Valuation · 2018
$5.5M
2024 Revenue
$25M
Funding
$11.9M
Team
118
Founded
2015
TraceAir Revenue, Valuation & Funding (2024)
TraceAir generated $25M in revenue in 2024.
Developer of a construction site monitoring platform designed to verify site work. The company's subscription based software helps to measure, verify, quantify progress of construction during site work stage, significantly reducing budget and timeline uncertainty, merge their blueprints and CAD models with the data collected from drones and automate processes in construction, enabling clients to control the progress of construction is more than one sites.
Last updated
TraceAir Revenue
In 2024, TraceAir's revenue reached $25M. The company previously reported $8.3M in 2024. Since its launch in 2015, TraceAir has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | TraceAir Hit $25m revenue in November 2024 | Not recorded |
| 2024 | TraceAir Hit $8.3m revenue in October 2024 | Estimated |
| 2023 | TraceAir Hit $5m revenue in December 2023 | Estimated |
| 2021 | TraceAir Hit $2.4m revenue in January 2021 | Not recorded |
| 2015 | Launched with $0 revenue |
TraceAir Valuation, Funding Rounds
TraceAir reached a $5.5M valuation in 2018, set during its Seed round.
TraceAir has raised $11.9M in total funding across 5 rounds, most recently a $5M Venture round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Venture | $5M | - | - | Not recorded |
| 2021 | Series A | $3.5M | - | - | Not recorded |
| 2018 | Seed | $2.5M | $5.5M | 45% | Not recorded |
| 2016 | Convertible Note | $745K | - | - | Not recorded |
| 2016 | Seed | $125K | - | - | Not recorded |
Founder / CEO
Dmitry Korolev
CEO
Dmitry is a passionate paraglider winner of national and international competitions 8th in 2012 World Cup and the CEO and founder of TraceAir. TraceAir is a Silicon Valley-based construction management software powered by drone data and AI that provides the best planning and sequencing decisions for builders. Dmitry has a long-term passion for merging together IT robotics and aviation with industries untouched by those technologies. In 2014 he launched AirTribune an app for paragliders allowing spectators to see how races are going in the air. Trying different angles of the autonomous flying vehicles trend later he created an ahead-of-time service for coffee delivery with drones. In 2015 he decided to focus entirely on construction industry founding TraceAir with a big vision of construction automation rapid growth behind it. He received a Masters degree in Physics from Lomonosov Moscow State University MSU the highest-ranked university in Russia.
TraceAir Employees & Team Size
TraceAir employs approximately 118 people as of 2026, up from 97 in 2023, including 2 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 118 employees (December 2024) | Not recorded |
| 2024 | Reached 111 employees (October 2024) | Not recorded |
| 2023 | Reached 97 employees (December 2023) | Not recorded |
| 2022 | Reached 81 employees (December 2022) | Not recorded |
| 2021 | Reached 56 employees (December 2021) | Not recorded |
| 2021 | Reached 41 employees (January 2021) | Not recorded |
Frequently Asked Questions about TraceAir
What is TraceAir's revenue?
As of 2024, TraceAir generated $25M in revenue.
What is TraceAir's valuation?
As of 2018, TraceAir was valued at $5.5M.
Who founded TraceAir?
TraceAir was founded by Dmitry Korolev.
When was TraceAir founded?
TraceAir was founded in 2015.
Who is the CEO of TraceAir?
The CEO of TraceAir is Dmitry Korolev.
How much funding does TraceAir have?
TraceAir raised $11.9M across 5 rounds.
How many employees does TraceAir have?
As of 2024, TraceAir had 118 employees.
Where is TraceAir headquartered?
TraceAir is headquartered in Redwood City, California, United States.
Compare TraceAir to the industry
TraceAir operates across multiple industries. Browse revenue, funding, and growth data for TraceAir in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Dronedeploy
DroneDeploy is a software company that provides a cloud-based platform for drone mapping and...
High Level Marketing
Trusted digital marketing agency helping small- and mid-sized service-based companies grow in their...
Salesbox AI
Drive Pipeline & Revenue Growth using SalesboxAI’s Intent-based Conversational ABM Platform &...
Tome
The AI-powered storytelling format that gives your work the edge it deserves.
PinMeTo
PinMeTo is a Stockholm-based SaaS platform that connects multi-location brands with search, map...
Criya
Creating stunning professional collateral, in seconds, with AI
