Trifo Inc.

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Trifo Inc. - overview

Established

2016

Location

Santa Clara, CA, US

Primary Industry

Software

About

Trifo Inc. specializes in innovative software solutions aimed at enhancing operational efficiency and customer engagement for businesses across various sectors. Founded in 2016 and headquartered in Santa Clara, US, Trifo Inc. develops software that optimizes business workflows.


The company was co-founded by Zhe Zhang, who has a background in technology ventures. In January 2020, Trifo raised USD 15 mn in Series B funding to expand its operational capabilities and product offerings. Trifo Inc. provides a diverse range of software applications designed to enhance operational efficiency and customer engagement.


Their main product, launched in 2020, focuses on streamlining processes, reducing costs, and facilitating better decision-making for clients in industries like e-commerce, healthcare, and financial services. The company serves a global clientele, including small to medium-sized enterprises (SMEs) and large corporations across North America, Europe, and Asia-Pacific. Trifo's revenue model combines subscription services and direct sales, with clients engaging through annual subscriptions for their flagship software. This model enables tiered access based on user numbers and features, generating revenue from new subscriptions and upselling additional services, thus fostering long-term client relationships.


Trifo Inc. plans to utilize its recent Series B funding of USD 15 mn to expedite product development and enter new markets. The company aims to launch additional software solutions in 2021 and expand into the European and Asian markets by 2022. The funding will support these initiatives, ensuring they can enhance their offerings and reach a broader clientele.


Current Investors

Matrix Partners, Walden Catalyst, Samsung Venture Investment

Primary Industry

Software

Sub Industries

Consumer Electronics, Hardware, Analytics & Performance Software, Monitoring & Security Software

Website

http://www.trifo.com

Verticals

Artificial Intelligence, IoT (Internet of Things)

Company Stage

Series B

Total Amount Raised

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