Valuation
$876.7K
2024 Revenue
$292.2K
Customers
15
Funding
$0
YOY
26.5%
Avg ACV
$19.5K
Team
2
Founded
2013
How TraQtion CEO Andrew Follett grew to $292.2K revenue and 15 customers in 2024.
TraQtion helps systematically track compliance and risks across suppliers, products and sites for food and beverage retailers, restaurants and manufacturers. From farm to fork, our deep understanding of the food safety supply chain matched with cutting-edge technological expertise has you covered.
Follow us to receive TraQtion updates, webinars, and the latest issues and trends in food safety technology.
Last updated
TraQtion Revenue
In 2024, TraQtion's revenue reached $292.2K. The company previously reported $231K in 2023. Since its launch in 2013, TraQtion has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | TraQtion Hit $292.2k revenue in October 2024 | |
| 2023 | TraQtion Hit $231k revenue in December 2023 | |
| 2021 | TraQtion Hit $385k revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
TraQtion Valuation, Funding Rounds
TraQtion's most recent disclosed valuation is $876.7K.
TraQtion is a bootstrapped Specification Management Software startup. Founded in 2013, TraQtion has grown to $292.2K in revenue without raising any venture capital or outside funding.
As a self-funded Specification Management Software SaaS company, TraQtion has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Andrew Follett
Andrew Follett is listed as Founder / CEO at TraQtion.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
TraQtion serves 15 customers.
TraQtion Employees & Team Size
TraQtion employs approximately 2 people as of 2026. It serves 15 customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 2 employees (October 2024) |
| 2023 | Reached 2 employees (December 2023) |
| 2022 | Reached 2 employees (December 2022) |
| 2021 | Reached 4 employees (December 2021) |
| 2021 | Reached 5 employees (April 2021) |
Frequently Asked Questions about TraQtion
What is TraQtion's revenue?
TraQtion generates $292.2K in revenue.
Who founded TraQtion?
TraQtion was founded by Andrew Follett.
Who is the CEO of TraQtion?
The CEO of TraQtion is Andrew Follett.
How much funding does TraQtion have?
TraQtion raised $0.
How many employees does TraQtion have?
TraQtion has 2 employees.
Where is TraQtion headquarters?
TraQtion is headquartered in Ann Arbor, Michigan, United States.
Compare TraQtion to the industry
TraQtion operates across multiple industries. Browse revenue, funding, and growth data for TraQtion 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.
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