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October 03, 2023 | Tom Ballard

Nashville company raises $10 million to open office in Latin America

Trinetix’s forward-thinking approach has attracted a loyal clientele of industry leaders, such as Coca-Cola, P&G, ExxonMobil, Credit Agricole, Dutchie, and McDonald’s.

Nashville-based Trinetix, a leading product development company that drives transformative innovation for multi-billion dollar enterprises, announced October 3 that it has secured $10 million in funding from the investment fund Hypra. This strategic funding will enable Trinitex to complete its dynamic expansion into Latin America (Latam) to enhance operations for its North American customers and grow its presence in the Latam market.

With a strong foothold in Europe and the United States, Trinetix’s forward-thinking approach has attracted a loyal clientele of industry leaders, such as Coca-Cola, P&G, ExxonMobil, Credit Agricole, Dutchie, and McDonald’s. The funding will enable Trinetix to open an office in Latin America, which will facilitate new strategic partnerships and potential acquisitions, strengthening Trinetix’s presence in the market. It will open new doors for the region’s prominent tech talent, allowing them to work with Trinetix’s roster of Fortune 500 businesses and their world-class team, while unlocking new job opportunities — especially important in light of the global financial downturn that has swept the region. In addition to sustaining the company’s rapid growth trajectory, this expansion will strengthen its global presence and further diversify its team of top-tier tech talent, currently distributed across Ukraine, the European Union, and the U.S.

“With 12 years of market experience, Trinetix has built a diverse list of industry-leading client,” said Sasha Strozhemin, Co-Founder and Chief Executive Officer. “We’ve achieved this by providing a quality service led by our team of more than 850 industry experts. We have committed to strengthening our partners’ bottom lines over growing our own balance sheets, with over 80% of our workforce made up of senior-level talent. The incredible results we deliver to our partners have earned us a glowing reputation, as shown by our latest capital raise and a customer retention rate of 85 percent.”

 



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