How Much Did Track Group Raise?
Funding & Key Investors

Track Group, a company specializing in location tracking devices and related software solutions, has secured $350K in total funding, with a recent strategic investment of $350K announced on May 11, 2020. This significant capital infusion underscores the company's established presence and ongoing development in the tracking technology sector.

What is Track Group?

Track Group
ManufacturingTest & Measurement EquipmentNetworking Software

Established in 1995 and headquartered in Naperville, Illinois, Track Group designs, manufactures, and markets advanced location tracking devices. The company's offerings extend to a comprehensive suite of related software, services, and accessories, encompassing networking solutions and monitoring applications. Track Group operates within the competitive landscape of IoT and asset tracking, providing critical technology for various industries.

How much funding has Track Group raised?

Track Group has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Track Group

PPP

Public-Private Partnership

What's next for Track Group?

With a history of securing substantial capital, including a major strategic investment in May 2020, Track Group is positioned for continued expansion and technological advancement. The company's late-stage funding context suggests a focus on scaling operations, enhancing product development, and potentially exploring new market verticals. Future growth will likely involve leveraging its established expertise in location tracking to meet evolving market demands for real-time data and connectivity solutions.

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Frequently Asked Questions Regarding Track Group Financial Insights

What are the most recent funding rounds that Track Group has completed, and what were the funding rounds?
Track Group has recently completed 1 funding rounds: Debt on May 11, 2020.
What is the total amount of funding Track Group has raised to date?
Track Group has raised a total of $350K in funding to date.
How many funding rounds has Track Group completed?
Track Group has completed 1 funding rounds.
How much funding did Track Group raise in its most recent funding round?
Track Group raised $350K in its most recent funding round.
Who are the lead investors in Track Group's latest funding round?
The lead investor in Track Group's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Track Group's history?
The largest funding round in Track Group's history was $350K.
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