About TRAC
TRAC is a venture capital firm founded in 2019. It is primarily based out of Sonoma, United States. As of Dec 2025, TRAC has invested in 101 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Series A round of Enlightra Overall, TRAC portfolio has seen 2 unicorns and 10 acquisitions including key companies like Human Interest, Stoke and Cypher. A lot of funds co-invest with TRAC, with names like Y Combinator sharing a substantial percentage of its portfolio. TRAC has team of 11 people including 7 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Unicorns
Deals in last 12 months
TRAC's List of Top Investments
TRAC has a portfolio of 101 companies, including 2 unicorns. Their most notable investments are in HyperTrader and Lofty.Their portfolio spans across United States, Canada, United Kingdom and 4 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 21 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by TRAC:
Employer-enabled retirement planning platform. Offers tools to assist in developing retirement plans, recording, accounting, and compliance management solutions. Features a dashboard for syncing payroll, administrative, and compliance testing solutions for users.
Key facts about Human Interest
- Founded Year: 2015
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $789M
- Employee Count: 886 as on Jul 31, 2026
- Investors: Glynn Capital, Baillie Gifford and 42 Others
- Latest Funding Round: Series E, Nov 01, 2025, $*****
- Highlight: Editors' Pick
2. Rain
Key facts about Rain
- Founded Year: 2002
- Location: Venice (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $164M
- Employee Count: 353 as on Jul 31, 2026
- Investors: QED Investors, Prosus and 31 Others
- Latest Funding Round: Series B, Apr 08, 2025, $*****
3. Novig
Operator of a peer to peer sports betting exchange platform. This service allows individuals to trade sports outcomes directly against other participants. Users set their own odds or select existing lines to execute trades on various athletic events. The system provides access to market liquidity and order book information to facilitate transaction decisions. Participants utilize virtual currency or redeemable credits to engage in the exchange process.
Key facts about Novig
- Founded Year: 2021
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $106M
- Employee Count: 64 as on May 31, 2026
- Investors: Forerunner Ventures, Dragon Capital and 27 Others
- Latest Funding Round: Series B, Feb 18, 2026, $*****
- Highlight: Editors' Pick
4. Pawp
Provider of the digital clinic for pets. The company offers a membership program for pet parents with provides 24/7 access to licensed vets, unlimited video chats, personalized vet recommendations, emergency protection fund, vet-backed articles & resources, and more.
Key facts about Pawp
- Founded Year: 2019
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $16.3M
- Employee Count: 61 as on Jul 31, 2026
- Investors: Meyer Keith Ventures, Innovating Capital and 18 Others
- Latest Funding Round: Series A, 2022, $*****
- Highlight: Editors' Pick
5. Terzo
Cloud and AI based contract analytics software. It leverages AI that enables users to analyze and manage legal contracts. The platform automates data extraction and contract review. It allows users to track the contract expiration and renewal dates. Features include reporting, risk monitoring, compliance management, and more.
Key facts about Terzo
- Founded Year: 2020
- Location: Los Angeles (United States)
- Stage: Series A
- Total Funding till date: $19.2M
- Employee Count: 219 as on Jul 31, 2026
- Investors: NJF Capital, Human Capital and 11 Others
- Latest Funding Round: Series A, 2023, $*****
- Highlight: Editors' Pick
TRAC's Year-on-Year Investment Trends
TRAC has invested in 101 companies over the last 6 years, with an average of 13 new investments annually in the last 5 years. In 2025, it made 5 investments. Its most recent first time investment was in Orbital Operations and most recent follow-on round was in Enlightra.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 4 | 1 | 5 |
2024 | 16 | 1 | 17 |
2023 | 20 | 3 | 23 |
2022 | 19 | 1 | 20 |
2021 | 21 | 1 | 22 |
2020 | 8 | 0 | 8 |
TRAC's Investments by Stage
TRAC has made 60 investments in Seed stage with an average round size of $4.97M, 20 investments in Series A stage with an average round size of $15M and 8 investments in Series B stage with an average round size of $32.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 60 |
Series A | 20 |
Series B | 8 |
Note: We have considered here, only first round of investments
TRAC's Investments by Sector
TRAC has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, FinTech, Consumer and Enterprise Infrastructure. Notably, it has invested in 95 Tech companies, 72 Enterprise (B2B) companies, 63 Software companies and at least 37 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 53 |
High Tech | 28 |
FinTech | 17 |
Consumer | 8 |
Enterprise Infrastructure | 8 |
Others | 61 |
Note: We have considered here, only first round of investments
TRAC's Investments by Geography
TRAC has made most investments in United States (74), followed by Canada where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 74 |
Canada | 5 |
United Kingdom | 3 |
Australia | 1 |
Colombia | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
TRAC's recent investments
TRAC has not made any investment in 2026 so far.Here are the most recent investments by TRAC:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 18, 2025 | Switzerland | Series A | 4543 | [+5] | |
Aug 07, 2025 | United States | Seed | 8802 | [+5] | |
Jul 24, 2025 | United States | Seed | 7829 | [+11] | |
Jun 17, 2025 | Canada | Series A | 7509 | [+6] | |
Feb 06, 2025 | United States | Series A | 8779 | [+8] |
Unicorns in TRAC's Portfolio
TRAC has 2 unicorns in its portfolio - Stoke and Human Interest. The most recent unicorn in their portfolio is Stoke. It became a unicorn in 2025, 4 years after TRAC first invested in it.Here is a list of unicorns in TRAC's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | Manufacturer of reusable launch vehicles | 2019 | Kent | Series D | yovkfgz | ||
74 | Employer-enabled retirement planning | 2015 | San Francisco | Series E | xcroeyi |
Acquired companies in TRAC's Portfolio
10 companies from TRAC's portfolio have been acquired. The most recent acquisition was Cypher in Jul 2026 by NIUM for $*****.Here are TRAC's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 08, 2026 | 2022 | Seed | 7672 | |
Jul 14, 2025 | Nov 25, 2024 | Seed | 1110 | |
Apr 16, 2025 | Jul 11, 2023 | Seed | 8657 | |
Apr 07, 2025 | 2023 | Seed | 9279 | |
Jan 06, 2025 | - | - | 9853 |
Team profile of TRAC
TRAC has a team of 11 members including 7 Partners and 2 Principals located in United States. TRAC's team does not sit on the board of any company as of now.Here is a list of top team members in TRAC:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | California | - | ||
Partner | Charlottesville | - | ||
Partner | San Francisco | - | - | |
Partner | Columbus | - | - | |
Partner | Charlotte | - | - | |
Principal | United States | - | - | |
Principal | Brunswick | - |
Co-investors of TRAC
Over the past 6 years, 569 investors have co-invested in TRAC's portfolio companies. This includes funds and angels.
- Invested before TRAC: Y Combinator, Soma Capital and 268 others have invested in rounds before TRAC. There are 32 companies where Y Combinator has invested before TRAC and 6 companies where Soma Capital has invested before TRAC.
- Top Co-investors of TRAC: 108 investors entered a company along with TRAC. These include investors like Y Combinator (15 companies).
- Invested after TRAC: A total of 191 investors have invested in TRAC's portfolio after their investments. Top Investors include Y Combinator (8 companies), Soma Capital (4 companies) and Rebel Fund (4 companies).
Recent News related to TRAC
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Neurable raises $13M for brain-computer interface with everyday productsVentureBeat•May 07, 2024•Neurable, Ultratech Capital Partners, TRAC, Pace Ventures and 2 others
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Alum raised $4.2 million to expand its teamAgetech News•Mar 03, 2024•Axle Health, Pear VC, TRAC, Y Combinator and 1 other
