Tropic
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Tropic

https://tropicapp.io/
Last activity: 07.06.2023
Active
Categories: B2BInformationITLogisticsSaaSServiceSoftwareSupplyTechnologyTime
Buy software the easy way.
Likes
75
Followers
115
Website visits
34.2K /mo.
Mentions
20
Location: United States, New York
Employees: 51-200
Total raised: $67.1M
Founded date: 2019

Investors 6

Funding Rounds 3

DateSeriesAmountInvestors
15.02.2022Series B$40MInsight Pa...
16.08.2021Series A$25MCanaan Par...
13.04.2020Seed$2.1M-

Mentions in press and media 20

DateTitleDescription
08.12.2022Truebill For SaaS: How Businesses Are Taking Control Of Their Software SubscriptionsTransforming procurement for a world that runs on software. CEO & cofounder of Tropic.
05.07.2022Why You Can’t Afford DIY Procurement In A DownturnTransforming procurement for a world that runs on software. CEO & Co-Founder of Tropic.
27.06.2022Right-size your tech stack to withstand the downturnDavid Campbell Contributor Share on Twitter David Campbell is the CEO and co-founder of Tropic, an infrastructure platform that helps companies better optimize SaaS purchasing. With a recession looming and economic headwinds showing no sign...
21.06.2022Strategic Technology Cost Optimization for Long-Term GrowthOptimizing technology costs has always been an ongoing priority for CxOs. In 2022, it shifted from virtue to necessity for preserving at least two years of runway. Consequently, technology and finance leaders will find ways to strategicall...
15.02.2022Tropic Raises $40M in Series B FundingTropic, a New York-based SaaS software procurement platform provider, raised $40M in Series B funding. The round was led by Insight Partners. The company intends to use the funds to further accelerate growth, expand its global footprint, bu...
15.02.2022Tropic takes in more capital as demand for software procurement savings continuesGlobal spend on enterprise software was expected to reach $599 billion by the end of 2021, and new forecasts say it is now projected to grow 11.5% year over year to nearly $700 billion in 2022. The average company can have more than 100 sof...
15.02.2022Tropic Raises $40M Series B with Insight Partners to Replace Legacy Software Procurement PlatformsNEW YORK, Feb. 15, 2022 /PRNewswire/ -- Tropic, the cutting-edge SaaS software procurement platform, today announced that it has raised $40 million in a Series B round led by New York-based global private equity and venture capital firm Ins...
17.08.2021TechCrunch: Tropic picks up $25M to streamline software procurement experiences-
17.08.2021Tropic Raises $25Million To Make Software Procurement A One-Click ExperienceSaaS Platform of Record Surpasses $250 Million in Managed Spend, Adds 60+ Customers in Last 12 Months Tropic, the platform of record for SaaS, confirmed $25 million in new funding from Canaan Partners, with participation from Founder Collec...
17.08.2021Daily funding roundup - August 16th, 2021Innovusion raised $66M; BrainIQ landed $40M; Baffle secured $20M Divvy Homes: Divvy Homes is a San Francisco-based proptech startup that buys homes that it then rents back to their would-be purchasers. Divvy Homes has raised $200 million in...
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