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TRAX
Trax
Retail technology / computer vision for CPG shelf analytics ยท Singapore ยท Singapore ยท Founded ยท 2010 ยท โ‰ˆ ยท 859 ยท employees

Trax Funding History: Rounds, Investors & Valuation

Private

Trax has raised $897.9M across 9 funding rounds.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Trax funding ยท at a glance
Total raised, all rounds
$897.9M
sum of disclosed sizes
Funding rounds
9
priced rounds
Latest round
Jan 2024
Jan 2024
Lead on that event
Deutsche Bank Private Credit & Infrastructure
Debt financing; no valuation published alongside it.
2024
About Trax

Trax raised $100 million in a 2019 Series D round led by Hopu Investments, then $650 million in an April 2021 Series E led by SoftBank Vision Fund and BlackRock. In January 2024 it secured $50 million in venture debt from Deutsche Bank Private Credit & Infrastructure to expand its Signal-Based Merchandising platform.

Funding timeline

The Trax funding timeline

9 funding rounds, the latest highlighted.

2010
Trax founded

Trax was founded in 2010, Singapore.

JUN 2011
Seed

A primary round โ€” the company sells new shares to investors it selects. $1.1M raised.

Valuation basisAmount$1.1MPrice / shareLead
AUG 2013
Series A

A primary round โ€” the company sells new shares to investors it selects. $6.6M raised.

Valuation basisAmount$6.6MPrice / shareLead
FEB 2014
Series B

A primary round โ€” the company sells new shares to investors it selects. $15.7M raised.

Valuation basisAmount$15.7MPrice / shareLead
DEC 2014
Series B extension

A primary round โ€” the company sells new shares to investors it selects. $15M raised.

Valuation basisAmount$15MPrice / shareLead
JUN 2016
Series C

A primary round โ€” the company sells new shares to investors it selects. $40M raised.

Valuation basisAmount$40MPrice / shareLead
FEB 2017
Series C (tranche 2)

A primary round โ€” the company sells new shares to investors it selects. $19.5M raised, led by Broad Peak Investments.

Valuation basisAmount$19.5MPrice / shareLeadBroad Peak Investments
JUL 2019
Series D

A primary round โ€” the company sells new shares to investors it selects. $100M raised, led by Hopu Investments.

Valuation basisAmount$100MPrice / shareLeadHopu Investments
APR 2021
Series E

A primary round โ€” the company sells new shares to investors it selects. $650M raised, led by SoftBank Vision Fund, BlackRock.

Valuation basisAmount$650MPrice / shareLeadSoftBank Vision Fund, BlackRock
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Trax funding rounds in full

9 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Venture debt (Deutsche Bank) LATEST
Jan 2024
$50M
โ€”
โ€”
Deutsche Bank Private Credit & Infrastructure
Debt financing; no valuation published alongside it.
Series E
Apr 2021
$650M
โ€”
โ€”
SoftBank Vision Fund, BlackRock
โ€”
Series D
Jul 2019
$100M
โ€”
โ€”
Hopu Investments
โ€”
Series C (tranche 2)
Feb 2017
$19.5M
โ€”
โ€”
Broad Peak Investments
โ€”
Series C
Jun 2016
$40M
โ€”
โ€”
โ€”
โ€”
Series B extension
Dec 2014
$15M
โ€”
โ€”
โ€”
โ€”
Series B
Feb 2014
$15.7M
โ€”
โ€”
โ€”
โ€”
Series A
Aug 2013
$6.6M
โ€”
โ€”
โ€”
โ€”
Seed
Jun 2011
$1.1M
โ€”
โ€”
โ€”
โ€”
Trax ยท investors

Investors

DDeutsche Bank Private Credit & InfrastructureLEADSSoftBank Vision FundLEADBlackRockLEADHHopu InvestmentsLEADBBroad Peak InvestmentsLEAD

Frequently asked questions

Is Trax publicly traded?โ€บ

No. Trax is a private company; its shares do not trade on a public exchange.

Who has invested in Trax?โ€บ

Lead investors for each round are in the funding timeline.

Who are Trax's competitors?โ€บ

The closest retail technology / computer vision for cpg shelf analytics peers are on the competitors page.

How can I get exposure to Trax?โ€บ

The routes section explains what is realistically available for a company at this stage.

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