Fundraising Fox

Tropic

New York City, US · 2 known investors

Tropic is a procurement platform that gives finance and procurement teams pricing intelligence, negotiation playbooks, and expert support to reduce spend on SaaS and AI software. It combines spend management, vendor and contract management, and market benchmarks for buyers at companies ranging from SMBs to enterprises.

AI & Machine LearningFintechSaaS

Founders & leadership

JE
Justin EtkinFounder
DCDavid Campbell
David CampbellinCo-Founder & Executive ChairmanDavid Campbell is a software developer who began his career at Goldman Sachs' quantitative hedge funds, then built research and trading systems at Highbridge and led software development at quant global macro firm Kepos Capital. He founded a cybersecurity consulting firm in 2014 that was acquired by ACA in 2015, after which he ran ACA's regtech solutions (ComplianceAlpha), launched new business lines, and oversaw corporate strategy and M&A; he is the founder of Tropic, a procurement platform offering pricing intelligence, negotiation support, and spend, vendor, and contract management for SaaS and AI software.

Investors · 2

Shine CapitalNew York · $1M – $10M
ForbionreportedNaarden

Funding

SEC filings, press & company announcements

$105M disclosed across 1 of 2 rounds · 2026

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Norwich gene editing group scores £80m round - UKTNuktech.news · Mar 2026UK AgTech startup Tropic secures €91.3 million to bring gene-edited bananas and climate-resilient crops to market | EU-Startupseu-startups.com · Mar 2026Tropic raises $105M to scale gene-edited bananasthenextweb.com · Mar 2026Tropic Raises $105 Million Series C to Scale Commercial Rollout of Gene-Edited Tropical Crops - World Agri-Tech Innovation Summit San Francisco 2027worldagritechusa.com · Mar 2026Tropic Raises $105 Million Series C to Scale Commercial Rollout of Gene-Edited Tropical Crops | Tropictropic.bio · Mar 2026Tropic Biosciences: $105M Funding Rounds (2026) | AI Fundingaifunding.me

Frequently asked questions

What does Tropic do?
Tropic is a procurement platform that gives finance and procurement teams pricing intelligence, negotiation playbooks, and expert support to reduce spend on SaaS and AI software. It combines spend management, vendor and contract management, and market benchmarks for buyers at companies ranging from SMBs to enterprises.
Who founded Tropic?
Tropic was founded by Justin Etkin, David Campbell.
Who are Tropic's investors?
Tropic's investors include Shine Capital, Forbion.
How much funding has Tropic raised?
Tropic has disclosed $105M raised across 1 of its 2 known rounds.
Where is Tropic headquartered?
Tropic is headquartered in New York City, US.