True Sparrow Overview
- Year Founded
-
2007
- Status
-
Acquired/Merged
- Employees
-
36
- Latest Deal Type
-
2ndary - Private
- Investors
-
22
True Sparrow General Information
Description
Developer of a product studio designed to help companies design, develop, and launch path-breaking products. The company helps with building and launching new applications from scratch or working on complex integrations, enabling clients to build software products thereby helping them grow.
Contact Information
Website
www.truesparrow.com(Operating Subsidiary)
Corporate Office
- C/O Akshay Shah & Co
- Khothi Pole Raopura
- Vadodara, Gujarat 390001
- India
Corporate Office
- C/O Akshay Shah & Co
- Khothi Pole Raopura
- Vadodara, Gujarat 390001
- India
True Sparrow Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Secondary Transaction - Private | 01-Sep-2022 | Completed | Generating Revenue | |||
| 6. Seed Round | 22-Jun-2022 | Completed | Generating Revenue | |||
| 5. Seed Round | 13-Dec-2021 | Completed | Generating Revenue | |||
| 4. Seed Round | 07-Apr-2021 | Completed | Generating Revenue | |||
| 3. Seed Round | 01-Oct-2018 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 08-Mar-2017 | $350K | $350K | Completed | Generating Revenue | |
| 1. Merger/Acquisition | 07-Nov-2012 | Completed | Generating Revenue |
True Sparrow Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-4 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | ||||||||
| Seed-1 | 9,535,388 | $0.000010 | $0.28 | $0.28 | 1x | $0.28 | 27.77% | |
| Pre-Seed | 14,313,249 | $0.000010 | $0.33 | $0.33 | 1x | $0.33 | 41.68% |
True Sparrow Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
True Sparrow Former Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Gaingels | Venture Capital | Minority |
True Sparrow FAQs
-
When was True Sparrow founded?
True Sparrow was founded in 2007.
-
Where is True Sparrow headquartered?
True Sparrow is headquartered in Vadodara, India.
-
What is the size of True Sparrow?
True Sparrow has 36 total employees.
-
What industry is True Sparrow in?
True Sparrow’s primary industry is Software Development Applications.
-
Is True Sparrow a private or public company?
True Sparrow is a Private company.
-
What is True Sparrow’s current revenue?
The current revenue for True Sparrow is .
-
How much funding has True Sparrow raised over time?
True Sparrow has raised $8.75M.
-
Who are True Sparrow’s investors?
Gaingels has invested in True Sparrow.
-
When was True Sparrow acquired?
True Sparrow was acquired on 01-Sep-2022.
-
Who acquired True Sparrow?
True Sparrow was acquired by Fab.
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