TRAC logo

TRAC

North America, California, United States, San Francisco

Description

Third Round Analytics Capital (TRAC) is a San Francisco-based quantitative venture capital firm established in 2019, specializing in early-stage investments. The firm distinguishes itself through a data-driven approach, leveraging collective intelligence, advanced mathematics, and common sense to identify nascent companies with the potential to become "unicorns." TRAC primarily targets Seed and Early Stage ventures, focusing on sectors such as AI, SaaS, Fintech, Deep Tech, and the Future of Work. Their investment philosophy centers on uncovering high-growth opportunities by analyzing vast datasets and applying sophisticated analytical models, aiming to minimize traditional biases in venture capital decision-making.

Investor Profile

TRAC has backed more than 82 startups, with 4 new investments in the last 12 months alone. The firm has led 3 rounds, about 4% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Turkey.
  • Strong thematic focus on Software, Artificial Intelligence (AI), SaaS.
  • Typical check size: $500K – $1.5M.

Stage Focus

  • Seed (48%)
  • Series Unknown (22%)
  • Pre Seed (13%)
  • Series A (7%)
  • Series B (7%)
  • Convertible Note (1%)
  • Series C (1%)

Country Focus

  • United States (95%)
  • United Kingdom (1%)
  • Turkey (1%)
  • Canada (1%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Saas
  • Information Technology
  • Fintech
  • Machine Learning
  • Financial Services
  • Aerospace
  • Generative Ai
  • Manufacturing
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does TRAC frequently co-invest with?

Bossa Invest
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 7
Soma Capital
North America, California, United States, San Francisco
Co-Investments: 7
Leonis Capital
North America, California, United States, San Francisco
Co-Investments: 3
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 7
Samsung NEXT
North America, California, United States, Mountain View
Co-Investments: 3
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 25
Pioneer Fund
North America, California, United States, San Francisco
Co-Investments: 13
Unpopular Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Rebel Fund
North America, California, United States, Calabasas
Co-Investments: 12
Goodwater Capital
North America, California, United States, Burlingame
Co-Investments: 6

Which angels does TRAC often collaborate with?

Shared Deals: 1
CG
North America, California, United States, San Francisco
Shared Deals: 1
AF
North America, California, United States, San Francisco
Shared Deals: 3
AR
North America, California, United States
Shared Deals: 2
MB
Europe, Cambridgeshire, United Kingdom, Cambridge
Shared Deals: 2
BS
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
AA
North America, California, United States, San Francisco
Shared Deals: 1
CS
North America, Washington, United States, Kirkland
Shared Deals: 2
BV
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1
PG
North America, California, United States, Mountain View
Shared Deals: 1

What are some of recent deals done by TRAC?

TaxGPT

San Francisco, California, United States

TaxGPT uses artificial intelligence and tax information to automate tax filing.

Artificial Intelligence (AI)FinTechTax Preparation
SeedFeb 6, 2025
Amount Raised: $4,600,000
PlayAI

Palo Alto, California, United States

PlayAI offers AI voice models for natural and emotive conversations.

Artificial Intelligence (AI)AudioGenerative AIMachine Learning
SeedNov 25, 2024
Amount Raised: $21,000,000
Starfish Space

Tukwila, Washington, United States

Starfish Space develops and manufactures autonomous space vehicles that perform in-orbit, satellite servicing missions.

AerospaceManufacturingSpace TravelTransportation
Series ANov 13, 2024
Amount Raised: $29,000,000
Openmart

San Francisco, California, United States

Openmart provides an AI-powered search engine designed to gather data from various sources to startups identify potential customers.

Artificial Intelligence (AI)B2BMachine LearningRetail
SeedAug 21, 2024
Amount Raised: $2,750,000
Legacy

New York, New York, United States

Legacy is a digital fertility clinic for men, founded at Harvard & backed by Y Combinator, FirstMark Capital, Bain Capital and celebrities.

FertilityGeneticsHealth CarePersonal Health
Series UnknownJul 18, 2024
Amount Raised: $7,500,000
Unify

Dover, Delaware, United States

The Best LLM on Every Prompt

Artificial Intelligence (AI)SaaS
SeedMay 22, 2024
Amount Raised: $8,000,000
Neurable

Boston, Massachusetts, United States

Neurable is a neurotechnology company focused on developing AI tools for brain signal translation and brain-computer interface technology.

Artificial Intelligence (AI)Augmented RealityHuman Computer InteractionVirtual Reality
Series UnknownMay 7, 2024
Amount Raised: $13,000,000
Axle Health

Los Angeles, California, United States

Scheduling and workforce management software for home health care providers

Health CareHome Health Care
SeedFeb 22, 2024
Amount Raised: $1,600,000
Mutable.ai

Dover, Delaware, United States

MutableAI provides artificial intelligence-based services for software development.

Artificial Intelligence (AI)Information TechnologySoftware
SeedJul 13, 2023
Gridware

Walnut Creek, California, United States

Creating a future where suburban wildfires are a thing of the past.

EnergyPredictive AnalyticsSoftware
SeedJun 13, 2023
Amount Raised: $10,500,000