How Much Did TrakRef Raise?
Funding & Key Investors

TrakRef, a company specializing in refrigerant tracking and compliance software, has secured significant capital, with a total funding amount of $356K. The company recently announced a major strategic investment of $206K, underscoring its position in the HVAC/R management sector. This latest financing round signals a period of accelerated growth and market expansion for TrakRef, which aims to optimize operations for facility managers and sustainability teams.

What is TrakRef?

TrakRef
SoftwareSupply Chain Management (SCM) Software

TrakRef offers a comprehensive cloud-based platform designed to streamline refrigerant tracking and compliance for organizations across various industries, including retail, restaurants, and grocery. Their software facilitates audit-ready refrigerant management, asset tracking, and work order management, directly addressing the complex regulatory landscape faced by multi-site brands and contractors. By enhancing sustainability efforts and reducing compliance risks, TrakRef empowers operations leaders to maintain regulatory adherence and operational efficiency.

How much funding has TrakRef raised?

TrakRef has raised a total of $356K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$206K

Debt (2020): $150K with participation from PPP

Debt (2021): $206K led by PPP

Key Investors in TrakRef

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for TrakRef?

With its recent strategic investment, TrakRef is poised to further enhance its technological offerings and expand its market reach. The company's focus on regulatory compliance and sustainability positions it favorably within the evolving HVAC/R management sector. Future developments are likely to center on deepening platform integration, expanding service capabilities, and solidifying its presence among large-scale, multi-site operations seeking robust compliance solutions. This capital infusion is expected to fuel innovation and support TrakRef's mission to simplify complex environmental regulations for its clients.

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Frequently Asked Questions Regarding TrakRef Financial Insights

What are the most recent funding rounds that TrakRef has completed, and what were the funding rounds?
TrakRef has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 13, 2020.
What is the total amount of funding TrakRef has raised to date?
TrakRef has raised a total of $356K in funding to date.
How many funding rounds has TrakRef completed?
TrakRef has completed 2 funding rounds.
How much funding did TrakRef raise in its most recent funding round?
TrakRef raised $206K in its most recent funding round.
Who are the lead investors in TrakRef's latest funding round?
The lead investor in TrakRef'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 TrakRef's history?
The largest funding round in TrakRef's history was $206K.
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