With new AI-driven products powering growth in sales, Charlottetown-based Tracktile is laying the groundwork for its next funding round.

The company, which brings operational intelligence to food and beverage manufacturers, closed a $1.25 million seed round last October that it said would accelerate plans to offer AI-driven operating systems to clients.

It certainly did that. The company has piloted 10 AI agents to date that not only analyse the data produced by the software but also take action on it. As a result, Tracktile expects 5X revenue growth in 2026.

“Our seed round did exactly what it was intended to do,” said CEO Jordan Rose in an interview last week. He added that the board is still discussing the details of the next round but he could begin approaching investors soon.

The company first raised capital in a pre-seed round in the summer of 2024, just as generative AI was becoming mainstream. At the time, the company had a basic SaaS product that helped smooth out operations in small and medium-sized plants.

In January of this year, its 18-member team launched the first pilot of an AI agent and continued to release other products, all designed to alleviate administrative or operational burdens within food and beverage plants.

For example, let’s say a seafood producer needs to remove packages of food from its freezers and deliver them to local shops and restaurants. The Tracktile AI agents can identify where to find the correct boxes and plan to load them in a van in the correct order. All the appropriate adjustments are made to the company’s inventory. Then it can select a route for the driver that minimizes time and fuel.

The new products have helped Tracktile to increase sales 15 to 20 percent month over month for the last six months – and Rose emphasized the company has done this without “founder-led sales”. Rose has removed himself from the day-to-day sales process, leaving it to the in-house sales team. So far, Tracktile is working with about 70 plants.

Tracktile first came to the attention of the startup community two years ago when it won the Gerry Pond Award, the prize then awarded by Propel to recognize excellence in sales. More recently, it was one of three Atlantic Canadian companies accepted into Moonshot Ventures, a pitching forum at the 2026 NACO Summit in Ottawa.

Rose said that Moonshot was the first time he incorporated his own story into a pitch. Growing up, his family made its living from food production, and his summer jobs were in different components of the plant. It gave him insights into the industry and its pain points, and still helps him chatting with staff members in all parts of the plants he visits.

“It’s made a huge difference,” he said. “Our industry is blue-collar and it’s very down-to-earth. They make things day-in and day-out that feed the world.”