The Company
The STRAX Platform delivers improved situational awareness, information dissemination, communication, collaboration tools, data analysis and actionable intelligence. The open architecture design provides for current and future data fusion, enabling integrations of video, data, legacy systems, as well as innovative new technologies. STRAX enables the creation of a real-time response network by integrating public and private solutions, including operational and security systems, databases, mobile applications, buttons/sensors, and video feeds from security cameras, helicopters, and drones, used in conjunction with edge/cloud Artificial Intelligence (AI) generated alerts. Through this network, STRAX can provide connected building video, sensor data, and floor plans directly to the screens of 911 telecommunications and responders. STRAX provides its platform and services to a wide range of customers including public safety organizations, government agencies, and commercial sites.
The Partnership
STRAX Intelligence Group is led by Scott Adams, who has a proven track record of building, scaling, and successfully exiting high growth technology businesses. Topmark has worked with Scott Adams for over 20 years, since serving together on the board of directors of a portfolio company in a legacy fund. The mutual respect developed between Topmark and Scott over years of successful partnership led to a desire to work together in the launch of STRAX. As an active and collaborative board member, Topmark has assisted in developing the market approach and pricing strategy and has provided ongoing advice and guidance related to forecasting, corporate finance, and overall strategy.
Topmark invested in STRAX through a legacy fund and exited its investment with the sale of the company to Utility, Inc. in 2024.