RECENT FUNDING
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Tropic

Tropic is intelligent procurement software that gives finance and procurement teams control of AI and SaaS spend — cut costs and automate every purchase.

Latest funding

$40M Series B+ ·

Led by Insight Partners · Source: startupintros.com

Total raised: $67M across 3 sourced rounds

All 3 rounds ↓
Website: tropicapp.io.
X: @TropicApp · 181 followers.
LinkedIn: tropicapp.
Sectors: Marketing, Procurement, SaaS, Software.
Stage: Series B+.
Based in: New York, United States.
Founded: 2019.
Total raised: $67M in 3 sourced rounds.
Last round: Feb 1, 2022 · 1,748 days ago.
Headcount: 251–500 employees.
On Recent Funding since: Sep 29, 2026.

Signals

X account@TropicApp · created Mar 13, 2020 (6 years old) · 181 followers
Website registeredJan 27, 2020 (6 years old)
TIMELINE · MONEY RAISED

Tropic | 65 days from website to first raise on record

@TropicApp·Raised $67M in 3 sourced rounds·2 signals before the first raise
$17M$34M$50M$67MFEBJAN 2021DECNOVOCTSEPAUGJUL$67M||WEBSITE CREATED · JAN 27, 2020||X ACCOUNT CREATED @TROPICAPP · MAR 13, 2020$2M Seed · Apr 1, 2020$2M SEED · APR '20$25M Series A · Aug 1, 2021$25M A · AUG '21$40M Series B+ · Feb 1, 2022$40M B+ · FEB '22

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

DateRoundAmountLeadSource
Series B+$40MIInsight Partnersstartupintros.com
Series A$25MCCanaan Partnersstartupintros.com
Seed$2MFFounder Collectivestartupintros.com

Timeline

  1. X account created
  2. Website created

Founders and team

Investors

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Sources and API

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/tropic (get a free API key).

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