Trax Group Inc.
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Trax Group Inc. - overview
Established
1993
Location
Irving, TX, US
Primary Industry
Software
About
Trax Technologies, Inc. is a provider of advanced supply chain data management and compliance solutions, specializing in freight audit and spend management to enhance logistics efficiency through AI technologies. Founded in 1993, Trax Technologies, Inc. is headquartered in Scottsdale, US.
The company focuses on optimizing freight audit processes. Scott Nelson is the founder, while Blake Tablak and Hamp Wall serve as the current CEOs. In November 2025, Trax Technologies, Inc. , a portfolio company of Spire Capital, acquired EM6 Worldwide.
Financial terms were not disclosed. Trax Technologies specializes in advanced supply chain data management and compliance solutions through global freight audit and spend management. The company's AI-powered services enhance freight audit processes, delivering cost savings and improved supply chain resilience. Trax's solutions convert raw transportation data into actionable insights, serving a diverse range of industries including manufacturing, retail, and transportation, with a global presence across North America, Europe, and Asia-Pacific.
Operating on a B2B model, Trax Technologies generates revenue mainly through subscription agreements for its services. Clients engage in long-term contracts tailored to their needs for freight auditing and data management. The company provides comprehensive solutions that include AI-driven analytics, promoting effective decision-making. Trax enables clients to manage transportation expenditures, reporting average savings of 5-7% on annual transportation costs.
This strategic acquisition in November 2025, strengthens Trax's position as the global leader in freight audit services and extends its capabilities across Europe while providing EM6's customers with enhanced technology, expanded geographic coverage, and deeper resources.
Current Investors
Strattam Capital
Primary Industry
Software
Sub Industries
Logistics & Distribution, Logistics Software, Analytics & Performance Software
Website
www.traxtech.com/
Verticals
Artificial Intelligence, FinTech, IoT (Internet of Things)
Company Stage
Buyout
Total Amount Raised
Subscriber access only
Trax Group Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | EM6 Worldwide | - | ||||||||
| Private Debt | Completed | Trax Group Inc. | - | ||||||||
| Merger | Completed | Veraction, LLC | - | ||||||||
| Secondary Buyout | Completed | Trax Group Inc. | - |
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