trica is a technology company.
trica has raised $3.0M across 1 funding round.
trica has raised $3.0M in total across 1 funding round.
trica has raised $3.0M in total across 1 funding round.
trica's investors include 10100 fund, Accel, Addition, SoftBank Investment Advisers.
Trica is a technology company providing a unified platform for equity management and private market investments, enabling startups to handle cap tables, ESOPs, valuations, and compliance, while allowing investors to manage portfolios, raise funds, and transact in growth-stage opportunities.[1][2][4] Headquartered in Mumbai, India, as a subsidiary of LetsVenture (founded 2013), Trica targets growth-stage startups and private market investors like family offices, UHNIs, and funds, with customers including PedalStart, Mobikwik, Recur Club, and Wildcraft; it has raised $3M in seed funding and reported ₹5.7 Cr+ revenue in FY23.[2][3][4] Its products, such as Trica Equity (now integrated with Vestd) and Trica Capital, address gaps in private market agility, offering secure, ISO 27001-certified tools for transparent ownership and scalable transactions.[1][4]
Trica emerged from LetsVenture, India's active online investment platform for early-stage startups founded in 2013.[1][2] The idea crystallized in 2018 to power India's private markets, leading to MyStartupEquity's release in 2019 for equity management, followed by a growth-stage transactions platform in 2020 that achieved product-market fit, and Trica's unified launch in 2021.[1] Key team members include a 2x founder and angel investor emphasizing empathy for private market players, a technologist who built LetsVenture over eight years, an ex-I-banker focused on capital management, and a business journalism veteran driving content and community.[1] Operating as Capitalgrid Technologies Pvt Ltd, Trica has grown to 34 employees with strong web traffic momentum.[3]
Trica rides the surge in India's private markets, fueled by small investments from new angel waves and family offices seeking returns amid startup growth.[2][4] Timing aligns with post-2021 funding winters, where efficient cap table/ESOP tools and growth-stage platforms address scalability gaps for maturing startups.[1][3] Market forces like rising UHNIs, pre-IPO tech disruptors, and logistics/fintech booms favor Trica, influencing the ecosystem by enabling agile transactions and reducing friction—similar to global peers but tailored for India's high-volume, compliance-heavy private equity scene.[2][4]
Trica is poised to expand as India's private markets mature, with Trica Equity's Vestd integration accelerating global-scale equity tools and Trica Capital capturing more family office inflows into tech sectors like logistics.[4] Trends like AI-driven valuations, tokenized assets, and regulatory easing for pre-IPO deals will shape its path, potentially boosting its $3M-funded trajectory toward unicorn status via acquisitions or Series A. Its LetsVenture roots position it to deepen ecosystem influence, simplifying ownership to fuel the next wave of scalable startups—reinforcing its promise to make private markets agile from Day 1.[1][2]
trica has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in October 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2021 | $3.0M Seed | 10100 fund, Accel, Addition, SoftBank Investment Advisers |