Tractian secures $46.9M in a Series B round

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Tractian secured $46.9M in a Series B round, valuing the company at $204M. This investment was led by the General Catalyst Fund, with participation from existing investors DGF and Next47. Additionally, Monashees facilitated a further $10.2M in investment in the secondary market.

The investment will advance Tractian’s innovative Assisted Maintenance category.

Tractian specializes in AI-powered industrial operating systems, offering solutions in online machinery monitoring, energy management, and asset management for maintenance. 

Tractian has doubled its customer base across Brazil, Mexico, and the United States. The company serves a diverse clientele, with over 500 multinational customers and a presence in over a thousand industrial plants. Its clients include P&G, Unilever, Danone, Hyundai, GRU Airport, and São Paulo’s international airport.

Read more on startupi.

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