Trax Technologies, an Irving, Texas-based global transportation spend management and payments company serving global shippers with logistics ecosystems, received debt financing from Accel-KKR Credit Partners.
The financing will support Trax’ next stage of growth.
Led by Hamp Wall, CEO, Trax is a global leader in Transportation Spend Management solutions combining cloud-based applications with expert services to allow customers to manage and control their global transportation costs and drive enterprise-wide efficiency. With a global footprint spanning North America, Latin America, Asia and Europe, the company delivers data-based visibility and insights, savings and control of transportation spend for shippers and 3PLs/4PLs of all sizes. The company serves some of the world’s largest and most sophisticated supply chains within technology, retail, consumer goods, life sciences, industrial manufacturing and 3PL/4PL segments.
Trax is backed by technology investors such as Strattam Capital and Spire Capital.
Accel-KKR Credit Partners is a credit fund managed by Accel-KKR, a global software-focused investment firm headquartered in Silicon Valley.
FinSMEs
30/08/2021