manufacturing, retail, and transportation, with a global presence across North America, Europe, and Asia-Pacific. Operating on a B2B model, Trax Technologies generates revenue mainly through subscription agreements for its services. Clients engage in long-term contracts tailored to their needs for freight auditing and data management. The company provides comprehensive solutions that include AI-driven analytics, promoting effective decision-making. Trax enables clients to manage transportation expenditures, reporting average savings of 5-7% on annual transportation costs. This strategic acquisition in November 2025, strengthens Trax's position as the global leader in freight audit services and extends its capabilities across Europe while providing EM6's customers with enhanced technology, expanded geographic coverage, and deeper resources.
Who invested in Trax Group
2 investors across 1 round
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Funding rounds
Series B
Dec 20, 2012
Amount
$10M
Investors
Questions about Trax Group
Who invested in Trax Group?
Trax Group has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Trax Group raised?
Trax Group has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Trax Group last raise money?
Trax Group's most recent round on record is a Series B, in Dec 2012.
What does Trax Group do?
Trax Group is a software company.
Where is Trax Group headquartered?
Trax Group is headquartered in Irving, US.
Which VCs invest in companies like Trax Group?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Trax Group's stage. Their profiles are linked below.
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