# Traxens

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

- Industry: Software
- Headquarters: Marseille, France
- Website: www.traxens.com
- Total disclosed funding: $22M
- Latest round: Series A (Jul 17, 2019)
- Investors on record: 4

## About

Traxens SAS is a French technology company focused on innovating container tracking solutions using IoT. Their advanced systems enable real-time monitoring and data analytics, enhancing operational efficiency in logistics and supply chain management.Founded in 2012 in Marseille, France, Traxens SAS specializes in container tracking solutions that benefit various industries. The company has secured EUR 6.002 mn in funding through multiple rounds, with the latest being in March 2022 from CMA CGM. The firm has engaged in eight deals overall, and its current valuation stands at EUR 59.410 mn.Traxens specializes in advanced shipping container tracking solutions that leverage Internet of Things (IoT) technology to provide real-time monitoring and data analytics for cargo transport. Their core offerings include container trackers affixed to shipping containers, utilizing sensors to monitor conditions such as temperature, humidity, and door openings. These trackers transmit data to a centralized software platform, allowing users to track the location and status of their shipments. Traxens targets logistics companies, freight forwarders, and industries such as pharmaceuticals, food and beverage, electronics, and automotive, primarily operating in European and North American markets, with an expanding presence in Asia and Latin America.In the most recent fiscal year of 2023, Traxens reported a revenue of EUR 9,106,905.80 and an EBITDA of EUR 1,360,957.70. Their revenue model is structured around the sale and rental of container tracking devices, along with subscription services for access to their online platform.Following the recent funding round in March 2022, Traxens plans to enhance their product offerings and expand their market presence. The funding will be utilized to support the development of new tracking solutions and enhance their existing technology. The company is targeting expansion into additional markets in Asia and Latin America by the end of 2023, aiming to increase their global footprint and improve supply chain visibility.

## Funding rounds

- Series A, Jul 17, 2019, $22M — Itochu, Amundi, Bpifrance Investissement, Supernova Invest

## Investors

- Itochu — Series A
- Amundi (https://capitalatlas.ai/funds/amundi) — Series A
- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series A
- Supernova Invest (https://capitalatlas.ai/funds/supernova-invest) — Series A