Softrax
Softrax is a privately owned company headquartered in the US. Founded in 1999, it employs approximately 60 people and is a subsidiary of Telus. It reported $6.4M in revenue as of 2023. The company specializes in enterprise and telecoms software, focusing on automating complex billing and revenue recognition processes. Its solutions help businesses manage various billing models, including subscription and usage-based billing, while ensuring compliance with revenue accounting standards such as ASC 606 and IFRS 15.

Revenue

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Founded

1999

Headcount

58

Headquarters

US

Primary Segment

Enterprise and telecoms software

Ownership

Privately Owned

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Softrax offers products in the telecoms tech industry. Softrax's product portfolio comprises of enterprise and telecoms software.
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Softrax's revenues were less than $10M in 2023. All the revenue comes from bSS/OSS.
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Softrax has partners like Telestream.

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