Tracktile, a Charlottetown, Prince Edward Island, Canada-based SaaS startup empowering manufacturers with complete visibility into their operations, closed its $575k pre-seed financing round.
The round was led by BDC Capital’s Seed Venture Fund and Island Capital Partners, with participation from the New Brunswick Innovation Fund.
The company intends to use the funds to accelerate its product development, expand its team, and scale its operations.
Led by Jordan Rose, CEO, and Jarred Kenny, CTO, Tracktile provides a cloud-based manufacturing software platform tailored specifically for the food and beverage industry with plans to move to other manufacturing verticals. The platform, which includes enterprise solutions for established or growing businesses and Tracktile Essentials for small businesses and startups, provides comprehensive solutions for inventory management, production planning, and real-time operational visibility with data analysis. By automating data collection and offering configurable reporting and smart hardware integration, Tracktile helps manufacturers streamline their processes, reduce costs and make more money.
FinSMEs
01/08/2024