How Much Did Tract Raise?
Funding & Key Investors

Tract has secured significant capital, with its total funding reaching $7M. The company recently announced a major strategic investment of $7M, underscoring its progress in the mobile app development sector. This latest financing round follows a pattern of substantial backing, indicating strong investor confidence in Tract's growth trajectory and market position.

What is Tract?

Tract
SoftwareMobile App DevelopmentEducation

Tract is a notable player in the Mobile App Development industry, operating from its headquarters in San Francisco, California. With a team size estimated between 10 to 19 employees and revenue in the range of $1M to $5M, the company is focused on creating innovative mobile solutions. Its operational scale and recent enterprise-level funding suggest a strategic push towards expanding its market reach and enhancing its product offerings within the competitive app development landscape.

How much funding has Tract raised?

Tract has raised a total of $7M across 1 funding round:

2022

Angel/Seed

$7M

Angel/Seed (2022): $7M with participation from New Enterprise Associates

Key Investors in Tract

New Enterprise Associates

New Enterprise Associates (NEA) is a venture capital firm established in 1977, known for its focus on supporting entrepreneurs in building significant businesses.

What's next for Tract?

The recent major strategic investment positions Tract for accelerated growth and potential market leadership. This infusion of capital is likely to be directed towards scaling operations, enhancing technological capabilities, and expanding its user base. As Tract navigates its current lifecycle stage, which appears to be focused on scaling, strategic partnerships and further product development will be critical. The company's ability to leverage this financing effectively will determine its success in solidifying its position and achieving long-term objectives in the dynamic mobile app development market.

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Frequently Asked Questions Regarding Tract Financial Insights

What are the most recent funding rounds that Tract has completed, and what were the funding rounds?
Tract has recently completed 1 funding rounds: Angel/Seed on Sep 13, 2022.
What is the total amount of funding Tract has raised to date?
Tract has raised a total of $7M in funding to date.
How many funding rounds has Tract completed?
Tract has completed 1 funding rounds.
How much funding did Tract raise in its most recent funding round?
Tract raised $7M in its most recent funding round.
Who are the lead investors in Tract's latest funding round?
The lead investor in Tract's latest funding round was New Enterprise Associates. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Tract's history?
The largest funding round in Tract's history was $7M.
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