What is Trace?
Trace is dedicated to advancing monetary sovereignty by leveraging blockchain technology and cryptographic principles. The company aims to empower individuals to protect their financial autonomy and property rights in an increasingly complex global economy. By focusing on education and the practical application of decentralized financial tools, Trace seeks to foster a new paradigm of financial freedom. Its core philosophy revolves around the belief that individuals should have unhindered control over their wealth, free from traditional financial system constraints.
How much funding has Trace raised?
Trace has raised a total of $9.5M across 2 funding rounds:
Angel/Seed
$2.5M
Series B
$7M
Angel/Seed (2014): $2.5M with participation from Business Instincts Group and Salman Partners
Series B (2015): $7M led by Salman Partners and Varo Capital
Key Investors in Trace
Business Instincts Group
Business Instincts Group (BIG) is a strategic firm that develops essential materials for business plans and investor relations, guiding clients through significant financial milestones. Based in Calgary, Canada, BIG specializes in executing successful business strategies.
Salman Partners
Salman Partners Inc. is an independent investment dealer providing strategic financial advisory and investment services across diverse sectors, including technology. The firm has a history of supporting companies with significant growth potential.
Varo Capital
VARO Partners focuses on identifying and placing transformative talent within the financial and legal sectors, aiming to drive sustainable growth for their clients through strategic hiring and market expertise.
What's next for Trace?
With the recent major strategic investment, Trace is poised to accelerate its development and expand its reach within the financial sovereignty and blockchain sectors. The substantial capital infusion, totaling $9.5M, indicates a strong market validation and provides the resources necessary for scaling operations, enhancing technological infrastructure, and broadening its educational outreach. This strategic backing is expected to propel Trace into a new phase of growth, solidifying its position as a key player in the movement towards individual financial empowerment and decentralized finance.
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