IoT Tracking Startup Tag-n-Trac Grabs $10 Million in Funding


Tracking startup Tag-n-Trac Inc. this week launched out of stealth with $10 million in funding through an Series A round led by Dell Technologies.  Other participants include Merck Global Innovation Fund and Aerosafe Global also participating.

Tag-n-Trac Grabs $10 Million in Funding (Photo: Tag-n-Trac).

Tag-n-Trac is going after the logistics market with Bluetooth and cellular smart label technologies.  Customers include supply chain partners with inroads into multi-modal third-party logistics, enterprise resource planning, business intelligence software providers, and packaging and labeling manufacturers.

Founded in 2020, Tag-n-Trac has raised $11.8 million overall, according to Crunchbase.

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