Tracel - About the company
Tracel is a seed company based in Quebec City (Canada), founded in 2023 by Nathaniel Simard and Louis Fortier-Dubois. It operates as an Open-source deep learning framework for training and inference. Tracel has raised an undisclosed amount in funding. The company has 171 active competitors, including 20 funded and 2 that have exited. Its top competitors include companies like Stability AI, LangChain and Fetch.ai.
Company Details
Open-source deep learning framework for training and inference. It is a software platform for automating machine learning operations. It also provides resources and expertise to support the development of reliable AI tools.
- Website
- tracel.ai
- Social
- Email ID
- *****@tracel.ai
- Phone Number
- +1 **********
- Registered Address
- Rīga, Ģertrūdes iela 77 - 10
Key Metrics
Founded Year
2023
Location
Quebec City, Canada
Stage
Seed
Latest Funding Round
Investors
Ranked
68th among 171 active competitors
Employee Count
2 as on Dec 31, 2023
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Legal entities associated with Tracel
Tracel is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TRACEL CIN: 40103874039 , Latvia, Active | Feb 24, 2015 | $74.8K (As on Dec 31, 2024) | 2 (As on Dec 31, 2023) | - |
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Tracel's funding and investors
Tracel has raised funding over 1 round. Its latest funding round was a Seed round on 2024 for $*****. 1 investor participated in its latest round. Tracel has 1 institutional investor.
Here is the list of recent funding rounds of Tracel:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2024 | 1545 | Seed | 6096 | 7482 | 6341 | 3933 |
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Tracel's founders and board of directors
Founder? Claim ProfileThe founders of Tracel are Nathaniel Simard and Louis Fortier-Dubois. Nathaniel Simard is the CEO of Tracel.
Here are the details of Tracel's key team members:
- Nathaniel Simard: Co-Founder & CEO of Tracel. Contact Info: 1 email address
- Louis Fortier-Dubois: Co-Founder of Tracel. Contact Info: 1 email address
View details of Tracel's Founder profiles and Board Members
Tracel's employee count trend
Tracel has 2 employees as of Dec 23. The total employee count is the same as what it was in Dec 22. Here is Tracel's employee count trend over the years:
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Tracel's Competitors and alternates
Top competitors of Tracel include Stability AI, LangChain and Fetch.ai. Here is the list of Top 10 competitors of Tracel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Stability AI 2021, London (United Kingdom), Seed | Developer of generative AI models for image, video, audio, and 3D | $181M | 72/100 | |
2nd | LangChain 2022, San Francisco (United States), Series B | Developer of tools for building, testing, and deploying AI agent applications | $260M | 70/100 | |
3rd | Fetch.ai 2017, Cambridge (United Kingdom), Series C | Blockchain-based network for application and AI infrastructure | $61.9M | 68/100 | |
4th | Developer of a platform for building custom artificial intelligence solutions | $45.6M | 64/100 | ||
5th |  LlamaIndex 2023, San Francisco (United States), Series A | Data framework for connecting data sources to large language models | $27.5M | 62/100 | |
6th | Developer of search foundation providing embeddings, reranker, and reader capabilities | $39M | 58/100 | ||
7th | Decart 2023, Wilmington (United States), Series B | Real-time generative AI open world model developer | $153M | 57/100 | |
8th |  Inferact 2026, San Francisco (United States), Seed | Developer of open-source large language model inference engine and related infrastructure | $150M | 55/100 | |
9th |  Unify 2021, London (United Kingdom), Series A | Web platform tool to integrate AI models, libraries, frameworks, and hardware | $8.5M | 54/100 | |
10th | Airtop 2020, San Jose (United States), Series A | Provider of a platform for automating sales and marketing workflows | $38.8M | 53/100 | |
68th | Open-source deep learning framework for training and inference | - | 19/100 |
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Tracel's Investments and acquisitions
Tracel has made no investments or acquisitions yet.
Reports related to Tracel
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