Trevii
Trevii (Technology Trace Inc.) is a Waterloo, Ontario-based IoT company that sells FDA- and Health Canada-validated hardware and software for real-time tracking of high-value medical devices and temperature-sensitive healthcare shipments across North America.
- Company typePrivate
- Founded2016
- HeadquartersWaterloo, Canada
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Trevii does
Trevii, operated by Technology Trace Inc., is a Canadian IoT company founded in 2016 and headquartered in Waterloo, Ontario, that builds a hardware-and-software tracking solution for high-value medical devices and temperature-sensitive healthcare shipments. The core product, branded trevii, is described as the world's first boundless intelligent tracking solution certified for medical asset management, combining indoor room-level location accuracy with outdoor tracking across North America and without requiring line-of-power or IT infrastructure from the customer. Trevii's platform records real-time location, asset in-use status, asset history, and historical temperature data, and the hardware has been validated to FDA 21 CFR Part 11, Health Canada, and cGMP standards, with PIPEDA-aligned privacy practices.
The company targets three verticals — healthcare enterprises (device manufacturers and life sciences firms managing fielded fleets), hospitals (multi-facility room-level tracking without RTLS infrastructure), and healthcare logistics providers (reusable trackers that replace single-use temperature loggers) — selling through direct enterprise engagement and live demo booking. Trevii claims quantifiable outcomes including greater than 50% improvement in asset utilization and hours of daily search time saved per porter. The company is privately held, founder-led by CEO Michael Becker and co-founder/VP Engineering Daniel Fischer, with only one disclosed funding round of $30,827 from the Accelerator Centre in June 2018, and operates with 1–10 employees across Canada and the United States.
No pricing model, customer logos, recurring revenue figures, or follow-on financing are disclosed in the available source material, limiting visibility into commercial traction. The business model appears to combine hardware unit sales or leases with a software/data layer, but contract structures, gross margins, and renewal mechanics are not publicly documented.
Trevii firmographics
Firmographics- Name
- Trevii
- Legal name
- Technology Trace Inc.
- Website
- https://technologytraceinc.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Trevii (Technology Trace Inc.) is a Waterloo, Ontario-based IoT company that sells FDA- and Health Canada-validated hardware and software for real-time tracking of high-value medical devices and temperature-sensitive healthcare shipments across North America.
- Ownership category
- akta.pro rank
Trevii industry classification
Industry- Product category
- Healthcare Asset Tracking Software
- NAICS
- Surgical and Medical Instrument Manufacturing (339112)
- SIC
- Surgical & Medical Instruments & Apparatus (3841)
- akta.pro primary industry
- Connected Medical Devices & Wearables (Sensors, Patches, Implantables) (HLACAPAB)
Keywords
Where Trevii is headquartered
LocationHeadquarters
- HQ city
- Waterloo
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Trevii business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Operations
Distribution channels1 record
Marketing channels1 record
Trevii product offering
Product offeringCore offering
Trevii is an IoT-based boundless intelligent tracking solution certified for medical asset management. The platform provides real-time indoor and outdoor location tracking, asset utilization monitoring, and environmental (temperature) monitoring for medical devices across healthcare enterprises, hospitals, and healthcare logistics providers. It delivers these capabilities at a fraction of the cost of conventional in-facility Real-Time Location Systems (RTLS) without requiring IT infrastructure.
Product overview
Trevii is a unified medical asset lifecycle management platform offered by Technology Trace Inc. The core product is trevii, described as the world's first boundless intelligent tracking solution certified for medical asset management. Trevii provides real-time location and utilization tracking for medical assets across indoor and outdoor environments, along with environmental monitoring capabilities. The solution is designed for healthcare enterprises, hospitals, and healthcare logistics providers, and has been validated to FDA and Health Canada standards.
Differentiator
Problem solved
Functional benefit
Products and services
- trevii A boundless intelligent tracking solution for medical asset management that provides real-time indoor and outdoor location tracking, asset utilization and in-use status monitoring, and environmental (temperature) data recording for healthcare enterprises, hospitals, and healthcare logistics providers across North America.
