TrackingPoint

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TrackingPoint - overview

Established

2011

Location

Austin, TX, US

Primary Industry

Hardware

About

TrackingPoint is a technology-focused company specializing in precision optics and firearms, particularly known for their innovative smart scope technology that enhances shooting accuracy for a wide range of users. Founded in 2011 and headquartered in Austin, US, TrackingPoint specializes in advanced precision optics technology. The company has raised a total of USD 5. 01 mn in funding through 6 deals, with the most recent round being a Series D in August 2014 led by Austin Ventures.


The founder's history is not disclosed, and there are no mentions of subsidiaries or pivots in the business strategy. TrackingPoint specializes in advanced precision optics technology, with its flagship product being the TrackingPoint Firearm. This firearm incorporates innovative technology that significantly enhances shooting capabilities, enabling users to achieve greater accuracy than traditional methods. The system features a smart scope with automatic targeting and ballistic calculations, making it suitable for both amateur and professional marksmen.


In addition to firearms, TrackingPoint offers complementary products such as firearm attachments, ammunition, and apparel, targeting individual enthusiasts, recreational shooters, and professionals in the United States and international markets. TrackingPoint generates revenue through direct-to-consumer sales of its TrackingPoint Firearm and associated accessories via its online platform. Pricing varies based on specifications and features, with a focus on delivering high-quality products that enhance the shooting experience and foster customer loyalty. As of the latest funding round in August 2014, TrackingPoint plans to utilize the USD 5.


01 mn raised to support the development of new products and expansion into new markets. Specific details on upcoming product launches or geographic targets are not disclosed.


Current Investors

Austin Ventures, Goff Capital, Inc., McHale Labs

Primary Industry

Hardware

Sub Industries

Defence, Hardware, Analytics & Performance Software

Website

www.tracking-point.com

Company Stage

Series D

Total Amount Raised

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