Tropic
PrivateLast Round
Series B
Feb 15, 2022
Total Funding Raised
$67.1M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Tropic is a business and productivity software company that provides an AI-powered procurement platform designed to streamline software and SaaS vendor management, contract tracking, and spend optimization.
Sector
Enterprise Software
Verticals
Accounting & Expense, Business Intelligence, Vertical SaaS, Workflow Automation
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Tropic Comparables
Compare Tropic with similar companies based on industry and business-model similarity.
Tropic Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Feb 15, 2022 | ||||
| Series A | Aug 16, 2021 | ||||
| Seed | Apr 10, 2020 |
Key People
Founding team and executive leadership
Tropic Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Human Capital | Series B |
| Founder Collective | Series A, Seed |
| Company Ventures | Seed |
| Company Ventures | Seed |
| Shine Capital | Series A |
| Canaan Partners | Series A |
| Insight Partners | Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 1, 2026
Now managing over $20B in spend data.
- Mar 1, 2026
Zendesk disclosed as a new customer.
Tropic Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Tropic's valuation, stock price, and market status.