When was PreAct Tech founded?

PreAct Tech was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is PreAct Tech located?

PreAct Tech is headquartered in Portland, United States.

How many employees does PreAct Tech have?

As of Mar 31, 2026, the latest employee count at PreAct Tech is 3.

Is PreAct Tech a funded company?

PreAct Tech is a funded company, having raised a total of $51.3M across 10 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 29, 2019.

When was the latest funding round of PreAct Tech?

PreAct Tech's latest funding was a $***** Series B round on Apr 25, 2023, with participation from 4 investors.

Where does PreAct Tech rank among its competitors?

PreAct Tech ranks 2nd amongst 20 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was PreAct Tech, which secured $20M in Apr, 2023.

Who are the top competitors of PreAct Tech?

PreAct Tech's top competitors include Terranet, Discoperi and axitech. Among them, PreAct Tech secured the most recent funding round in April, 2023.

PreAct Tech - 2026 Company Profile, Team, Funding & Competitors

PreAct Tech is a series B company based in Portland (United States), founded in 2018 by Kurt Brendley and Paul Drysch. It operates as a Tech-enabled crash detection and collison avoidance system. PreAct Tech has raised $51.3M in funding from investors like I Squared Capital, State Farm and Social Impact Capital. The company has 20 active competitors, including 5 funded and 1 that has exited. Its top competitors include companies like Terranet, Discoperi and axitech.

Company Details

PreAct Tech offers tech-enabled crash detection and collision avoidance system. The system uses the near field sensor to detect and predict the crash. In case of crash, the system will automatically increase the safety of occupants by providing pre-crash airbags, tightening the seat belts, and more.

Website: www.preact-tech.com
Social
Email ID: *****@preact-tech.com

Key Metrics

Founded Year

2018

Location

Portland, United States

Stage

Series B

Total Funding

$51.3M in 10 rounds

Latest Funding Round

Series B, Apr 25, 2023, $*****

Investors

I Squared Capital & 10 more

Ranked

2^nd among 20 active competitors

Employee Count

3 as on Mar 31, 2026

Investment & Acquisitions

Exipple

Similar Companies

Terranet & 33 more

View PreAct Tech's full profile

PreAct Tech has raised a total funding of $51.3M over 10 rounds. Its first funding round was on Apr 29, 2019. Its latest funding round was a Series B round on Apr 25, 2023 for $*****. 4 investors participated in its latest round. PreAct Tech has 11 institutional investors.

Here is the list of recent funding rounds of PreAct Tech:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 25, 2023	3889648	Series B	2686976	5713858	7011291	7159901
Jan 05, 2023	3993880	Series B	7202203	2673614	1613103	State Farm & 2 more
Nov 16, 2021	2377062	Series A	1934326	3964189	State Farm	Elev8 & 3 more

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View details of PreAct Tech's funding rounds and investors

The founders of PreAct Tech are Kurt Brendley and Paul Drysch.

Here are the details of PreAct Tech's key team members:

Kurt Brendley: Chief Product Officer & Co-Founder of PreAct Tech.
Paul Drysch: Former Co-Founder & CEO of PreAct Tech.
Contact Info: 1 email address

View details of PreAct Tech's Founder profiles and Board Members

PreAct Tech's employee count trend

PreAct Tech has 3 employees as of Mar 26. Here is PreAct Tech's employee count trend over the years:

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Top competitors of PreAct Tech include Terranet, Discoperi and axitech. Here is the list of Top 10 competitors of PreAct Tech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Terranet 2004, Lund (Sweden), Public	AI-based tech solutions for advanced driver assistance and self-driving vehicles	-	Bluehill VC, Hunter Capital & 1 others	58/100
2nd	PreAct Tech 2018, Portland (United States), Series B	Tech-enabled crash detection and collison avoidance system	$51.3M	Sony Innovation Fund, Stargazer Ventures & 9 others	41/100
3rd	Discoperi 2016, Madrid (Spain), Seed	AI and block-chain-based accident prevention solutions	-	MTS StartUp Hub, Conected Mobility HUB & 4 others	38/100
4th	axitech 2004, London (United Kingdom), Series A	Provider of a cloud-based accident detection system and recovery system	-	Balderton Capital, Curtis Banks & 11 others	31/100
5th	Splitsecnd 2010, Nashville (United States), Deadpooled	Tech-enabled solution for carsh detection	$6.09M	Tennessee Community Ventures, Jumpstart Foundry ... & 1 others	29/100
6th	Dexin Intelligent Technology 2020, Changzhou (China), Seed	Developer of multi-category sensor for collision avoidance	-	Guorun Capital, SAIC American Capital	27/100
7th	Yi Truck Network 2011, Shenzhen (China), Series A	AI-enabled crash detection solutions	$5.88M	Z Ventures	27/100
8th	AWOS Technologies 2010, Pointe Claire (Canada), Unfunded	Provider of vehicle safety systems for the automotive industry	-	-	24/100
9th	PC-Crash 1999, Richmond (Canada), Unfunded	Simulation software tool for collision avoidance	-	-	24/100
10th	SALI System 2016, Novi Sad (Serbia), Funding Raised	Provider of injury detection device after car accident	-	-	24/100