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Overview
Thingtrax provides a SaaS platform that digitizes manufacturing floors by connecting machines, workers, and robotics with IoT sensors, AI, and cloud analytics. It offers real-time dashboards to monitor metrics like OEE, a collaboration suite for daily management, and a Vision AI that records manual processes. The system deploys quickly in diverse factories and is delivered on a subscription basis. Its strengths include end-to-end coverage of machines, processes, and people, supported by Microsoft and Intel partnerships, helping manufacturers improve efficiency, cut costs, and reduce waste through continuous improvement.
About Thingtrax
Industries
Data & Analytics
Industrial & Manufacturing
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Seed
Total Funding
$9.2M
Headquarters
London, United Kingdom
Founded
2015
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Simplify's Take
What believers are saying
- Thingtrax’s careers pages in 2026 show active hiring across the UK and Lahore.
- Its January 2026 about page says leading food and beverage brands trust the product.
- The August 2026 LinkedIn and website updates show an active, maintained commercial presence.
What critics are saying
- Thingtrax’s 2026 focus on food and beverage narrows the addressable market sharply.
- The 2025-2026 implementation hiring signals heavy deployment complexity and customer-service burden.
- Siemens, Rockwell, and AVEVA bundle adjacent tools, compressing standalone pricing by 2027.
What makes Thingtrax unique
- Thingtrax’s 2026 platform uses modular AI agents with no line changes required.
- It targets food and beverage factories with counting, quality inspection, and label verification.
- Its system combines cameras, sensors, and real-time OEE in one manufacturing workflow.
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Funding
Total Funding
$9.2M
Below
Industry Average
Funded Over
5 Rounds
Industry standards
Benefits
Health Insurance
Gym Membership
Paid Holidays
Performance Bonus
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 4%2 year growth
↑ 1%So far, ThingTrax has partnered with various reputable companies such as Berry, Carclo, Silafrica, and Desch Plantpak.
Bullnet Capital and CDTI have led a €10 million investment in Wooptix, a Spanish developer of technology to capture and process the entire light spectrum.
Thingtrax, a London, UK-based provider of a SaaS-based manufacturing performance platform, raised £4.3M in Pre-Series A funding.
Thingtrax, a London-based software-as-a-service manufacturing performance platform, has raised £4.3 million in a pre-Series A round. The funding will
IoT SaaS startup Thingtrax has raised £4.3 million in a Pre-Series A round co-led by Concentric, Superseed and Puma Private Equity.
Thingtrax is Hiring for 4 Jobs on Simplify!
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About Thingtrax
Industries
Data & Analytics
Industrial & Manufacturing
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Seed
Total Funding
$9.2M
Headquarters
London, United Kingdom
Founded
2015
Thingtrax is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today