Traction Technology

AI-Powered Enterprise Innovation Management

New York, United States · $775K raised

Headquarters
New York, New York
Employees
11–50
Business Model
B2B
Total Funding
$775K
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Traction Technology is an AI-powered enterprise innovation management platform that helps large Fortune 500 companies discover, evaluate, and manage emerging technology startups and vendors. Founded by Erick Schonfeld (former Editor-in-Chief of TechCrunch and DEMO conference producer) and Neal Silverman (former SVP/GM of DEMO), the company combines proprietary software with research services to accelerate corporate innovation programs. Traction's platform serves as a centralized system of record for technology scouting, pilot management, open innovation, and vendor solicitation across 45 industries. The company has completed over 10,000 projects and maintains a database of more than 1 million companies. It is SOC 2 Type II certified, Gartner-recognized, and featured in CIO.com. Traction is headquartered in New York.

Summary

Traction Technology is an Artificial Intelligence company based in New York, United States. It has raised $775K in total across 2 rounds. Investors include Neer Venture Partners.

Tech & App Stack

7 technologies & apps tracked

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Funding History

SeedSeed Round
$775K

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Funding, valuations, and company events, with amounts and investors where available.

Investors

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