Thingtrax
2024 Revenue
$11.3M
Funding
$0
YOY
36.4%
Team
81
Founded
2015
How Thingtrax CEO Paul Reader grew Thingtrax to $11.3M revenue with a 81 person team in 2024.
Realise improved efficiency, quality control, employee safety and productivity by modernising your factories with ThingTrax's AI and IoT
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Thingtrax Revenue
In 2024, Thingtrax's revenue reached $11.3M. The company previously reported $8.3M in 2023. Since its launch in 2015, Thingtrax has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Thingtrax Hit $11.3m revenue in October 2024 |
| 2023 | Thingtrax Hit $8.3m revenue in December 2023 |
| 2015 | Launched with $0 revenue |
Thingtrax Valuation, Funding Rounds
Thingtrax is a bootstrapped AI & Machine Learning Operationalization (MLOps) Software startup. Founded in 2015, Thingtrax has grown to $11.3M in revenue without raising any venture capital or outside funding.
As a self-funded AI & Machine Learning Operationalization (MLOps) Software SaaS company, Thingtrax has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Thingtrax Employees & Team Size
Thingtrax employs approximately 81 people as of 2026, up from 75 in 2023.
Thingtrax has 81 total employees in different roles and functions and 2 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 81 employees (December 2024) |
| 2024 | Reached 76 employees (October 2024) |
| 2023 | Reached 75 employees (December 2023) |
| 2022 | Reached 53 employees (December 2022) |
| 2021 | Reached 44 employees (December 2021) |
| 2020 | Reached 27 employees (December 2020) |
| 2020 | Reached 1 employees (August 2020) |
Founder / CEO
Paul Reader
Paul Reader is listed as Founder / CEO at Thingtrax.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Thingtrax yet.
Frequently Asked Questions about Thingtrax
What is Thingtrax's revenue?
Thingtrax generates $11.3M in revenue.
Who founded Thingtrax?
Thingtrax was founded by Paul Reader.
Who is the CEO of Thingtrax?
The CEO of Thingtrax is Paul Reader.
How much funding does Thingtrax have?
Thingtrax raised $0.
How many employees does Thingtrax have?
Thingtrax has 81 employees.
Where is Thingtrax headquarters?
Thingtrax is headquartered in Staines-Upon-Thames, England, United Kingdom.
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Compare Thingtrax to the industry
Thingtrax operates across multiple industries. Browse revenue, funding, and growth data for Thingtrax in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .