Results · Enterprise Software & IT
Tracxn posts wider net loss in Q1 FY27
By Startup Enthusiast ·
- Date
- Company
- Tracxn
- What it does
- Market intelligence platform
- Kind
- Results
- Sector
- Enterprise Software & IT
What they do
Tracxn provides market intelligence for venture capital, private equity, and corporate clients
What happened
Its Q1 FY27 net loss widened to ₹3 crore from ₹2.6 crore in the previous quarter
Why it matters
The company plans to double its sales team and expand AI-powered tools for investors
The details
- Tracxn reported a consolidated net loss of ₹3 crore for Q1 FY27, widening 14% from ₹2.6 crore in Q4 FY26.
- In Q1 FY26, the company had a net profit of ₹1.1 crore.
- Operating revenue was ₹21.1 crore, down 0.6% year-on-year from ₹21.2 crore.
- Sequentially, revenue grew 3% from ₹20.5 crore in Q4 FY26.
- Total income including other income of ₹1.5 crore was ₹22.6 crore, down 1% year-on-year.
- Total expenses rose 18% year-on-year to ₹25.4 crore, with employee costs at ₹21.98 crore (86.64% of expenses).
- EBITDA loss widened to ₹4.2 crore from ₹20 lakh in Q1 FY26.
- Customer accounts grew 16% year-on-year to 2,350, with 50% from investment industry and 45% from corporates.
The bigger picture
- The results show Tracxn is investing heavily in employee costs and AI capabilities, which pushed it back into losses.
- Revenue growth is flat, but the company is expanding its sales team from 34 to 60 members by December 2026.
- Tracxn is betting on AI-powered workflows to attract and retain customers in a competitive market intelligence space.
About the business
- Tracxn is a market intelligence platform serving venture capital, private equity, investment banks, incubators, angels, family offices, corporates, government agencies, and universities.
- Revenue comes entirely from subscription sales for data and software access.
- The platform covers 7.7 million+ companies, including 723,000+ funded, 54,200+ Series A+, and 2,000+ unicorns.
- It tracks 1.8 million+ funding rounds, 226,000+ acquisitions, and 290,000+ investors.
- Tracxn publishes 1,000+ reports per quarter across 15+ categories, 2,500+ sectors, and 30+ geographies.
- It operates across US & Canada, Europe, India, SEA, Africa, and all geographies.
- Sectors covered include AI, IoT, blockchain, AR/VR, robotics, big data, sustainability, vertical SaaS, fintech, healthtech, and edtech.
- The platform adds 7,400+ data points daily and scans 981 million+ domains.
What happens next
- Tracxn plans to double its closing sales capacity from 34 members (Dec 2025) to 60 members by Dec 2026.
- It is expanding go-to-market operations for new customer acquisition in India and international markets.
- The company is doubling down on AI, introducing an AI assistant for querying data, due diligence, competitor analysis, and market research.
- AI-powered workflows for investors include deal diligence, sector mapping, competitor benchmarking, and startup scouting.
- Paid users can access Tracxn intelligence via Claude, ChatGPT, Gemini, and Cursor.
Founders
- Neha Singh, Co-founder
- Abhishek Goyal, Co-founder
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