Insights

Enterprise spend leader Tropic manages over $20B in supplier spend with a proven track record of saving customers an average of 21% on new purchases and renewals, signaling strong value potential for larger procurement orgs seeking cost reductions.

Finance and procurement efficiency The platform is purpose-built for finance and procurement teams to automate processes, improve visibility, and reduce manual tasks, making it an attractive fit for organizations looking to scale procurement operations and accelerate approvals.

Notable customers Trusted by over 500 teams including Strava, Greenhouse, Mozilla, and Olipop, which demonstrates broad footprint across tech, SaaS, and consumer brands and suggests expansion opportunities within similar high-spend, tech-driven companies.

SaaS spend management leader Recognized as a leader in SaaS spend management and procurement orchestration on G2, indicating strong market credibility that can help in outbound messaging and competitive positioning against peers.

Strong tech ecosystem Integrations with QuickBooks, Salesforce, Microsoft Azure, and others highlight a mature tech stack and potential cross-sell/up-sell opportunities to existing customers using these platforms for end-to-end procurement and finance workflows.

Similar companies to Tropic

Tropic Tech Stack

Tropic uses 8 technology products and services including QuickBooks, AdRoll, Mixpanel, and more. Explore Tropic's tech stack below.

Tropic's Email Address Formats

Tropic uses at least 3 email formats:
Tropic Email FormatsExamplePercentage
First@tropicapp.ioJohn@tropicapp.io
82%
First.Last@tropicapp.ioJohn.Doe@tropicapp.io
15%
FL@tropicapp.ioJD@tropicapp.io
3%

Frequently Asked Questions

What is Tropic's stock symbol?

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Tropic is a publicly traded company; the company's stock symbol is 5401.KL.

What is Tropic's official website and social media links?

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Tropic's official website is tropicapp.io and has social profiles on LinkedIn and Crunchbase.

How much revenue does Tropic generate?

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As of August 2026, Tropic's annual revenue is estimated to be $100M - $250M.

What is Tropic's NAICS code?

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Tropic's NAICS code is 5112 - Software Publishers.

How many employees does Tropic have currently?

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As of August 2026, Tropic has approximately 294 employees across 5 continents, including North America, Europe and Asia. Key team members include Cmo: L. G., Vice President Of Marketing: G. R. and Head Of Engineering Operations And Tropic Ai Lab: S. K. Explore Tropic's employee directory with LeadIQ.

What industry does Tropic belong to?

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Tropic operates in the Software Development industry.

What technology does Tropic use?

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Tropic's tech stack includes QuickBooks, AdRoll, Mixpanel, Salesforce, Auth0, Zapier, Microsoft Azure and Piwik PRO Core.

What is Tropic's email format?

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Tropic's email format typically follows the pattern of First@tropicapp.io. Find more Tropic email formats with LeadIQ.

How much funding has Tropic raised to date?

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As of August 2026, Tropic has raised $67M in funding. The last funding round occurred on Feb 15, 2022 for $40M.

When was Tropic founded?

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Tropic was founded in 2019.
Tropic logo

Tropic

Software DevelopmentNew York, United States201-500 Employees

Tropic is a software development company based in New York, located at 920 Broadway, Floor 2, New York, NY 10010. It provides a procurement software platform designed for finance and procurement teams, offering supplier spend intelligence and a plan to optimize new purchases and renewals. The company positions itself as an intelligent procurement partner focused on improving visibility, automation, and leverage across organizational spend to support smarter purchasing decisions. Tropic reports more than $20 billion in managed spend and serves over 500 teams, including Strava, Greenhouse, Mozilla, and Olipop. It is recognized as a leader in SaaS spend management and procurement orchestration on G2 and employs between 201 and 500 people.

Section iconCompany Overview

Stock Symbol
5401.KL
NAICS Code
5112 - Software Publishers
Founded
2019
Employees
201-500

Section iconFunding & Financials

  • $67M

    Tropic has raised a total of $67M of funding over 3 rounds. Their latest funding round was raised on Feb 15, 2022 in the amount of $40M as a Series B.

  • $100M - $250M

    Tropic's revenue is estimated to be in the range of $100M - $250M

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