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Tracer Closes $18.1M Oversubscribed Series A Funding, Names John Sheehy To Board

PRIVATEAug 10, 2023

Amount Raised

$18.1 Million

Round Type

Series A

New YorkSoftwareEnterprise SoftwareAnalyticsData CenterBig DataData MiningSaaS

Investors

Arbour Way InvestorsS4 S VenturesBdmiProgress VenturesAlex RodriguezMarc LoreGary VaynerchukJoins Progress VenturesNew Road Capital Partners

Description

Tracer, the leading data intelligence platform, announced today the completion of an oversubscribed Series A fundraise co-led by NewRoad Capital Partners, Progress Ventures, and BDMI, part of Bertelsmann's corporate venture arm Bertelsmann Investments. S4S Ventures and Arbour Way Investors also participated in the series. The close of the round was accompanied by the addition of John Sheehy, Operating Partner at NewRoad Capital Partners, to its Board of Directors.

Quick answer

Tracer Labs raised $18.1 Million in a Series A round, dated August 10, 2023. Investors: Arbour Way Investors, S4 S Ventures, Bdmi, Progress Ventures, Alex Rodriguez, Marc Lore, Gary Vaynerchuk and Joins Progress Ventures. Tracer Labs is based in New York, New York, United States.

How much did Tracer Labs raise?
Tracer Labs raised $18.1 Million in a Series A round on August 10, 2023.
Who invested in Tracer Labs?
Arbour Way Investors, S4 S Ventures, Bdmi, Progress Ventures, Alex Rodriguez, Marc Lore, Gary Vaynerchuk and Joins Progress Ventures are named as investors in this round.
What does Tracer Labs do?
Tracer is a data intelligence platform that revolutionizes modern data stack management by eliminating technical complexity.
Where is Tracer Labs based and how big is it?
Tracer Labs is based in New York, New York, United States.
Who are the decision-makers at Tracer Labs?
Fundz holds 1 contact at Tracer Labs, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Enterprise Software and Analytics around the same time

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

  • Hammerspace raised $57M (Funding Round) on July 18, 2023.
  • Tamr raised an undisclosed amount on July 12, 2023.
  • Betterleap raised $13M (Seed) on September 18, 2023.
  • Orbee raised $4M (Series A) on September 14, 2023.
  • CLARA Analytics raised $24M (Series C) on September 8, 2023.
  • ConverSight.ai, Inc. raised $9M (Funding Round) on August 28, 2023.

Who to call at Tracer Labs, and when

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Company Information

Company

Tracer Labs

Location

10 HUDSON YARDS

New York, New York, United States

About

Tracer is a data intelligence platform that revolutionizes modern data stack management by eliminating technical complexity. Tracer empowers global brands, data partners and agencies to make strategic decisions by seamlessly consolidating data sources and enriching it with business insights. By leveraging its comprehensive and flexible suite of technologies, Tracer provides unparalleled transparency into business performance and delivers a centralized source of truth.

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Related People

1 contact
Verified contactsLeighton W., Executive Officer, Director hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Tracer Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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