Key facts
- Traild’s last known valuation is $126.7M (Sep 2025).
- It has raised $47.8M; the latest was Later Stage VC ($31.4M) in Sep 2025.
- Notable investors include Square Peg Capital, Saniel Ventures, LGVP, Athletic Ventures ( Australia ), Capital 49 — 6 tracked in total.
- Status: Privately Held (backing).
Leadership
- Brad SmorgonCo-Founder & CEO
- Adam LaittCo-Founder
- ·The complete investor list — 6 names
- ·Watchlist + deal alerts for Traild
- ·The full record, as it builds
Funding rounds
No funding rounds for Traild are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
About Traild
Developer of a fraud protection technology intended to patrol payment workflows to protect businesses from fraud. The company's technology features data extraction from digital invoices, invoice approval workflows, and protection from fraudulent invoices and payment mistakes, and provides a gain of control for understanding suppliers and costs in reporting and analysis, enabling businesses to process millions of dollars of payments each week with confidence and security.
- Industry
- Fintech
- Sector
- Information Technology
- HQ
- Prahran, Victoria, Australia
- Founded
- 2017
- Employees
- 72
- Website
- traildsoftware.com/
- Ownership
- Privately Held (backing)
Traild doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in Traild shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Traild in its N-PORT filings yet. We sweep new filings monthly.