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.
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.
12/05/24, 2:47 PM
Location
grand caymanMoney raised
$120 million
Industry
software
manufacturing
Round Type
series c
Investors
Y Combinator, Ngp Capital, Next47, General Catalyst, Sapphire Ventures
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 Info
Location
grand cayman, grand cayman, cayman islands
Additional Info
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.