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Trax Technologies logo — Global leader in Spend & Compliance Management, empowering g...

Trax Technologies

Global leader in Spend & Compliance Management, empowering globally complex supply chains to achieve resilience.

Founded 1993 United States Irving, United States 550 employees Corporate Round Total: $24.70M Logistics, Supply Chain

General Information

Company Name Trax Technologies
Founded Year 1993
Location United States Irving, United States
Employees 550
Industries Logistics, Supply Chain
Funding Stage Corporate Round
Social

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About Trax Technologies

Trax Technologies is a leading player in the logistics industry, specializing in Transportation Spend Management (TSM) visibility for Freight Audit & Payment solutions. Since its establishment in 1993, Trax has been at the forefront of transforming conventional freight and parcel audit through its innovative cloud-based applications and expert services. With a global presence across North America, Latin America, Asia, and Europe, Trax offers data-driven visibility, insights, and enhanced control over transportation spend for companies of all sizes.

The latest injection of $9.70M in corporate round investment, secured on June 22, 2023 from TriumphPay, further underscores the company's significance and potential for growth. This funding boost is expected to support Trax in its mission to empower customers in managing and controlling their global transportation costs more effectively, subsequently driving enterprise-wide efficiency.

Trax Technologies continues to uphold its commitment to revolutionizing Transportation Spend Management, paving the way for enhanced savings and greater control for shippers globally. More insights and information about the company can be found on www.traxtech.com.

Business keywords: Transportation Spend Management, Freight Audit & Payment, Cloud-based applications, Global footprint, Data-based visibility, Transportation costs control, Supply chain optimization

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate Round $9.70M 1
TriumphPay
22 Jun 2023
Debt Financing Undisclosed 1
Accel-KKR Credit Partners
26 Aug 2021
Private Equity Round Undisclosed 1
Spire Capital
28 Mar 2014
Series B $10.00M 2
River Cities Capital Funds, Capital Southwest
14 Feb 2013
Series A $5.00M -
01 Jan 2008

Trax Technologies Alternatives & Competitors

View All Alternatives
Trax Technologies vs
RateLinx
RateLinx United States

Logistics solutions to help you reduce costs, improve service, get better results, and outperform yo...

57 employees
Analytics, Logistics
Trax Technologies vs
Broussard Logistics
Broussard Logistics United States

Helping companies manage transportation costs for over 40 years

37 employees
Logistics, Supply Chain
Trax Technologies vs
A3 Freight Payment
A3 Freight Payment United States

A DIFFERENT APPROACH. A BETTER RESULT.

14 employees
Financial Services, Logistics

FAQ About Trax Technologies

Global leader in Spend & Compliance Management, empowering globally complex supply chains to achieve resilience.
Trax Technologies was founded in 1993.
Trax Technologies is headquartered in Irving, United States.
Trax Technologies operates in Logistics and Supply Chain. Its work centres on Transportation Spend Management, Freight Audit & Payment, Cloud-based applications and Global footprint.
Trax Technologies has approximately 550 employees.
Trax Technologies has completed 5 funding rounds, raising a total of $24.70M. The latest funding stage is Corporate Round.
Top alternatives and competitors to Trax Technologies include RateLinx, Broussard Logistics, A3 Freight Payment, Fortigo, Interlog Group. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Trax Technologies and RateLinx are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Trax Technologies, https://www.bouncewatch.com/company/trax-technologies, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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