When was Trace3 founded?

Trace3 was founded in 2001 and raised its 1st funding round 16 years after it was founded.

Where is Trace3 located?

Trace3 is headquartered in Irvine, United States. It is registered at Irvine, California.

How many employees does Trace3 have?

As of Jun 30, 2026, the latest employee count at Trace3 is 1445.

Is Trace3 a funded company?

Trace3 is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Jun 16, 2017.

When was the latest funding round of Trace3?

Trace3's latest funding was a $***** Series B round on Jun 16, 2017, with participation from 1 investor.

Where does Trace3 rank among its competitors?

Trace3 ranks 130th amongst 126126 active competitors, of which 965 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Accenture, which secured an undisclosed amount in Mar, 2024.

Who are the top competitors of Trace3?

Trace3's top competitors include IBM, Hewlett Packard Enterprise and Mindtree. Among them, Accenture secured the most recent funding round in March, 2024.

Trace3 - 2026 Company Profile, Team, Funding & Competitors

Trace3 is an acquired company based in Irvine (United States), founded in 2001 by Hayes Drumwright. It operates as an IT solutions and services provider specializing in AI, data, cloud, and cybersecurity. Trace3 has raised an undisclosed amount in funding from H.I.G. Capital. The company has 126126 active competitors, including 965 funded and 7385 that have exited. Its top competitors include companies like IBM, Hewlett Packard Enterprise and Mindtree.

Company Details

IT solutions and services provider specializing in AI, data, cloud, and cybersecurity. The organization delivers business transformation through consulting, integration, and operation of convergent solutions. They empower organizations to embrace the ever-changing IT landscape, helping clients realize value from their technology investments. Services include AI strategy, governance, solutioning, architecture, and operations; data and analytics platform modernization; cloud solutions, security, and talent solutions; enterprise strategy and transformation; innovation advisory services; and security solutions including governance, risk, compliance, and identity management. They also offer managed services for cloud and infrastructure, supply chain and integration services, and lifecycle management. The company focuses on helping businesses run, grow, and transform through technology, offering a range of resources and content to support their clients' journeys.

Website: www.trace3.com/
Social
Phone Number: +1 **********
Registered Address: Irvine, California

Key Metrics

Founded Year

2001

Location

Irvine, United States

Stage

Acquired

Latest Funding Round

Series B, Jun 16, 2017, $*****

Investors

H.I.G. Capital & 2 more

Ranked

130^th among 126126 active competitors

Employee Count

1,445 as on Jun 30, 2026

Investment & Acquisitions

IVOXY CONSULTING & 6 more

Similar Companies

IBM & 149797 more

Exit Details

Acquired by Apollo Funds (Aug 11, 2025)

View Trace3's full profile

Trace3 is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TRACE 3, INC. CIN: 954876514 , United States, Active	Dec 31, 1999	-	1267 (As on Dec 31, 2024)	-

Trace3 got acquired by Apollo Funds on Aug 11, 2025.

Click here to take a look at Trace3's acquisition in detail

Trace3 has raised funding over 1 round. Its latest funding round was a Series B round on Jun 16, 2017 for $*****. 1 investor participated in its latest round. Trace3 has 3 institutional investors.

Here is the list of recent funding rounds of Trace3:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 16, 2017	9432007	Series B	8198474	7898316	5586621	9407231

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View details of Trace3's funding rounds and investors

The founders of Trace3 is Hayes Drumwright.

Here are the details of Trace3's key team members:

Hayes Drumwright: Co-Founder of Trace3.

View details of Trace3's Founder profiles and Board Members

Trace3's employee count trend

Trace3 has 1,445 employees as of Jun 26. Here is Trace3's employee count trend over the years:

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Top competitors of Trace3 include IBM, Hewlett Packard Enterprise and Mindtree. Here is the list of Top 10 competitors of Trace3, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 22 others	81/100
2nd	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Draper Athena, Kleiner Perkins & 2 others	78/100
3rd	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	78/100
4th	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	76/100
5th	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	ChrysCapital, Seaside Private Capital & 1 others	75/100
6th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	74/100
7th	EPAM 1993, Newtown (United States), Public	Provider of software development, data analytics, and other IT suite services	$50M	Merifin Capital, VTB Capital Investment Management ... & 8 others	74/100
8th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	CRV, EQT & 8 others	73/100
9th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
10th	Valtech 1993, Paris (France), Acquired	Provider of diversified application development, IT consulting, and digital transformation services	-	Verlinvest, Kharis Capital & 3 others	73/100
130th	Trace3 2001, Irvine (United States), Acquired	IT solutions and services provider specializing in AI, data, cloud, and cybersecurity	-	H.I.G. Private Equity, Mayfield & 1 others	59/100

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Trace3 has not made any investments yet. Trace3 has made 7 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 09, 2025	Acquisition	IVOXY CONSULTING	2006	Portland (United States)
Dec 19, 2024	Acquisition	Zivaro	2014	Denver (United States)
Jan 09, 2024	Acquisition	Tail Wind	2001	Saint Louis Park (United States)