Quantifiable outcome
- Improves asset utilization by over 50%
- +2 more outcomes
Companies that use Trevii
Customer profileSegments3 records
Ideal customer profiles3 records
Trevii technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Trevii partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights3 records
Trevii competitors and assessment
Company assessmentDirect peers
- Sonitor Technologies: Sonitor provides indoor ultrasound-based RTLS for hospitals, focused on real-time location of equipment, patients, and staff. It is a direct comparable to Trevii's indoor asset tracking capability, though Trevii differentiates on boundless indoor-plus-outdoor coverage.
- CenTrak: CenTrak is a leading healthcare-focused RTLS vendor offering indoor asset and patient tracking. It is the most direct comparable to Trevii as both sell location/visibility solutions to hospitals seeking to manage medical device fleets and reduce search time.
- Tive: Tive provides real-time visibility and temperature monitoring for healthcare and life-sciences shipments, closely mirroring Trevii's logistics and cold-chain monitoring use cases. Both sell into pharma/medical device shippers needing real-time location and temperature data.
Broad incumbents
- Zebra Technologies: Zebra provides RFID, barcode, and location solutions used in healthcare for tracking medical devices and supplies. It is a broad incumbent whose asset-tracking portfolio overlaps with Trevii's healthcare logistics and hospital use cases.
- GE Healthcare: GE Healthcare offers hospital asset management and RTLS-enabled solutions as part of a much larger medical equipment portfolio. It competes for the same hospital visibility and utilization budgets that Trevii targets, but typically as a wider suite of products.
- Stanley Healthcare (Securitas Healthcare): Stanley Healthcare is an established incumbent in healthcare RTLS and asset management with a large installed base in hospitals. It competes broadly with Trevii for medical asset visibility budgets, though it relies on traditional facility-bound RTLS infrastructure.
- HID Global (Asset Tracking): HID Global provides RFID and BLE-based asset tracking solutions used in healthcare for locating equipment and managing inventories. It competes for hospital and life-sciences asset visibility budgets alongside Trevii.
Emerging players
- Quuppa: Quuppa provides Bluetooth Angle-of-Arrival indoor positioning systems used for asset and personnel tracking in healthcare. It is comparable to Trevii's indoor tracking layer and competes for similar in-room accuracy use cases.
- Kontakt.io: Kontakt.io offers Bluetooth-based RTLS and IoT asset tracking hardware/software for healthcare and logistics. It overlaps with Trevii's RTLS replacement and environmental monitoring use cases, particularly in hospitals and supply-chain settings.
- Link Labs (AirFinder): Link Labs offers AirFinder, an asset tracking platform for healthcare and supply chain that combines indoor and outdoor visibility. It is comparable to Trevii's boundless tracking approach and cold-chain monitoring capabilities.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Trevii social profiles
Digital presenceTrevii compliance and trust
Trust signalCompliance4 records
Trevii financial estimates
Financial estimateRevenue estimate
Valuation estimate
Trevii leadership team
Management profileNumber of profiles
Profiles2 records
Trevii funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Trevii M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Trevii
What does Trevii do?
Trevii is an IoT-based boundless intelligent tracking solution certified for medical asset management. The platform provides real-time indoor and outdoor location tracking, asset utilization monitoring, and environmental (temperature) monitoring for medical devices across healthcare enterprises, hospitals, and healthcare logistics providers. It delivers these capabilities at a fraction of the cost of conventional in-facility Real-Time Location Systems (RTLS) without requiring IT infrastructure.
Is Trevii a public or private company?
Trevii is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Trevii founded?
Trevii was founded in 2016. It employs 1 to 10 people.
Where is Trevii based?
Trevii is headquartered in Waterloo, Canada, in the North America region.
Who are Trevii's main competitors?
Direct peers on record are Sonitor Technologies, CenTrak and Tive. Broad incumbents are Zebra Technologies, GE Healthcare, Stanley Healthcare (Securitas Healthcare) and HID Global (Asset Tracking). Emerging players are Quuppa, Kontakt.io and Link Labs (AirFinder).
Does Trevii have an API?
No public API is recorded for Trevii.
What industry is Trevii in?
Trevii's product category is Healthcare Asset Tracking Software. Its primary akta.pro industry code is HLACAPAB, Connected Medical Devices & Wearables (Sensors, Patches, Implantables). Its NAICS code is 339112 and its SIC code is 3841.