Log in
Enquire now
Tropic

Tropic

Tropic is a technology company that has a procurement platform.

OverviewStructured DataIssuesContributors

Contents

tropicapp.io
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Software as a service (SaaS)
Software as a service (SaaS)
Procurement
Procurement
Location
New York
New York
New York City
New York City
CEO
David Campbell
David Campbell
Founder
Justin Etkin
Justin Etkin
David Campbell
David Campbell
Date Incorporated
July 19, 2019
Number of Employees (Ranges)
51 – 200
Email Address
info@tropicapp.io
Phone Number
+18009816303
Full Address
28 West 25th Street, Floor 11 New York, NY 10010
Place of Incorporation
Delaware
Delaware
Investors
Jason Finger
Jason Finger
William Hockey
William Hockey
Shine Capital
Shine Capital
Scott Belsky
Scott Belsky
Zach Weinberg
Zach Weinberg
Company Ventures
Company Ventures
Shine
Shine
Founder Collective
Founder Collective
...
Founded Date
May 28, 2019
0
Total Funding Amount (USD)
67,100,000
42,100,000
Latest Funding Round Date
February 14, 2022
Competitors
Mesh Payments
Mesh Payments
Vendr
Vendr
Airbase (company)
Airbase (company)
Torii (company)
Torii (company)
BetterCloud
BetterCloud
Sastrify
Sastrify
Glassdoor ID
5039562
Latest Funding Type
Series B
Series B
COO
Justin Etkin
Justin Etkin
Country
United States
United States

Other attributes

Blog
tropicapp.io/blog
Latest Funding Round Amount (USD)
40,000,000
Overview

Tropic is a New York-based company that has developed a software as a service (SaaS) procurement platform that can be utilized by companies to manage their software purchases. It was founded in 2019 and operated in stealth mode until 2020. Notable clients that have utilized the Tropic platform include Loom, DocuSign, and Nextdoor.

Product

The Tropic platform has several features to aid customers with managing the software that is used at their company. There is a discover feature that enables customers to find new vendors, and once the customer is interested in adding that software to the company stack, Tropic has an assisted purchasing feature that gives the customer end-to-end software procurement services. Another feature includes one for purchasing requests, which creates a standardized process that can be used across teams for both purchasing and renewing software.Clients can also use the platform to manage their contracts with software that they currently use so that renewal dates are not missed.

Tropic Landing Page

Tropic Landing Page

Pricing

The cost to use the platform depends on how much the client spends on software annually. For example, if a client is spending between $250,000 and $1,000,000 on software annually, Tropic would cost the company approximately $3,750 per month. Prices are available on Tropic's website.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

SaaS Platform Tropic Raises $40M

https://www.pymnts.com/news/investment-tracker/2022/saas-procurement-platform-tropic-raises-40m-to-expand-its-products/

Web

February 15, 2022

Tropic Announces New Executive Hires to Support the Rapid Growth of Its All-In-One SaaS Procurement Platform

AIT News Desk

https://aithority.com/saas/tropic-announces-new-executive-hires-to-support-the-rapid-growth-of-its-all-in-one-saas-procurement-platform/

Web

August 26, 2022

Tropic picks up $25M to streamline software procurement experiences

Christine Hall

https://techcrunch.com/2021/08/16/tropic-picks-up-25m-to-streamline-software-procurement-experiences/

Web

August 16, 2021

References

Find more companies like Tropic

Use the Golden Query Tool to find similar companies in the same industry, location, or by any other field in the Knowledge Graph.
Open Query Tool
Access by API
Golden Query Tool
Golden logo

Company

  • Home
  • Press & Media
  • Blog
  • Careers
  • WE'RE HIRING

Products

  • Knowledge Graph
  • Query Tool
  • Data Requests
  • Knowledge Storage
  • API
  • Pricing
  • Enterprise
  • ChatGPT Plugin

Legal

  • Terms of Service
  • Enterprise Terms of Service
  • Privacy Policy

Help

  • Help center
  • API Documentation
  • Contact Us
By using this site, you agree to our Terms of Service.