Tracxn, Grabs $3.5M in Series A Funding

What does Tracxn do?

Tracxn, is a data analytics company. it is the largest data platform of startups. This startup is the research partner for venture Capitalists and Corporate Development office which are powered by the largest Startup Data platform which tracks more than 10 M companies all over the world. This data analytics company captures all the digital footprints of startups and combines it with the human curation for providing an info platform for the decision makers and private market investors.

Tracxn currently derives insights via large scale data aggregation in practice areas comprising of enterprise applications, enterprise infrastructure, mobile consumer, emerging markets, technology and fintech. They combine it with sector research efforts and internal sourcing.

Currently Tracxn is working with more than 50 venture funds which include some of the big names in the industry. Their goal is to place themselves as the Gartner for the startups info.

How much Tracxn was funded?

Tracxn raised $3.5M in Series A funding on April 28^th, 2015 from the investor SAIF partners.

What is next for Tracxn?

Tracxn is going to use the funding from the latest investment to build a large team for tracking start-ups all over the world. It plans to increase its team of 30 analysts to 150 by end of 2015. It is also planning to target a wider range of clients which includes universities and consulting firms.

More about Tracxn

Tracxn, the analytics firm was founded by Abhishek Goyal and Neha Singh on June 2013 and has its headquarters in Palo Alto, CA. There a lot of inefficiencies in the startup ecosystem which is making its hard for the startups and investors in connecting with each other. The company aims at making ita easy and fast for the potential investors in understanding the sector of their interest.  It currently has 20 million companies in its bag.