How Much Did Protrace Solutions Raise?
Funding & Key Investors

Protrace Solutions, a provider of specialized software for the food industry, has secured $48K in recent financing, contributing to its overall funding of $48K. This capital infusion is earmarked for substantial expansion, reflecting the company's significant Series B/C stage of growth. The company's focus on enhancing supply chain traceability and operational efficiency within the food processing and distribution sectors positions it for continued development.

What is Protrace Solutions?

Protrace Solutions
SoftwareSupply Chain Management (SCM) Software

Protrace Solutions Inc. develops innovative software solutions tailored for the food industry, serving processors, packers, distributors, and wholesalers. Their core offering, PromptU, is a comprehensive supply chain management system designed to ensure end-to-end traceability and accountability. The company emphasizes user-friendly design, operational efficiency, and a lower total cost of ownership for its clients. Services include installation, training, and ongoing support to optimize system performance.

How much funding has Protrace Solutions raised?

Protrace Solutions has raised a total of $48K across 1 funding round:

2021

Debt

$48K

Debt (2021): $48K with participation from PPP

Key Investors in Protrace Solutions

PPP

Public-Private Partnership

What's next for Protrace Solutions?

With significant expansion capital secured, Protrace Solutions is poised for accelerated growth. The substantial Series B/C stage funding suggests a strategic push to scale operations, enhance product development for PromptU, and potentially broaden market reach within the food supply chain technology sector. Future investments will likely focus on strengthening their market position against competitors and further integrating advanced traceability features.

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Frequently Asked Questions Regarding Protrace Solutions Financial Insights

What are the most recent funding rounds that Protrace Solutions has completed, and what were the funding rounds?
Protrace Solutions has recently completed 1 funding rounds: Debt on Jan 26, 2021.
What is the total amount of funding Protrace Solutions has raised to date?
Protrace Solutions has raised a total of $48K in funding to date.
How many funding rounds has Protrace Solutions completed?
Protrace Solutions has completed 1 funding rounds.
How much funding did Protrace Solutions raise in its most recent funding round?
Protrace Solutions raised $48K in its most recent funding round.
Who are the lead investors in Protrace Solutions's latest funding round?
The lead investor in Protrace Solutions'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 Protrace Solutions's history?
The largest funding round in Protrace Solutions's history was $48K.
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