How much funding has Tropic raised?

Tropic has raised $67.1M in total funding, most recently a series b round.

Who are Tropic's investors?

Tropic's investors include Founder Collective, Insight Partners, Canaan Partners, Craft Ventures, Company Ventures, Shine Capital.

Where is Tropic headquartered?

Tropic is headquartered in New York, New York, United States.

Tropic

Making Technology a Buyer's Market

New York, United States · Founded 2019 · $67.1M raised

Fintech

Headquarters: New York, New York
Employees: 201–500
Founded: 2019
Business Model: B2B

Website: tropicapp.io
Total Funding: $67.1M
Last Round: $40.0M Series BFeb 2022
Rounds: 3

About

Tropic is an intelligent spend management platform that helps finance and procurement teams gain visibility and control over software purchasing. It combines robust spend management capabilities — including contract management, renewal workflows, and purchase order automation — with unbiased supplier intelligence such as price benchmarks and negotiation playbooks. Founded in 2019 by David Campbell and Justin Etkin, Tropic manages over $18B in software spend for 500+ customers and has delivered $380M+ in documented savings.

Summary

Tropic is a Fintech company based in New York, United States, founded in 2019. It has raised $67.1M in total across 3 rounds, most recently a $40.0M Series B round in Feb 2022. Investors include Founder Collective, Insight Partners and Canaan Partners.