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An expert in production \u0026amp; delivery processes for data management, Adam’s recent ventures include scaling his last company to $42M ARR.Traq365 is at the intersection of two industries poised for tremendous growth: machine learning/AI, and CRM (customer relationship management) software. The global conversational AI market size is expected to grow to $13.9B by 2025, at a CAGR of 21.9%, and CRM revenue will exceed $80B by 2025.The market for conversational sales AI platforms is hot: Traq365’s peer companies, Chorus and Gong, are valued at $100-500M and $7.25 billion respectively. As the only AI sales platform focused on the buyer’s behaviors and concerns, Traq365 is poised for success in this fast-growing market.AI ventures get a lot of buzz ... but did you know that 40% of companies claiming to use it aren’t actually doing so? Traq365 uses real AI + machine learning developed over years of proprietary research. With the next $1M raised, Traq365 will continue to perfect its tech, further app development, and increase marketing and salesWith exclusive tech and an experienced team of entrepreneurs and industry experts, Traq365 provides the objective visibility into each sales call for valuable insight that was impossible to capture even just a year ago. 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The feedback has been strong. Users find that: (1) Having call recordings is very helpful; they can re-listen to them as needed. (2) The AI Call Summary of their calls makes it easy to “refresh” their memories when preparing for a pipeline review or getting ready for the next sales conversation. (3) The Sentiment Analysis - defined by our AI - provides an objective evaluation on how the buyer(s) felt. (4) The ..."},{"question":"You mention Chorus and Gong, both significant brands/user traction. What is your plan to win?","answer":"This is a great question that has multiple dimensions. First, sales Conversation Intelligence is a nascent industry. There are several players in this space, but when all combined, don’t represent a very significant amount of revenue...yet! We believe the space is ripe for multiple approaches and each player has a different “take” on how to best use the conversation data. Other platforms focus on the sales side; sales managers use their data to review sales conversations and help improve a sa..."},{"question":"Hi Adam - I love the product, definitely sense there’s a good market there, but I have concerns over the finances... I was looking into the Details section, specifically at the Runway \u0026amp; Short/Mid-Term Expenses. You have $60k in hand, expenses are $40k/month so you have 1.5...","answer":"Nick, there are several things baked into your question. If we don't raise any more funding, we'll manage our expenses very cautiously, reduce non-essential spend and focus on driving revenue. The technology already works well and while we'd like to continuously layer on more capability, this is not critical. On top of that, I'm prepared to self-finance the company for another 12 months, though at a reduced monthly burn. In our plans, we expect to do another more substantial raise in about 12..."},{"question":"Hi Adam- I am interested and have two questions. 1. There are too many crm companies. who are your main competitors? what competitive advantage do you have? 2. How are you different than Xm (https://www.qualtrics.com/)? How do you serve customer better than XM? thanks,-BH","answer":"BH, thanks for the question. First, I agree there are too many CRM companies. And most are hardly more than electronic rolodexes. They're missing the critical information from the sales conversation that makes it possible to develop a sales strategy and win the deal. Traq.ai doesn't replace the CRM. Rather, we perfectly compliment the crm by making it possible to inject the critical information into them. I've been selling for 25+ years and the problem we all have in sales is multifold: First..."}],"recent_posts":[{"id":151037,"entity_id":"wefunder:feed_item:151037","title":"Import Call Recording for transcription","preview":"Many organizations record calls – but they often don’t have a comprehensive system to capture the critical nuanced data within those conversations. They aren’t making the most of their call data, missing out on crucial client insights.That’s why we’re excited about our new conversation import feature, which allows users to import standard-format conversations into the Traq.ai platform for further analysis.After the import, Traq.ai transcribes the conversation, then parses it to identify each ...","published_at":"2021-12-13T21:16:28Z","canonical_url":"https://wefunder.com/feed/151037"},{"id":150928,"entity_id":"wefunder:feed_item:150928","title":"Traq.ai is combined with Da Vinci","preview":"The Traq.ai (formerly Traq365) platform is powerful, unique, and really smart. It runs on proprietary technology, machine learning and natural language processing that continuously evolve with each user and sales conversation.At the heart of Traq.ai is our artificial intelligence engine: Da Vinci. The remarkable Italian painter, sculptor, engineer, and theorist Leonardo da Vinci inspired us when naming the technology that is at the core of our platform.Ultimately, Leonardo da Vinci was a mast...","published_at":"2021-12-07T20:07:08Z","canonical_url":"https://wefunder.com/feed/150928"},{"id":150828,"entity_id":"wefunder:feed_item:150828","title":"Traq.ai: our proprietary Desktop Recorder","preview":"We created Traq.ai to adapt to how people like to work, not the other way around.\u0026nbsp;That’s why we’re technology-agnostic: you can run Traq.ai on a Mac or Windows machine, and you can also use it with any web conference tool or softphone.There are so many ways to make a sales call - Teams, Zoom, Google Meet, WebEx, RingCentral or any other. Traq.ai works with them all.As a fully independent conversation intelligence platform, Traq.ai doesn’t require integration with any particular tool or a...","published_at":"2021-12-02T19:24:52Z","canonical_url":"https://wefunder.com/feed/150828"},{"id":150693,"entity_id":"wefunder:feed_item:150693","title":"We changed our name to Traq.ai","preview":"You may have noticed that in my last update I referred to our platform as\u0026nbsp;Traq.ai\u0026nbsp;rather than\u0026nbsp;Traq365.com. When we first started developing the Traq platform, our focus was on organizing and managing sales information, and specifically sales conversations.Over the past year we have evolved, opting to enhance our platform with far more artificial intelligence capabilities. Now, AI is embedded into everything we do, from transcription to summarization and from sentiment analysis ...","published_at":"2021-11-28T15:39:05Z","canonical_url":"https://wefunder.com/feed/150693"},{"id":148431,"entity_id":"wefunder:feed_item:148431","title":"Traq.ai Update","preview":"I've not been very good about sharing our technology updates.\u0026nbsp;I've always kept my head down and focused on the work.\u0026nbsp;But that's about to change with so many new investors interested in our progress.\u0026nbsp;And our progress is continuous;\u0026nbsp;it's like we never sleep.For example, we recently made two significant advances within\u0026nbsp;Traq.ai.\u0026nbsp;We updated our Summarizing Technology which provides a more comprehensive review of every conversation.\u0026nbsp;You can read the summary of an ...","published_at":"2021-11-26T15:31:47Z","canonical_url":"https://wefunder.com/feed/148431"}],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-15T04:23:44Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-14T05:02:56Z","as_of":"2026-06-15T04:23:44Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-14T05:02:56Z","as_of":"2026-06-15T04:23:44Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-04-07T22:58:25Z","as_of":"2026-06-15T04:23:44Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-04-07T22:58:25Z","as_of":"2026-06-15T04:23:44Z","confidence":"medium"}}}}}}