Tractian Technologies Inc. raised $120 million in a Series C funding round led by Sapphire Ventures to advance its hardware and software solutions for modernizing factory maintenance.

Dec 05, 2024•about 1 year ago

Amount Raised

$120 Million

Round Type

series c

Grand CaymanSoftwareManufacturing

Investors

Y CombinatorNgp CapitalNext47General CatalystSapphire Ventures

Description

Tractian Technologies Inc. announced the completion of its latest funding round, raising $120 million to enhance its manufacturing solutions that integrate hardware, software, and AI. This funding brings their total to $200 million and will support their mission to improve predictive and preventive maintenance.

Company Information

Company

Tractian

Location

Grand Cayman, Grand Cayman, Cayman Islands

About

Tractian is the Industrial Copilot for manufacturing leaders, with a platform that empowers businesses to prevent unplanned downtime, boost operational efficiency, and enhance maintenance capacity. The company is headquartered in Atlanta, GA, and extends its presence globally with offices in Mexico City and Sao Paulo.

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Funding Insights

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