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New Deal


Announced

Completed

Next47 led a $15m Series A round in Tractian.

Financials

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Transaction Value£12m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Acquisition

Digital Services

Friendly

Single Bidder

machine learning

artificial intelligence

Venture Capital

Minority

Completed

Brazil

internet of things

Cross Border

Private

Synopsis

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Next47, a global investment company, led a $15m Series A round in Tractian, a machine intelligence company, with participation from Y Combinator. “This is a critical space, the heartbeat of our economy. Next47 is thrilled to join Tractian on its mission to transform the maintenance experience for enterprises globally. Having followed this space for years, we concluded that frictionless deployment, intuitive user interfaces and a mobile/cloud-first approach are essential ingredients of success, particularly in the underserved medium enterprise segment. Tractian combines these in its extraordinary product vision and consistently delights its customers,” Debjit Mukerji, Next47 Partner.

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