TrueComp Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 50

Employees

  • Latest Deal Type
  • Debt

  • Investors
  • 8

TrueComp General Information

Description

Developer of a financial forecasting platform designed to visualize costs and liabilities and understand complex actuarial data on an analytical platform. The company's software uses an analytic tool to analyze actuarial information and liabilities, communicate actuarial assumptions, and make informed decisions, enabling the government to solve problems related to unfunded pension, post-employment benefits, and debt.

Contact Information

Website
www.truecomp.com
Formerly Known As
GovInvest
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 8605 Santa Monica Boulevard
  • PMB 52465
  • West Hollywood, CA 90069
  • United States
+1 (310)
Primary Industry
Other Financial Services
Other Industries
Financial Software
Vertical(s)
SaaS, TMT, FinTech
Corporate Office
  • 8605 Santa Monica Boulevard
  • PMB 52465
  • West Hollywood, CA 90069
  • United States
+1 (310)

TrueComp Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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TrueComp Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Debt - General Completed Generating Revenue
7. Secondary Transaction - Private 19-Aug-2024 Completed Generating Revenue
6. Later Stage VC (Series A) 15-Nov-2022 Completed Generating Revenue
5. Later Stage VC (Series A1) 12-Jan-2021 Completed Generating Revenue
4. Debt - PPP 15-Apr-2020 Completed Generating Revenue
3. Accelerator/Incubator 01-Jan-2019 Completed Generating Revenue
2. Seed Round 11-Jan-2017 $2.17M $3.21M Completed Generating Revenue
1. Seed Round 14-Dec-2016 $1.03M $1.03M Completed Generating Revenue
To view TrueComp’s complete valuation and funding history, request access »

TrueComp Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A-5
Series A-4
Series A-3
Series A-2
Series A-1
Seed-3
Seed-2 901,095 $0.000100 8% $0.66 $0.66 1x $0.66 3.24%
Seed-1 1,019,402 $0.000100 8% $1.02 $1.02 1x $1.02 3.66%
To view TrueComp’s complete cap table history, request access »

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TrueComp Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a financial forecasting platform designed to visualize costs and liabilities and understand complex actuari
Other Financial Services
West Hollywood, CA
50 As of 2024

Toronto, Canada
 

Seattle, WA
 
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TrueComp Competitors (2)

One of TrueComp’s 2 competitors is Vena Solutions, a Private Equity-Backed company based in Toronto, Canada.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Vena Solutions Private Equity-Backed Toronto, Canada
Kepion Corporation Seattle, WA
You’re viewing 2 of 2 competitors. Get the full list »

TrueComp Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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TrueComp Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
Level Equity Growth/Expansion Minority
Tempo Ventures Venture Capital Minority
Civstart Accelerator/Incubator
CSC UpShot Ventures Venture Capital Minority
Govtech Fund Venture Capital Minority
You’re viewing 5 of 8 investors. Get the full list »

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TrueComp FAQs

  • When was TrueComp founded?

    TrueComp was founded in 2014.

  • Where is TrueComp headquartered?

    TrueComp is headquartered in West Hollywood, CA.

  • What is the size of TrueComp?

    TrueComp has 50 total employees.

  • What industry is TrueComp in?

    TrueComp’s primary industry is Other Financial Services.

  • Is TrueComp a private or public company?

    TrueComp is a Private company.

  • What is TrueComp’s current revenue?

    The current revenue for TrueComp is .

  • How much funding has TrueComp raised over time?

    TrueComp has raised $19.1M.

  • Who are TrueComp’s investors?

    Level Equity, Tempo Ventures, Civstart, CSC UpShot Ventures, and Govtech Fund are 5 of 8 investors who have invested in TrueComp.

  • Who are TrueComp’s competitors?

    Vena Solutions and Kepion are competitors of TrueComp.

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