Series B · Industrial tech
Tractian raises $45m Series B for industrial asset monitoring
General Catalyst leads the growth investment, joined by Next47 and three strategic angels.
Tractian announced $45m in growth capital on August 7, 2023, in a Series B led by General Catalyst. Existing investor Next47 participated alongside strategic angels Ronan de Hooge, Ron Gill and Andy McCall.
Its sensors and software monitor industrial machinery and help maintenance teams diagnose problems before a breakdown. The capital supports technology development and the expansion of customer operations as Tractian broadens adoption of its monitoring platform.
Use of funds
Develop industrial monitoring technology and expand customer operations
Funding history
Series B · This round$45M