Trax Technologies
Wilmington, Delaware, United States
Valuation
$49.5M
2021 Revenue
$16.5M
Customers
300
Funding
$15M
Avg ACV
$55K
Team
424
Founded
1993
Trax Technologies Revenue, Valuation & Funding (2021)
Provider of invoice processing software intended for freight shipment and logistics industry. The company's software is a cloud-based platform that simplifies the logistics management process through audit controls and by keeping detailed records of costs, payments and other financial data, enabling customers to reduce risk, save money and improve enterprise-wide efficiency.
Last updated
Trax Technologies Revenue
In 2021, Trax Technologies's revenue reached $16.5M. Since its launch in 1993, Trax Technologies has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Trax Technologies Hit $16.5m revenue in April 2021 | |
| 1993 | Launched with $0 revenue |
Trax Technologies Valuation, Funding Rounds
Trax Technologies reached a $49.5M valuation in 2025, set during its M&A Offer round.
Trax Technologies has raised $15M in total funding across 2 rounds, with its most recent round in 2013.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $49.5M | - | |
| 2013 | Funding round | $10M | - | - | |
| 2008 | Funding round | $5M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Trax Technologies serves 300 customers.
Trax Technologies Employees & Team Size
Trax Technologies employs approximately 424 people as of 2026. It serves 300 customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 424 employees (April 2021) |
Frequently Asked Questions about Trax Technologies
What is Trax Technologies's revenue?
Trax Technologies generates $16.5M in revenue.
Who founded Trax Technologies?
Trax Technologies was founded by Hampton Wall.
Who is the CEO of Trax Technologies?
The CEO of Trax Technologies is Hampton Wall.
How much funding does Trax Technologies have?
Trax Technologies raised $15M across 2 rounds.
How many employees does Trax Technologies have?
Trax Technologies has 424 employees.
Where is Trax Technologies headquarters?
Trax Technologies is headquartered in Wilmington, Delaware, United States.
Compare Trax Technologies to the industry
Trax Technologies operates across multiple industries. Browse revenue, funding, and growth data for Trax Technologies 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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