TraceAir
Redwood City, California, United States
How TraceAir hit $5M revenue with a 97 person team in 2023.
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.
2015
Founded
$5M
2023 Revenue
53.8%
YOY
$11.9M
Funding
TraceAir Revenue
In 2023, TraceAir revenue run rate hit $5M in revenue.
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2023
TraceAir hit $5M in revenue in 2023
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2021
TraceAir hit $2.4M in revenue in 2021
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2015
TraceAir launched in 2015 with $0 revenue
TraceAir Funding History
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2021 Venture Round
TraceAir raised a Venture Round of in November, 2021
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2021 Series A
TraceAir raised a Series A of in January, 2021
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2018 Seed Round
TraceAir raised a Seed Round of in May, 2018
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2016 Convertible Note
TraceAir raised a Convertible Note of in August, 2016
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2016 Seed Round
TraceAir raised a Seed Round of in May, 2016
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| November, 26 2021 | Venture Round | ||
| January, 20 2021 | Series A | ||
| May, 21 2018 | Seed Round | ||
| August, 01 2016 | Convertible Note | ||
| May, 18 2016 | Seed Round |
Team
TraceAir has 97 total employees and 2 sales reps that carry a quota. an engineering team of 11 and a marketing team of 1.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 97 |
| Engineer | 11 (11%) |
| Sales | 2 (2%) |
| Marketing | 1 (1%) |
Founder / CEO
Dmitry Korolev
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.
Q&A
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Customers
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TraceAir Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Dmitry Korolev | CEO | [email protected] | - |
TraceAir Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Dmitry Korolev | CEO | [email protected] | - |
Frequently Asked Questions about TraceAir
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When was TraceAir founded?
TraceAir was founded in 2015.
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How much revenue does TraceAir generate?
TraceAir generates $5M in revenue.
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Who is the CEO of TraceAir
The CEO of TraceAir is Dmitry Korolev.
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How much funding does TraceAir have?
TraceAir raised $11.9M.
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How many employees does TraceAir have?
TraceAir has 97 employees.
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Where is TraceAir headquarters?
TraceAir is headquartered at Redwood City, California, United States
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