Tropic revenue hit $50.7M in 2024

Tropic generates revenue from 150 customers

Tropic

920 Broadway, Floor 2, New York, New York, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Tropic hit $50.7M revenue and 150 customers in 2023.

Tropic is a project management and team collaboration tool designed for remote teams. The platform offers a range of features, including task management, time tracking, team messaging, file sharing, and more. Tropic aims to improve productivity and streamline communication for remote teams by providing a central hub for all team-related activities. The platform also offers integrations with other popular tools, such as Google Drive and Trello, to further enhance its functionality. Tropic is based in New York and was founded in 2020.

Founded

2019

Founded

Revenue

$50.7M

2023 Revenue

YOY

455.57%

YOY

Funding

$67.1M

Funding

Tropic Revenue

In 2023, Tropic revenue run rate hit $50.7M in revenue.

  • 2023

    Tropic hit $50.7M in revenue in 2023

  • 2022

    Tropic hit $9.1M in revenue in 2022

  • 2022

    Tropic hit $9.1M in revenue in 2022

  • 2021

    Tropic hit $1.7M in revenue in 2021

  • 2021

    Tropic hit $1.7M in revenue in 2021

  • 2019

    Tropic launched in 2019 with $0 revenue

Tropic Funding History

  • 2022 Series B

    Tropic raised a Series B of in February, 2022

  • 2021 Series A

    Tropic raised a Series A of in August, 2021

  • 2020 Seed Round

    Tropic raised a Seed Round of in April, 2020

FUNDING DATE ROUND AMOUNT VALUATION
February, 15 2022 Series B
August, 16 2021 Series A
April, 08 2020 Seed Round

Team

Tropic has 368 total employees and 63 sales reps that carry a quota. They have 150 customers an engineering team of 37 and a marketing team of 1.

DISTRIBUTION QTY
Total team size 368
Engineer 37 (10%)
Sales 63 (17%)
Marketing 1 (0%)

Founder / CEO

David Campbell

CEO and Co-Founder at Tropic. It's never been harder to buy software than it is now. The purchasing process is manual and time-consuming for both sides. Tropic provides data, tools and services to automate SaaS procurement for tech-forward companies.

Q&A

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Customers

Churn

Tropic Executives

Name Position Working Email Personal Email
David Campbell CEO [email protected] -

Tropic Employees

Name Position Working Email Personal Email
David Campbell CEO [email protected] -

Frequently Asked Questions about Tropic

  • When was Tropic founded?

    Tropic was founded in 2019.

  • How much revenue does Tropic generate?

    Tropic generates $50.7M in revenue.

  • Who is the CEO of Tropic

    The CEO of Tropic is David Campbell.

  • How much funding does Tropic have?

    Tropic raised $67.1M.

  • How many employees does Tropic have?

    Tropic has 368 employees.

  • Where is Tropic headquarters?

    Tropic is headquartered at 920 Broadway, Floor 2, New York, New York, United States

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