Tray.io

Tray.io

Automation and integration platform for businesses

About

Tray.io provides a platform called the Universal Automation Cloud that helps businesses automate and integrate their processes. This platform is designed to be easy to use for everyone, whether they are skilled coders or prefer low-code options. It allows companies to connect various systems, whether they are in the cloud or on-premises, to improve efficiency and productivity. Tray.io operates on a subscription model, where businesses pay a recurring fee to access features like role-based access control, data encryption, and process analytics. A unique feature of the platform is Merlin, which enables users to execute business processes using natural language instructions, saving time compared to traditional methods. Tray.io prioritizes data security and scalability, ensuring that sensitive information is protected and that the platform can grow with the needs of the business.

Company Stage

Series C

Employees

51-200

Industries

Enterprise Software, AI & Machine Learning

Total Funding

$150M

Headquarters

San Francisco, California

Founded

2012


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Simplify's Take

What believers are saying

  • Tray.io is recognized as a Visionary in the 2024 Gartner Magic Quadrant for iPaaS.
  • Partnership with AWS enhances Tray.io's market reach and credibility.
  • Growing demand for low-code platforms boosts Tray.io's market potential.

What critics are saying

  • Emerging competitors like Knit could threaten Tray.io's market share.
  • Rapid AI advancements may pressure Tray.io to continuously innovate.
  • High client expectations for AI-augmented API management could strain resources.

What makes Tray.io unique

  • Tray.io offers a low-code platform for automating complex business processes.
  • Merlin AI enables natural language automation, enhancing user experience and efficiency.
  • Tray.io's platform supports integration across cloud, on-premises, and partner ecosystems.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-4%

2 year growth

-34%

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