Tray
Financials
Estimates*
EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 4.8m | 15.0m | 29.4m | 36.2m | 41.5m | 41.5m |
% growth | - | 214 % | 96 % | 23 % | 15 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
$600k | Seed | ||
N/A | Seed | ||
* | $2.2m | Seed | |
* | €4.6m | Series A | |
$5.0m | Series A | ||
* | $14.3m | Series A | |
$37.0m | Series B | ||
$50.0m Valuation: $600m | Series C | ||
N/A | Late VC | ||
* | $40.0m Valuation: $600m | Series C | |
Total Funding | €140m |
Related Content
Recent News about Tray
EditTray.io is a technology startup that operates in the automation and integration market. The company offers a platform known as the Universal Automation Cloud, which is designed to streamline and automate business processes. This platform is designed to be user-friendly and accessible to a wide range of users, from those who are proficient in coding to those who prefer low-code solutions.
Tray.io's primary clients are businesses looking to improve their efficiency and productivity through automation. The platform is versatile and can be used for in-house solutions or commercial Software as a Service (SaaS) applications. It offers a multitude of connectivity options, allowing businesses to integrate systems that are in the cloud, on-premises, or spread across their customer and partner ecosystem.
The company's business model is based on a subscription service, where clients pay a recurring fee to access the platform and its features. This includes features like role-based access control, encryption at rest, single sign-on, compliance for sensitive data, big data processing, and multi-layered process analytics.
Tray.io's platform also includes a feature named Merlin, which allows users to complete business processes using natural language instructions. This feature is designed to save businesses significant amounts of time compared to traditional methods.
In terms of security, Tray.io ensures that sensitive data is secure and critical systems are protected. The platform is designed to scale on-demand with elastic infrastructure, allowing businesses to confidently drive their integration strategy.
Keywords: Automation, Integration, Low-Code, SaaS, Subscription Model, Business Efficiency, Connectivity, Natural Language Processing, Data Security, Scalability.