How Much Did Datatrac Raise?
Funding & Key Investors

Datatrac, a prominent player in cloud-based logistics solutions, has secured $350K in total financing, with a recent strategic investment of $350K. This significant capital infusion underscores the company's established position and its ongoing trajectory in optimizing complex shipment operations for a diverse clientele.

What is Datatrac?

Datatrac
SoftwareSupply Chain Management (SCM) SoftwareMobile App Development

Datatrac specializes in providing a comprehensive suite of cloud-based logistics solutions tailored for couriers, carriers, freight forwarders, and customs brokers. With a legacy spanning over 45 years, the company's flagship platform, DatatracWeb, offers robust real-time visibility and customizable features designed to streamline logistics workflows. Complementing its web-based services, Datatrac's mobile solutions are engineered to enhance last-mile operations by equipping drivers with essential tools for order management and communication, thereby boosting operational efficiency and customer satisfaction.

How much funding has Datatrac raised?

Datatrac has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Datatrac

PPP

Public-Private Partnership

What's next for Datatrac?

The substantial backing Datatrac has received, particularly the recent strategic investment, signals a phase of accelerated growth and potential market expansion. This capital is likely to be deployed towards further enhancing its scalable technology, developing innovative add-ons, and potentially broadening its service offerings to address evolving industry demands. As a leader in scheduled, routed, and on-demand shipment optimization, Datatrac is well-positioned to leverage this financing to solidify its competitive advantage and drive further innovation in the logistics technology sector.

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Frequently Asked Questions Regarding Datatrac Financial Insights

What are the most recent funding rounds that Datatrac has completed, and what were the funding rounds?
Datatrac has recently completed 1 funding rounds: Debt on May 1, 2020.
What is the total amount of funding Datatrac has raised to date?
Datatrac has raised a total of $350K in funding to date.
How many funding rounds has Datatrac completed?
Datatrac has completed 1 funding rounds.
How much funding did Datatrac raise in its most recent funding round?
Datatrac raised $350K in its most recent funding round.
Who are the lead investors in Datatrac's latest funding round?
The lead investor in Datatrac's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Datatrac's history?
The largest funding round in Datatrac's history was $350K.
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