How Much Did Trace Raise?
Funding & Key Investors

Trace, a pioneer in the automated sports technology sector, has successfully secured a major strategic investment, bringing its total capital infusion to $49.1M. This latest financing round, totaling $47M, underscores the market's growing appetite for AI-integrated athletic performance solutions. By leveraging advanced machine learning to streamline the capture and analysis of soccer footage, Trace continues to solidify its position as a critical infrastructure provider for modern sports organizations.

The company's trajectory, marked by a foundational seed round in 2014 and a significant Series C expansion in 2022, reflects a disciplined approach to scaling its proprietary TRACE_BOT technology. This capital injection serves as a catalyst for further product development and market penetration, ensuring that the firm remains at the forefront of the digital transformation within amateur and professional athletics.

What is Trace?

Trace
SoftwareMultimedia, Games & Graphics SoftwareEngineering Software

Trace operates at the intersection of computer vision and athletic performance analytics. Its core offering, TRACE_BOT, functions as an autonomous assistant that films, edits, and processes game footage, effectively removing the manual labor traditionally associated with sports videography. By delivering high-fidelity player performance metrics and lightning-fast highlight reels, the company addresses a significant pain point for coaches, players, and scouts alike. The platform's ability to synthesize complex visual data into actionable insights positions Trace as a leader in the sports-tech ecosystem, providing a scalable solution that enhances the competitive landscape for soccer teams globally.

How much funding has Trace raised?

Trace has raised a total of $49.1M across 2 funding rounds:

2014

Angel/Seed

$2.1M

2022

Series C

$47M

Angel/Seed (2014): $2.1M, investors not publicly disclosed

Series C (2022): $47M led by Toba Capital, Lakestar, Pelion Venture Partners, and NextGen

Key Investors in Trace

Toba Capital

Toba Capital is an early-stage investment firm focused on creating innovative technology companies, managing $1.3 billion in assets with a focus on SaaS and IT infrastructure.

Pelion Venture Partners

Pelion Venture Partners manages a diverse portfolio of funds, providing strategic investment solutions to support the growth of high-potential technology enterprises.

Lakestar

Lakestar is a prominent venture capital firm that invests in technology companies across various stages, focusing on disruptive digital innovation.

What's next for Trace?

With the recent influx of capital, Trace is well-positioned to accelerate its enterprise-level growth strategy. The company is expected to focus on expanding its algorithmic capabilities, potentially broadening its reach beyond soccer into other high-demand sports verticals. As the firm moves into this next phase of maturity, the emphasis will likely shift toward deepening its integration with existing sports management software and enhancing the granularity of its performance analytics. By maintaining its commitment to reducing the operational burden on athletic programs, Trace is poised to capture a larger share of the global sports technology market, leveraging its robust technical foundation to drive long-term value for its stakeholders and users.

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Frequently Asked Questions Regarding Trace Financial Insights

What are the most recent funding rounds that Trace has completed, and what were the funding rounds?
Trace has recently completed 2 funding rounds: Series C on Apr 12, 2022, Angel/Seed on Mar 2, 2014.
What is the total amount of funding Trace has raised to date?
Trace has raised a total of $49.1M in funding to date.
How many funding rounds has Trace completed?
Trace has completed 2 funding rounds.
How much funding did Trace raise in its most recent funding round?
Trace raised $47M in its most recent funding round.
Who are the lead investors in Trace's latest funding round?
The lead investor in Trace's latest funding round was Toba Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Trace's history?
The largest funding round in Trace's history was $47M.
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