ThoughtTrace Overview

  • Year Founded
  • 1990

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 60

Employees

  • Latest Deal Type
  • M&A

ThoughtTrace General Information

Description

Developer of a document understanding platform intended to access critical insights from documents in real-time. The company's platform uses a combination of AI and machine learning algorithms to help enterprises review and validate critical information in existing contracts and legal documents, enabling clients to apply context to content, replace ambiguity with clarity, and provide understanding even in the absence of structure.

Contact Information

Website
www.thoughttrace.com
Formerly Known As
Agile Upstream, Agile Upstream Group
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 33126 Magnolia Circle
  • Suite B
  • Magnolia, TX 77354
  • United States
Primary Industry
Business/Productivity Software
Acquirer
Thomson Reuters
Vertical(s)
Big Data, SaaS, Artificial Intelligence & Machine Learning, FinTech
Corporate Office
  • 33126 Magnolia Circle
  • Suite B
  • Magnolia, TX 77354
  • United States

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ThoughtTrace Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 14-Apr-2022 Completed Generating Revenue
2. Later Stage VC (Series B) 20-May-2020 Completed Generating Revenue
1. Later Stage VC (Series A) 13-Jun-2017 $6M $6M Completed Generating Revenue
To view ThoughtTrace’s complete valuation and funding history, request access »

ThoughtTrace Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B-1
Series B
Series A 6,277,400 $0.001000 $1 $1 1x $1 30.65%
To view ThoughtTrace’s complete cap table history, request access »

ThoughtTrace Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a document understanding platform intended to access critical insights from documents in real-time. The com
Business/Productivity Software
Magnolia, TX
60 As of 2022

Bellevue, WA
 

London, United Kingdom
 
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ThoughtTrace Competitors (53)

One of ThoughtTrace’s 53 competitors is Icertis, a Venture Capital-Backed company based in Bellevue, WA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Icertis Venture Capital-Backed Bellevue, WA
ThoughtRiver Venture Capital-Backed London, United Kingdom
Exterro Private Equity-Backed Portland, OR
iManage Private Equity-Backed Chicago, IL
Kira Systems Private Equity-Backed Toronto, Canada
You’re viewing 5 of 53 competitors. Get the full list »

ThoughtTrace Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • 1

    Granted

  • 1

    Pending

  • Expiring in next 12 mo

ThoughtTrace Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220164714-A1 Generating and modifying ontologies for machine learning models Pending 20-Nov-2020
US-11226720-B1 Natural language processing system and method for documents Active 03-Feb-2017

ThoughtTrace Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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ThoughtTrace Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Altira Group Venture Capital Minority
Chevron Technology Ventures Corporate Venture Capital Minority
McRock Capital Venture Capital Minority
To view ThoughtTrace’s complete investors history, request access »

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ThoughtTrace FAQs

  • When was ThoughtTrace founded?

    ThoughtTrace was founded in 1990.

  • Where is ThoughtTrace headquartered?

    ThoughtTrace is headquartered in Magnolia, TX.

  • What is the size of ThoughtTrace?

    ThoughtTrace has 60 total employees.

  • What industry is ThoughtTrace in?

    ThoughtTrace’s primary industry is Business/Productivity Software.

  • Is ThoughtTrace a private or public company?

    ThoughtTrace is a Private company.

  • What is ThoughtTrace’s current revenue?

    The current revenue for ThoughtTrace is .

  • How much funding has ThoughtTrace raised over time?

    ThoughtTrace has raised $16M.

  • Who are ThoughtTrace’s investors?

    Altira Group, Chevron Technology Ventures, and McRock Capital have invested in ThoughtTrace.

  • Who are ThoughtTrace’s competitors?

    Icertis, ThoughtRiver, Exterro, iManage, and Kira Systems are some of the 53 competitors of ThoughtTrace.

  • When was ThoughtTrace acquired?

    ThoughtTrace was acquired on 14-Apr-2022.

  • Who acquired ThoughtTrace?

    ThoughtTrace was acquired by Thomson Reuters.

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