United States · Who invested in SafeTraces?
SafeTraces's investors include National Science Foundation, S2G Investments, City Light Capital, Spero Ventures and Maumee Ventures, and 1 more on record.
2017201820192020202120222023
$1.5MSeed$10MRound?Venture
United States · Venture startup
Who invested in SafeTraces
Funding summaryUpdated 26 Oct 2026
$12Mraised across 3 rounds since 2016, from 3 sources
$1.5MSeed$10MRound
- Latest round
- VentureJul 2023
- Biggest round
- $10MRound · Oct 2018
- Investors
- 6
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed, $1.5M Aug 2016
- Biggest round
- $10M Round · Oct 2018
- Usual gap between rounds
- 4.7 years the median of 2
The rounds
- Jul 2023VentureAmount undisclosed3 new
Source recorded
- Oct 2018Round$10M2 new
Spero Ventures- S2G Ventures. Bunge Ventures/ UL
Reported by FinSMEsSEC filing: $10.0M sold, first sale Sept 2018
- Aug 2016
Founders and team
From SafeTraces's own website and the SEC filings it signed: 12 on the team.
- Erik MalmstromCEO
- Jeff ZellmerCFO
- Ulrike HodgesCOO
- Francisco Dias LourencoVP, Engineering and Manufacturing
- Kenny YehHead of Biodefense and Federal Partnerships
- Nick HerediaVP, Research and Development
- Arthi PalaniappanDirector, Software Engineering
- DevOps EngineerBoard of Advisors
- Magatte AyindeBiological Research Associate
- Mark DrozdovSenior Principal Consultant / Subject Matter Expert
- Scott FitzpatrickProgram Manager
- Antonios ZografosExecutive Officer, Directori
On the board, as filediJohn KrausRob Veres
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Seed2016Round2018Venture2023
National Science Foundation
S2G Investments
City Light CapitalSpero Ventures
Maumee VenturesS2G Ventures. Bunge Ventures/ UL
National Science FoundationS2G InvestmentsCity Light CapitalSpero VenturesMaumee VenturesS2G Ventures. Bunge Ventures/ ULEveryone who backed them
S2G Ventures. Bunge Ventures/ ULno record of our own yet1round
Missing a round, or an investor who was in one? Tell us.
Quick answers about SafeTraces
How much has SafeTraces raised?
SafeTraces has raised $12M across 3 rounds since 2016. One round did not disclose an amount, so the total is a floor.
When did SafeTraces last raise?
SafeTraces's most recent round was a Venture in Jul 2023.
What was SafeTraces's biggest round?
SafeTraces's largest round on record is $10M (Undisclosed round), in Oct 2018.
Who backed SafeTraces first?
SafeTraces's first round on record, in Aug 2016, was backed by Maumee Ventures.
What stage is SafeTraces at?
SafeTraces's latest named round is a Venture, in Jul 2023.
Where is SafeTraces based?
SafeTraces is based in the United States.
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