Fundz

Trace Machina raised $4.7M in Seed funding led by Wellington Management to expand operations and development efforts.

PRIVATEAug 23, 2024

Amount Raised

$4.7 Million

Round Type

Seed

Software

Investors

Gert LackrietMitch WainerClem DelangueVerissimo VenturesGreen Bay VenturesSequoia Capital Scout FundSamsung NEXTWellington Management

Description

Trace Machina, based in San Francisco, CA, raised $4.7M in Seed funding to enhance its simulation infrastructure for physical-world AI technologies. The funding round was led by Wellington Management and included participation from several prominent investors.

Quick answer

Trace Machina raised $4.7 Million in a Seed round, dated August 23, 2024. Investors: Gert Lackriet, Mitch Wainer, Clem Delangue, Verissimo Ventures, Green Bay Ventures, Sequoia Capital Scout Fund, Samsung NEXT and Wellington Management.

How much did Trace Machina raise?
Trace Machina raised $4.7 Million in a Seed round on August 23, 2024.
Who invested in Trace Machina?
Gert Lackriet, Mitch Wainer, Clem Delangue, Verissimo Ventures, Green Bay Ventures, Sequoia Capital Scout Fund, Samsung NEXT and Wellington Management are named as investors in this round.
What does Trace Machina do?
The company, which is known for helping law enforcement nab illicit crypto activities, saw its valuation double to $8.6 billion from its round last June.
Who are the decision-makers at Trace Machina?
Fundz holds 1 contact at Trace Machina. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

Companies in the same sectors as Trace Machina that raised within 45 days of this round, from Fundz verified event records.

  • Beeline Holdings raised $56M on October 7, 2024.
  • Unified.to raised $1.1M (Pre-Seed) on October 7, 2024.
  • Lovable raised $7.5M (Pre-Seed) on October 7, 2024.
  • Runware raised $3M (Seed) on October 7, 2024.
  • Anyformat raised $570K (Pre-Seed) on October 7, 2024.
  • Delos Insurance Solutions raised $16M on October 7, 2024.

Who to call at Trace Machina, and when

A new round usually means Trace Machina is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Trace Machina raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Trace Machina, from your own LinkedIn network

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Company Information

Company

Trace Machina

About

The company, which is known for helping law enforcement nab illicit crypto activities, saw its valuation double to $8.6 billion from its round last June. Prior to this new round, the firm had raised $366 million from investors including Benchmark, Accel, Paradigm and Coatue.

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