Tractive

Last updated
Tractive
Company typePrivate
Industry Software Technology, Hardware
Founded2012
Founders
  • Michael Hurnaus
  • Michael Lettner
  • Michael Tschernuth
Headquarters,
Key people
  • Michael Hurnaus (CEO)
  • Wolfgang Reisinger (COO)
  • Andrew Bleiman (EVP, North America)
  • Dominik Hurnaus (CTO)
  • Martin Theißen (CMO)
Number of employees
200 (2023)
Website www.tractive.com

Tractive develops and sells GPS & Health trackers for dogs and cats that enable pet owners to view their pet's real-time location, receive Health Alerts, and monitor activity and sleep patterns via a smartphone app. Tractive tracks around 1,000,000 pets in over 175 countries worldwide using GPS and GSM technology. [1] [2] [3] [4] [5] [6] [7]

Contents

History

2012–2018

Michael Hurnaus, together with Michael Lettner, Michael Tschernuth and the founders of adidas Runtastic - including Florian Gschwandtner - founded Tractive in October 2012. The company released its first GPS dog tracker prototype at CES 2013 in Las Vegas. Their first generation tracking devices, released in 2014, received the Innovation of the Year Award at the Austrian Future Zone Awards.

2018 saw Tractive reach a milestone of 100,000 users worldwide, as well as receive a 7-figure investment from Monkfish Equity.

2018–2024

Tractive expanded into North America in 2021, a move made possible by Guidepost Growth Equity, which offered $35 million to the pet tech company. Andrew Bleiman - who had been working as general manager of Furbo, a US company specializing in dog home cameras - joined the business to spearhead the expansion.

In 2022 Tractive opened a new award-winning headquarters in Pasching, Austria, a move made necessary by their growing number of employees. [8] In July of that year, management transitioned the company to a 4-day workweek. [9]

2024 saw Tractive release "Tractive Pet Cover," its first foray into pet insurance. Tractive Pet Cover is currently available only in the United Kingdom, though the company hopes to expand the service to more countries over time. [10]

Products & Features

Tractive sells species-specific GPS & Health trackers for dogs and cats, tracker covers, LED collars, and other accessories.

Real-Time GPS Tracking

Tractive's GPS trackers utilize LTE-M cellular networks, Bluetooth, and Wi-Fi to track pets’ real-time locations. Tractive customers can view their pet's location via a free app available for iPhone and Android or via the web. They can also create virtual fences (geofences) to alert them when their pet leaves a safe area, such as a backyard, or enters a dangerous area, such as near a street or near a river.

Health Alerts

When a pet’s behavior has shown unusual changes over a period of time, users receive an email letting them know that something could be wrong.

Activity Monitoring

The Tractive GPS tracker records pet activity - including sleep, rest time, and estimated calories burned - to give users insights into their pet's fitness and wellbeing. Users can set activity goals and also see how their pet's activity levels compare to other pets in local and global leaderboards. Users with dogs can also keep track of their walks.

100% Waterproof

Tractive GPS devices do not have SIM-card openings or USB ports and are therefore not only protected against splashing water, but are also fully waterproof (up to 1 meter depth, 30 minutes), meeting IPX7-standards. As a result, Tractive GPS devices are suitable for water-loving pets and can be used in the rain. [11] [12] [13] [1] [5]

Unlimited Range

Tractive GPS trackers are equipped with GPS and a built-in SIM card. Unlike Bluetooth or radio trackers, they have unlimited range and work in over 175 countries worldwide.

In the US, Tractive works with all major US cellular providers, including Verizon, AT&T and T-Mobile.

Subscription

Tractive GPS requires a paid subscription to track your pet. It covers the fees for the tracker's built-in SIM card with unlimited data. The BASIC package includes GPS tracking and unlimited LIVE tracking. The PREMIUM package has both GPS Tracking and unlimited LIVE Tracking plus it also includes worldwide coverage, premium customer service, and other features. [14]

Projects & Partnerships

Tractive has worked with various pet charities, projects, and initiatives. They have also led their own, several of which focused on the collective well-being of humans and pets. On one of these endeavors, Tractive sent out “puppy boxes” and “welcome home kits” to veterinarian offices, shelters, and dog breeders in Europe and the US. These contained free devices for people who had recently adopted pets. Tractive also introduced the Shelter Project, a program built to support shelters and rescues globally with free GPS tracking devices for their flight-risk animals.  

Capitalization

Tractive raised $500k in 2012 and €2 million in 2016 from former race car driver Harold Primat. [1] [15] In 2018, they raised an additional "seven-digit" sum from Monkfish Equity, the investment vehicle of the founders of Trivago. [16]

In 2021, Tractive closed $35 million in growth funding led by Guidepost Growth Equity.

Awards

Related Research Articles

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A leash is a rope or similar material used to control an animal by attaching it to a collar, harness, or halter. In British English, a leash is generally for a larger animal, with lead being more commonly used when walking a dog.

<span class="mw-page-title-main">Microchip implant (animal)</span> Implant used in animals

A microchip implant is an identifying integrated circuit placed under the skin of an animal. The chip, about the size of a large grain of rice, uses passive radio-frequency identification (RFID) technology, and is also known as a PIT tag. Standard pet microchips are typically 11–13 mm long and 2 mm in diameter.

A dog collar is a piece of material put around the neck of a dog. A collar may be used for restraint, identification, fashion, protection, or training. Identification tags and medical information are often placed on dog collars. Collars are often used in conjunction with a leash for restraining a dog. Collars can be traumatic to the trachea if the dog pulls against the restraint of the leash, causing severe pressure to the neck. Use of a harness instead of a collar may be beneficial for dogs prone to tracheitis or those with a collapsed trachea. Conversely, dog breeds with slender necks or smaller heads may easily slip out of collars that are too loose. This can be avoided by using a martingale dog collar which tightens to distribute pressure around the neck when training the dog not to pull. Any style of dog collar must be properly fitted to ensure safety and collars should not be worn when the dog is unattended.

<span class="mw-page-title-main">Collar (animal)</span> Harness for animals

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Invoxia is a French consumer electronics company known for the design and development of innovative smart devices that use artificial intelligence, such as the first GPS tracker on the market to use LoRa technology, the first connected speaker outside the Amazon ecosystem to use the Alexa voice system and a line of GPS trackers for preventing bike theft and monitoring pet activity. For the B2B market, it provides fleet tracking and asset management services. It also provides industrial IoT services including hardware design and development and the training and integration of neural networks.

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