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Founded Year

2012

Stage

Series A - IV | Alive

Total Raised

$17.15M

Last Raised

$500K | 4 days ago

About Triax

Triax focuses on workforce optimization in the industrial sector. The company offers software solutions that provide data to improve labor productivity and workplace safety. These solutions include equipment tracking and safety management systems that are beneficial for industries such as process manufacturing, construction, mining, and power and energy. It was founded in 2012 and is based in Norwalk, Connecticut.

Headquarters Location

1 Chestnut Street

Norwalk, Connecticut, 06854,

United States

203-803-9879

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ESPs containing Triax

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Construction Tech

The construction management software market offers technology solutions that improve efficiency, collaboration, and accountability in construction projects. These solutions provide instant access to project plans and enable team collaboration for onsite construction managers. For estimators, the software significantly increases the speed, consistency, and quality of project takeoffs, estimates, an…

Triax named as Challenger among 15 other companies, including Newforma, SafetyCulture, and Touchplan.

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Expert Collections containing Triax

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Triax is included in 3 Expert Collections, including Construction Tech.

C

Construction Tech

1,025 items

Companies in the construction tech space, including additive manufacturing, construction management software, reality capture, autonomous heavy equipment, prefabricated buildings, and more

I

Insurtech

256 items

120+ underwriting data companies addressing 9 technology priorities, from computer vision to auto telematics, that P&C insurance companies face.

J

Job Site Tech

552 items

Companies in the job site tech space, including technologies to improve industries such as construction, mining, process engineering, forestry, and fieldwork

Triax Patents

Triax has filed 12 patents.

The 3 most popular patent topics include:

  • wireless networking
  • mesh networking
  • central banks
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/2/2021

11/7/2023

Wireless networking, Mesh networking, Networking hardware, Network analyzers, Local area networks

Grant

Application Date

4/2/2021

Grant Date

11/7/2023

Title

Related Topics

Wireless networking, Mesh networking, Networking hardware, Network analyzers, Local area networks

Status

Grant

Latest Triax News

Triax Technologies Automates Evacuation and Muster ProtocolsIndustrial plants have reported a reduction in time to safety of more than 70% to comply with OSHA safety audit requirements

Jun 9, 2023

Share Industrial plants have reported a reduction in time to safety of more than 70% to comply with OSHA safety audit requirements Triax Technologies  (Triax), a leading provider of industrial internet of things (IIoT) software , recently released product functionality that empowers automated muster reporting. The system of digitally pinpointing the physical location of all workers on site dramatically reduces time to safety and gives visibility to first responders in the event of an emergency. Triax Technologies automates evacuation and muster protocols, helping an independent energy facility reduce time to safety by 70% #iiot #safetysolutions #worksitesafety A successful rollout of the platform at an independent energy company facility in North America saw a reduction in time to safety of more than 70%. Leveraging the technology, the operational teams identified muster points that needed to be moved, and which individuals needed better training on how to execute evacuation procedures. The need for employees to run manual rosters with clipboards and walkie talkies was eliminated. “This release is a game changer for large industrial and construction sites,” said Ian Ouellette , Head of Data Science and Research for Triax. “Within a matter of minutes, sites can muster employees and know exactly where everyone is on site. In the event of an emergency, this equips first responders with the critical life-saving information they need to prevent fatal outcomes in the event of an accident. Going from over 30 minutes down to seven is incredible. This will save lives.” Triax continues to advance safety for industrial sites with its latest release. The solution automates the evacuation and muster process as part of the company’s mission to deliver people-centric technology solutions that allow industrial sites to be both safer and more productive. This sitewide evacuation and muster system is deployable through the Spot-r® dashboard, which signals workers to move to their muster point. Once activated, individual wearables – worn by workers while on site – track movement to individual muster points. Muster points are digitally synced, giving managers an instant and complete view of who is safe and who is potentially still in danger. Managers can track real-time headcounts from any smart device to locate workers by floor and zone. The weatherproof, dust-proof and water-resistant wearables can be used indoors or outdoors. The solution is designed to enhance an organization’s existing evacuation protocols, providing increased visibility and communication sitewide throughout the process. “In the event of an emergency, every second is critical,” explained Anthony Butler, Head of Product for Triax. “Emergency response workers need to know the exact location of those not accounted for as safe so that they can prioritize their rescue effort. It’s an exciting moment for us as our clients amp up the effectiveness of their evacuation and muster protocols by leveraging our solutions.” The Occupational Safety & Health Administration (OSHA) stipulates that employers provide a compliant alarm system and maintain procedures to account for all employees in the event of an emergency evacuation. Site managers contend with many obstacles when attempting to carry out swift evacuation and muster protocols, including the sheer size of most job sites, a high volume of contract workers, noise levels, difficulty maintaining clear communications across a diverse workforce and more. Without an automation solution, many sites risk finishing their count too late in an emergency setting to make necessary safety interventions.

Triax Frequently Asked Questions (FAQ)

  • When was Triax founded?

    Triax was founded in 2012.

  • Where is Triax's headquarters?

    Triax's headquarters is located at 1 Chestnut Street, Norwalk.

  • What is Triax's latest funding round?

    Triax's latest funding round is Series A - IV.

  • How much did Triax raise?

    Triax raised a total of $17.15M.

  • Who are the investors of Triax?

    Investors of Triax include McRock Capital, JWRichburg Venture Capital, Connecticut Innovations and Plug and Play Accelerator.

  • Who are Triax's competitors?

    Competitors of Triax include Beti and 5 more.

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Compare Triax to Competitors

H
HammerTech

HammerTech is a company that focuses on providing advanced construction safety software and compliance solutions. The company offers a cloud-based platform that enables operational efficiency, quality, and safety in the construction industry. Its main services include online enrollment and orientations, safety inspections, contractor management, equipment management, incident and injury management, and reporting. The company primarily sells to the construction industry. It was founded in 2013 and is based in Richmond, Victoria.

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Kwant.ai

Kwant.ai uses low powered sensors network to automate construction site data collection to improve safety and productivity. It offers smart wearables, edge sensors, asset trackers, access control, heatmaps, orientation forms, and more. It was formerly known as onTarget. The company was founded in 2018 and is based in New York, New York.

E
EarthCam

EarthCam provides webcam content, technology and services to business and government agencies.

S
StrongArm Technologies

StrongArm Technologies develops safety science platform technology intended to manage industrial safety, productivity, and performance. The platform captures, analyzes, and delivers insights by using wearable sensors and artificial intelligence (AI) to mitigate the risk of injury. It was founded in 2011 and is based in Brooklyn, New York.

RealWear Logo
RealWear

RealWear designs and manufactures a voice-powered, hands-free, and fully rugged head-mounted tablet solution. It provides solutions like digital workflow, document navigator, visual assist, and more. The company offers real wear cloud and real wear service packs. The company serves manufacturing, healthcare, field services, pharma, and more. It was formerly known as WearNext. RealWear was founded in 2016 and is based in Vancouver, Washington.

Blackline Safety Logo
Blackline Safety

Blackline Safety is a company that focuses on safety technology in the industrial sector. The company offers wearable safety technology and personal and area gas monitoring devices, paired with cloud-connected software and data analytics, to help companies meet safety challenges and increase productivity. These devices and software are designed to detect safety incidents such as falls, gas leaks, and missed check-ins, and connect workers to live monitoring teams for real-time response. It was founded in 2004 and is based in Calgary, Alberta.

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