Trokt is a fully-integrated, cloud-based negotiation management platform that removes the risk of human error from complex negotiations, mediations, and arbitrations. With Trokt, you can see what’s happening right now, in real time - in a safe and secure environment.
Trokt is the only platform that provides technological tools tailored to the processes used by negotiators, mediators, and arbitrators to codify agreements.
Trokt sells access licenses to individuals or organizations, like the National Mediation Board, allowing them the opportunity to start and manage any number of cases or documents in the system. Clients are charged a fee based on the number of active negotiations per month, with prices starting at $149 per contract per month and decreasing as the number of contracts increases.
The primary market being pursued by Trokt is the labor relations market, which supports over 14,000,000 employees nationwide in the form of hundreds of thousands of contracts and over 5,000,000 grievances or arbitrations annually.
There are currently no competitors that have worked with the Unions and Federal agencies - as Trokt has - to ensure they have a product that mimics the needs of the labor relations community.
While we have an anchor client in the National Mediation Board, we need to increase our full-time staff here in Iowa to fully realize the potential of this client and expand to new business.
Any support received would be divided between operational support and business development.