Trim
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Trim - overview
Established
2015
Location
San Francisco, CA, US
Primary Industry
Financial Services
About
Trim is a technology company focused on enhancing operational efficiency through innovative software solutions designed for various sectors, including manufacturing, logistics, and healthcare. Trim, founded in 2015 in San Francisco, US, specializes in developing software that streamlines business processes for medium to large enterprises. The founders, Citra Andika, Jaqueline Trinta, Thomas Smyth, and Varun Annadi, have previously led other ventures. In July 2016, Trim raised USD 2.
2 million in a Seed funding round led by Eniac Ventures, with participation from Core Innovation Capital, Sound Ventures, and Version One Ventures, bringing the total amount raised to USD 2. 2 million. Trim develops a comprehensive software platform aimed at optimizing resource management and improving data analytics capabilities. It integrates with existing systems to automate routine tasks, thereby enhancing productivity and reducing costs for users in various industries, including manufacturing, logistics, and healthcare.
The products are marketed primarily in North America, Europe, and select Asia-Pacific regions, focusing on medium to large enterprises. The company operates on a subscription-based revenue model, offering clients continuous access to its software platform, regular updates, and customer support through annual contracts. This structure enables predictable revenue streams while accommodating scalability. Pricing plans are tiered based on organization size and user numbers, allowing flexibility for diverse clients.
Additional revenue comes from consulting services that help clients maximize the software's value, especially in high-demand sectors. Trim plans to leverage its recent funding from July 2016 to expand its product offerings and enter new markets. The company is designing upcoming software solutions aimed at enhancing operational efficiency, with a focus on product launches scheduled for late 2023. Additionally, Trim aims to enter new geographic markets, specifically targeting Europe and the Asia-Pacific region for expansion by 2024.
Current Investors
Eniac Ventures, Core Innovation Capital, Version One Ventures
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.asktrim.com
Verticals
FinTech, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.