Traptic Overview
- Year Founded
-
2016
- Status
-
Acquired/Merged
- Employees
-
11
- Latest Deal Type
-
M&A
Traptic General Information
Description
Developer of farming robots designed to harvest delicate crops. The company's robots augment human labor in strawberry fields by picking strawberries alongside human labor to help fill a gap in the labor market and also assist in making the picking process efficient, enabling farmers to raise and pluck strawberries promptly and cost-effectively.
Contact Information
Website
www.traptic.com(Operating Subsidiary)
Corporate Office
- 1925 Cambridge Drive
- Mountain View, CA 94043
- United States
Corporate Office
- 1925 Cambridge Drive
- Mountain View, CA 94043
- United States
Traptic Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 11-Feb-2022 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 01-Jan-2019 | Completed | Generating Revenue | |||
| 1. Seed Round | 11-Sep-2017 | $3.4M | $3.4M | Completed | Generating Revenue |
Traptic Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | ||||||||
| Seed-1 | ||||||||
| Seed | 2,741,603 | $0.000100 | $0.15 | $0.15 | 1x | $0.15 | 13.18% |
Traptic Signals
Traptic Former Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Collaborative Fund | Venture Capital | Minority | ||
| Homebrew Management | Venture Capital | Minority | ||
| K9 Ventures | Venture Capital | Minority | ||
| Sinovation Ventures | Venture Capital | Minority | ||
| Valley Oak Investments | Family Office | Minority |
Traptic FAQs
-
When was Traptic founded?
Traptic was founded in 2016.
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Where is Traptic headquartered?
Traptic is headquartered in Mountain View, CA.
-
What is the size of Traptic?
Traptic has 11 total employees.
-
What industry is Traptic in?
Traptic’s primary industry is Machinery (B2B).
-
Is Traptic a private or public company?
Traptic is a Private company.
-
What is Traptic’s current revenue?
The current revenue for Traptic is .
-
How much funding has Traptic raised over time?
Traptic has raised $8.4M.
-
Who are Traptic’s investors?
Collaborative Fund, Homebrew Management, K9 Ventures, Sinovation Ventures, and Valley Oak Investments are 5 of 6 investors who have invested in Traptic.
-
When was Traptic acquired?
Traptic was acquired on 11-Feb-2022.
-
Who acquired Traptic?
Traptic was acquired by Bowery (Agriculture).
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