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Traxen
AddedFeb 15, 2024
UpdatedJun 18, 2026
Traxen

Traxen

Traxen, a Michigan-based tech developer, innovates for safer, fuel-efficient trucking and valuable big data.

HQ
Plymouth, MI, US
Founded
2018
Overview
Compare
Fundraising
Employees
Website

Traxen, founded in Michigan, is a high technology developer dedicated to enhancing the heavy-duty trucking industry through innovative solutions. Their core mission is to promote safe driving, improve fuel efficiency, and provide actionable big data. Traxen's flagship products include the iQ-Cruise® System, an AI-driven, energy-efficient, connected, predictive, and adaptive cruise control system, and iQ-Trax hardware. These technologies aim to revolutionize the trucking market by offering significant improvements in fuel efficiency and drivability.

Notable affiliated individuals and investors include industry veterans and technology experts who have driven the company's vision forward. Traxen has achieved key milestones such as the successful deployment of their iQ-Cruise® System, which has garnered attention for its remarkable impact on fuel savings and safety. The overall impact of Traxen's innovations is evident in the enhanced operational efficiency and safety standards within the heavy-duty trucking industry.

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Traxen - Quick Facts

Who are Traxen's competitors?

Companies similar to Traxen include TotalTrax, AI Fleet, Triax Technologies and Resq TRX.

When was Traxen founded?

Traxen was founded in 2018.

Where is Traxen's headquarters located?

Traxen's headquarters is located in Plymouth, MI, US.

When was Traxen's last funding round?

Traxen's most recent funding round was for $4.8M (USD) in April 2021.

How much has Traxen raised to-date?

As of Apr 2, 2021, Traxen has raised a total of $7.8M (USD).

How many employees does Traxen have?

Traxen has 18 employees as of Feb 4, 2024.

Traxen - Classification

Industry
  • Hardware
Ownership
  • Private
Technology
  • AI
  • Machine Learning
Geographic Exposure
  • United States
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Data Analytics
  • Fleet Management
Tags
  • Data
  • IoT
NAICS
  • 330000Manufacturing
  • 336000Transportation Equipment Manufacturing
  • 336100Motor Vehicle Manufacturing
SIC
  • 3700Transportation Equipment
  • 3710Motor Vehicles And Motor Vehicle Equipment
  • 3711Motor Vehicles And Passenger Car Bodies
Show 13 more industry codes
NAICS
  • 513200Software Publishers
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 510000Information
  • 513000Publishing Industries
  • 541000Professional, Scientific, and Technical Services
  • 513210Software Publishers
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7371Computer Programming Services
  • 7372Prepackaged Software