Exited
Tractive
Pasching, Austria
Acquired by Bending Spoons
Tractive is the worldwide leader in subscription-based GPS tracking and activity monitoring for dogs and cats.
"I 100% would recommend any scale-up founder to talk to the team at Guidepost Growth Equity in a fundraise - you guys were fantastic partners, always helpful, always available, transparent, fair and supportive!"
Michael Hurnaus
Founder & CEO of Tractive
How We Helped
Product & Technology
- Expanded the platform beyond GPS tracking into activity, health, and wellness monitoring to expand TAM and deepen subscriber engagement and retention
- Supported investment in health and wellness monitoring product capabilities, including sleep tracking and heart and respiratory rate monitoring, among other features
- Invested in AI capabilities to accelerate internal operational efficiency and external user engagement and experience
Strategic HR
- Supported the recruitment of experienced executives, including a Chief Marketing Officer, and the scaling of U.S. go-to-market and operations teams
- Provided significant strategic, financial, and operational support at the Board of Directors, with Guidepost General Partner Chris Cavanagh serving as a Board Director throughout the investment
- Appointed impactful Independent Director Andrew Wait (Guidepost VCG Advisor and former President, Lynda.com)
Sales & Marketing
- Drove the Company’s U.S. market expansion, building out the U.S. go-to-market organization and operations
- Invested in sales and marketing infrastructure, operations, partnerships, and strategy to support long-term scalability across a global subscriber base spanning 175+ countries
- Structured partnerships with pet insurance and nutrition companies
Strategy & Operational Finance
- Helped identify, diligence, negotiate, structure, and integrate the acquisition of Tractive’s primary competitor Whistle, bolstering Tractive’s market positioning and intellectual property portfolio
- Upgraded financial reporting systems, developing key performance indicator reports, and enhancing budgeting capabilities
- Prepared the Company for exit and negotiated the acquisition by Bending Spoons