Trace

Private

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

Last Round

Seed

Feb 26, 2026

Total Funding Raised

$3.5M

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

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Trace Comps

Public and private peers based on sector, stage, and business model.

Trace comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Trace Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Seed	Feb 26, 2026
Accelerator	Aug 1, 2025

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Trace Investors

Notable investors and investment history

Trace investors
Investor	Rounds
Formosa Capital	Seed
Goodwater Capital	Seed
Transpose Platform Management	Seed
Zeno Ventures	Seed
Y Combinator	Seed, Accelerator

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Trace Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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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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