Tech Company Financing Transactions
Tropic Funding Round
Tropic closed a $25 million funding round on 8/17/2021. Investors included Canaan Partners, Founder Collective and Shine Capital.
Transaction Overview
Company Name
Announced On
8/17/2021
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its platform functionality to deliver more savings, streamlined workflows, and insights while expanding its ecosystem of integrations into existing procurement tools.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
335 Madison Ave. 3rd Floor
New York, NY 10173
USA
New York, NY 10173
USA
Phone
Undisclosed
Website
Email Address
Overview
Tropic is a martech concierge platform that makes vendor decisions simple and transparent. Marketers use Tropic to get the best possible marketing software with minimal effort. Instead of losing 12-15 hours of time on generic vendor sales calls during the discovery process, share your requirements once with Tropic.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records on this site are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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