Datatrac Corporation
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Datatrac Corporation - overview
Established
1977
Location
Alpharetta, GA, US
Primary Industry
Software
About
Datatrac Corporation is a US-based provider of cloud-based logistics solutions that enhance operational efficiency for logistics companies, including couriers and freight forwarders, through innovative software offerings. Founded in 1977 and headquartered in Alpharetta, US, Datatrac Corporation specializes in logistics software solutions. The company operates without known parent or subsidiary relationships. The CEO, Henry Dixon, leads the firm which successfully completed its most recent funding round on April 5, 2023, as part of a deal where Valsoft Corporation Inc.
acquired Datatrac Corporation to bolster its transportation and logistics business. Datatrac specializes in providing cloud-based logistics solutions that enhance efficiency for couriers, carriers, freight forwarders, and customs brokers. Their primary product, the DatatracWeb platform, offers real-time visibility and a suite of tools designed to streamline operations from warehouse management to final-mile delivery. The platform includes customizable features that tailor workflows and views based on specific employee roles or market segments.
Additionally, the Datatrac for Drivers mobile app empowers drivers with capabilities for real-time updates and order management, helping them stay connected and efficient during deliveries. The company's solutions cater to a diverse client base across North America and Europe, focusing on optimizing logistics processes for various industries that require reliable and timely delivery services. Datatrac's revenue model is primarily based on subscription fees for its software solutions, including DatatracWeb and the Datatrac for Drivers mobile app. Clients typically enter into subscription agreements that provide access to the platform's robust functionalities, with potential add-ons like document imaging services to enhance operational efficiency.
The offerings enable clients to track orders comprehensively, from entry through dispatch and invoicing, thereby creating a streamlined experience that can lead to improved customer satisfaction and loyalty. Following its acquisition by Valsoft Corporation Inc. on April 5, 2023, Datatrac plans to leverage this partnership to expand its market presence globally, strengthening its logistics solutions. The acquisition will support the development of new products and services tailored for specific market needs and enhance capabilities across existing platforms.
Current Investors
Valsoft Corporation Inc.
Primary Industry
Software
Sub Industries
Systems Management Software, Logistics Software
Website
www.datatrac.com
Verticals
Cloud Computing, Cloud Computing, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Datatrac Corporation - 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 | Datatrac Corporation | - |
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