Trace3, LLC

Trace3, LLC is a technology consulting firm that provides advanced IT strategy, AI integration, data analytics, cloud solutions, and managed IT services to enhance operational efficiency for clients in various industries. Trace3, LLC, founded in 2002 and headquartered in Irvine, US, is a technology consulting firm that focuses on IT strategy and managed services. In August 2018, Trace3 merged with Data Strategy, LLC, both entities backed by H. I.

G. Capital. This strategic move aimed to enhance their service capabilities in mobility, integration, and data intelligence. The CEO, Rich Fennessy, leads the company with extensive experience in technology leadership, although no prior founding details of his other ventures are available.

Trace3 offers a comprehensive suite of technology consulting services and solutions aimed at empowering organizations across various sectors, including government, healthcare, and financial services. The company specializes in IT strategy, AI integration, data analytics, cloud solutions, and managed IT services, catering to clients seeking to enhance operational efficiency and drive innovation. Their flagship offerings include the AI Data Readiness Accelerator, which helps organizations establish metrics for success in AI initiatives, and tailored cloud security solutions, including partnerships with major OEMs to leverage emerging technologies. Trace3 serves a diverse clientele, including federal and state government agencies, healthcare providers, and financial institutions, primarily in the United States and select international markets.

The organization’s approach is designed to address specific mission requirements and operational challenges, ensuring that clients can navigate the complexities of the modern technology landscape. Trace3's revenue is generated through a variety of structured transactions, including managed services, staff augmentation, and project execution, with a focus on B2B engagements. The company engages in long-term partnerships with its clients, enabling them to leverage technology solutions tailored to their unique challenges. These partnerships often involve recurring revenue models, such as subscription-based services for ongoing IT support and consulting engagements.

Specific pricing for services is determined based on the scope of work and the particular technology solutions provided, ensuring that clients receive tailored offerings to meet their needs. Notably, Trace3’s expertise in AI and cloud solutions positions it as a leader in delivering value to its clients, enhancing both efficiency and competitive advantage within their respective markets. Following the merger with Data Strategy, LLC in August 2018, Trace3 plans to leverage the expanded capabilities to enhance its offerings in mobility, integration, and managed services. The company aims to introduce new products that improve security and cloud capabilities by the end of 2023, targeting expansion into international markets, particularly in Europe and Asia by 2025.

In August 2025, Apollo Global Management, agreed to acquire Trace3 / Data Strategy from American Securities. Financial terms were not disclosed.