Trax Retail

Cloud-based Retail Management Solutions

Business Software
Acquired by Form on Feb 2026
Acquired Tel Aviv-Yafo Founded 2010
Total raised
$1.0B
Last: Debt Financing 2023-11
Stage
Acquired
Founded
2010
Headcount
836
HQ
Tel Aviv-Yafo
Sector
Business Software

About

Trax specializes in providing image-recognition technology and market data services for tier-one manufacturers. Trax enables in-store execution controls and the ability to unlock revenue opportunities at all points of sale. The company’s technology can be integrated as a plug-in with existing merchandising or retail execution systems.

The Trax platform utilizes iOS, Android, and Windows smartphones and tablets to capture images of retail shelves. Analysis within the Trax cloud provides immediate, actionable mobile reports to sales reps and aggregated web reports to management teams.

Trax is an OEM partner with more than 25 retail solution providers, and many brands use Trax to manage their in-store execution and increase revenues, including Coca-Cola, AB InBev, Nestl, and Henkel.

Frost & Sullivan chose Trax as the winner of its 2017 New Product Innovation Award, and Trax has been ranked among the top 25 fastest-growing companies on the Deloitte Technology Fast 500 list.

Funding history · 10 rounds · $1.0B total

2023-11
Debt Financing $50.0M
2021-04
Series E $640.0M
2021-03
Undisclosed $2.0M
2019-07
Series D $100.0M
2018-07
Series E $125.0M
2017-06
Series D $64.0M
2017-02
Series D $19.5M
2016-06
Series C $40.0M
2014-12
Series D $15.0M
2013-08
Undisclosed $6.6M

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareSales & Marketing Solutionse-Commerce Tools
Technologies
Artificial IntelligenceImage RecognitionMachine LearningComputer Vision
Target customers
Commerce & RetailConsumer Goods
Business model
B2B

Highlights

Verified

Tags

machine-learningimage-recognitionretailsaasreal-timemobile-applicationsimage-processingcomputer-visionunicorn-2019artificial-intelligencefood-and-beveragebrandingretail-technologymarketingbusiness-intelligence