Trajector, which provides software solutions for veterans and disabled individuals to determine benefit eligibility, filed on Monday with the SEC to raise up to $100 million in an initial public offering.
Trajector provides personalized, technology-enabled solutions to help individuals better understand, access, and navigate the benefit programs for which they are eligible. The company's clients primarily include US military Veterans and permanently disabled individuals, and it has served more than 250,000 clients to date. Trajector's solutions parse interrelationships among pathophysiology, pharmacology, biomechanics, and psychiatry, and enable the company to link symptoms to root cause medical conditions, which in turn allows clients to submit benefits claims to the VA or SSA, as applicable.
The Newberry, FL-based company was founded in 2014 and booked $100 million in revenue for the 12 months ended June 30, 2021. It plans to list on the Nasdaq but has not selected a symbol yet (RC ticker: TJCT.RC). Deutsche Bank, Citi, Credit Suisse, Stifel, and Cantor Fitzgerald are the joint bookrunners on the deal. No pricing terms were disclosed.
