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Trace

Trace

Private
San Francisco, CaliforniaEnterprise Softwarehttps://www.trace.so/

Last Round

Seed

Feb 26, 2026

Total Funding Raised

$3.5M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Trace is an artificial intelligence company that provides a workflow orchestration platform designed to route tasks to the right human or AI agent.

Sector

Enterprise Software

Verticals

Workflow Automation, NLP & Conversational AI, Data Integration, Project Management, Low-Code/No-Code

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Application

Keywords

workflow orchestrationAI agentagentic workflowworkflow automationAI agentstask automationenterprise automationno-code automationbusiness process automationBPAcontext engineAI agent securitySaaS workflowdata integrationCompanyOS

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

Trace Comparables

Compare Trace with similar companies based on industry and business-model similarity.

Trace comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Lutra AI
82%
Gumloop
80%
Celonis
77%

Trace Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedFeb 26, 2026
AcceleratorAug 1, 2025

Trace Investors

Notable investors and investment history

Trace investors
InvestorRounds
Formosa CapitalSeed
Goodwater CapitalSeed
Transpose Platform ManagementSeed
Zeno VenturesSeed
Y CombinatorSeed, Accelerator

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 26, 2026

    $3M raised from Formosa Capital and Goodwater Capital.

Trace Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Trace Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Trace's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range-
Year Founded2025
Last FundingFeb 26, 2026

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