Tag-n-Trac, a La Jolla, CA.-based leading provider of advanced technologies for smart IoT tracking, today emerged from stealth and announced that it raised $10 million in Series A funding to bring real-time visibility and tracking to the global supply chain ecosystem.
The round was led by Dell Technologies Capital, with participation from Merck Global Innovation Fund and Aerosafe Global Inc.
Company: Tag-N-Trac, Inc.
Raised: $10.0M
Round: Series A
Funding Month: January 2022
Lead Investors: Dell Technologies Capital
Additional Investors: Merck Global Innovation Fund and Aerosafe Global Inc
Company Website: https://www.tagntrac.com/
Software Category: full-stack IoT solution
About the Company: Tag-n-Trac was founded by industry experts to modernize the entire logistics lifecycle. The company’s innovative SaaS platform offers complete, real-time visibility into the entire global supply chain ecosystem. The technology combines low-cost "printable" hardware sensors and a sensor-agnostic SaaS platform to help shippers, logistics providers, and manufacturers track the location, status, and condition of goods from manufacturing to shipping to last-mile delivery. Tag-n-Trac provides customers with a full-stack IoT solution by integrating multiple modes of hardware, software, and data technology to build smarter solutions that solve complex problems. The founding team consists of senior executives with engineering leadership experience in WiFi, Bluetooth, sensors, and positioning technologies.
Source: https://www.businesswire.com/news/home/20220125006080/en/Tag-n-Trac-raises-10M-Series-A-to-Bring-Real-Time-Visibility-and-Tracking-to-the-Global-Supply-Chain-Ecosystem