Company Research Report: Traxo, Inc.

Company Overview

Name, Mission of the Company

Name: Traxo, Inc.

Mission: To unlock and organize corporate travel data by providing the industry-leading corporate travel data capture and pre-trip auditing platform for modern travel managers.

When was the company founded and by whom

Founded: 2008

Founders: Andres Fabris, Andy Chen, Richard Pendergast, and Chris Stevens.

Key People in the Company

Andres Fabris: Co-founder & Chief Executive Officer

Matt Griffin: Chief Product Officer & Chief Information Officer

Brian Butler: Chief Revenue Officer

Chris Stevens: Chief Technology Officer

Jeff Adams: Senior Software Engineer

Henrik Conradsen: Evangelist, Product and Technology

Franz Loriega: Chief of Staff & Sales Director

Andrew MacKenzie: Product Design Director

Lacey McGhee: VP of Marketing

Faisal Mohammed: Senior Software Engineer

Justin Morris: Regional Sales Director

Russell Ramey: Senior Software Engineer

Thorsten Schiefer: Europe Sales Director

Rebecca Sheehan: SVP of Strategic Partnerships

Aash Shravah: VP of Sales & Client Success

Greg Spagnolo: Director, Technical Support

Where is the company headquartered

Headquarters: Dallas, Texas, USA

Number of employees

Number of Employees: No information is available.

Revenue of the company

Revenue of the Company: No information is available.

What is the company known for

Known For: Traxo is known for being the world’s only provider of real-time corporate travel data capture. The company specializes in eliminating blind spots with automated pre-trip auditing, ensuring the health and safety of employees through enhanced duty of care, and achieving comprehensive travel program compliance.

Products

Traxo Platform: A comprehensive platform designed for capturing, visualizing, and analyzing all travel bookings, regardless of the source.

Traxo Capture: A data capture product that identifies and collects detailed information from travel bookings made through various channels.

Traxo Connect: An integration solution that allows travel data to be seamlessly distributed to the company's preferred travel services, duty of care providers, expense systems, and other partners.

Traxo Traveler: An application focused on helping individuals manage their personal travel itineraries.

NDC (New Distribution Capability) Visibility: Ensuring travel managers can access booking details even when employees book directly with preferred airlines.

Folio Parsing: Automated folio processing for efficient expense management.

High-Level Description of the Product

1. Traxo Platform:

Description: Captures all corporate travel activity and spend in real-time, consolidating all bookings into insightful dashboards, reports, and detailed views.

Key Features:

Real-time data capture and visualization

Automated duty of care

Program compliance enforcement

Expense management and savings identification

2. Traxo Capture:

Description: Automatically captures all travel booked or changed through TMCs, suppliers, and OTAs for the entire organization.

Key Features:

Real-time capture of booking data

Merging and duplication removal of booking data

No employee training or action required

3. Traxo Connect:

Description: Automates the process of sharing travel data with travel services and partners.

Key Features:

Seamless integration with duty of care and expense services

Automated workflows

Data portability

4. Traxo Traveler:

Description: Manages personal travel itineraries, providing travelers with a comprehensive view of their travel plans.

Key Features:

Real-time itinerary updates

Travel management and alerts

Synchronization with other travel services

5. NDC Visibility:

Description: Ensures full visibility into travel bookings even when booked directly through airlines following the NDC standard.

Key Features:

Capture and parsing of NDC-enabled reservations

Integration with corporate travel management systems

Booking detail extraction

6. Folio Parsing:

Description: Automates the parsing of folio line items for expense management.

Key Features:

Automated and secure folio processing

Parsing in multiple formats (emails, PDFs)

Creation of clear expense categories

Recent Developments

Recent Developments in the Company

Certification: Traxo achieved SOC 2 Type 2 Certification for 2024, reinforcing its commitment to security and compliance.

Marketplace Expansion: Traxo unveiled an expanded Partner Marketplace integrating various travel solutions.

NDC Adoption: Observed a surge in direct airline bookings due to NDC adoption.

Executive Hiring: Welcomed Rebecca Sheehan as SVP of Strategic Partnerships.

New Products Launched

No information is available.

New Features Added to Existing Products

No information is available.

Any New Partnerships

CWT Partnership: Partnered with CWT for capturing out-of-channel, pre-trip data.

Booking.com Partnership: Partnered with Booking.com for Business to provide full travel visibility to its business clients.

This report provides a comprehensive overview of Traxo, Inc., detailing its mission, products, key personnel, and recent developments. It highlights Traxo's dedication to innovation in capturing and managing corporate travel data.