Company overview

Software procurement made easy with unbeatable supplier spend intelligence and a clear action plan to save on new purchases and renewals.Tropic is your intelligent procurement partner, purpose-built for finance and procurement teams to save time, cut costs, and reduce risk across their spend. With Tropic, organizations maintain complete visibility, automation, and leverage over business spend while making smarter purchasing decisions that save time and money.With $18B+ in managed spend, 21% in average customer savings, and 300K+ hours saved, Tropic is recognized as a leader in SaaS Spend Management and Procurement Orchestration on G2. We’re trusted by over 500 teams, including Strava, Greenhouse, Mozilla, Olipop, and more.
Founded in 2019
Remote, Oregon, USA
290 employees (16 in marketing)
69% recommend to a friend
65% positive business outlook

Salaries

Typical salary range

$148,000 – $148,000

/ yr

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People

Hiring activity

Open marketing jobs over time

2 open now

Headcount trend

Company growth over the last 12 months

Headcount -10.5% year over year

Funding

Total funding

$67.1M

Last raise

$40M

Series B, 4 years ago

Funding history

Feb 2022

Series B Tropic · $40M

Aug 2021

Series A Tropic · $25M

Apr 2020

Seed Round Tropic · $2.1M

Audience

Monthly website visitors
47.1K
Month over month-16.4%
Quarter over quarter-29.4%
Top sourceDirect (66%)
Ad budget per month$52.3K
Average search rank41.9
Traffic source mix
Direct
66%
Search
28.5%
Referral
4.1%
Social
0.9%
Paid referral
0.5%

LinkedIn followers

Follower count and growth

Total followers

29.7K

12-mo growth

+8.4%

Monthly growth

+1.1%

News

Links