September 27, 2021
Technology

Trax Technologies Funds Growth with Accel-KKR Growth Financing | News

DALLAS, Sept. 2, 2021 /PRNewswire-PRWeb/ — Trax Technologies announced that it has agreed to debt financing from investment firm Accel-KKR to support its next stage of growth. Trax Technologies is the global leader in Transportation Spend Management and freight payment automation serving global shippers and 4PLs with sophisticated transportation logistics ecosystems. Accel-KKR, the leading global software-focused investment firm, is based in Silicon Valley. Accel-KKR Credit Partners is a credit fund managed by Accel-KKR.

Trax offers efficiency, visibility, and confidence for shippers, carriers, and 4PLs through a robust software platform that elevates freight auditing, cost allocation, logistics data and analytics, payment automation, and supply chain…

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