TrueMeter Overview

  • Year Founded
  • 2024

Year Founded

  • Status
  • Private

  • Employees
  • 7

Employees

  • Latest Deal Type
  • Seed

  • Latest Deal Amount
  • $5.52M

  • Investors
  • 11

TrueMeter General Information

Description

Developer of an AI-powered energy agent designed to lower and stabilize utility costs for businesses. The company offers automated rate discovery, consolidated billing, and fixed-price payment plans, enabling retailers, food and beverage operators, health and wellness providers, and real estate managers to achieve predictable expenses and reduced energy spend.

Contact Information

Website
www.truemeter.com
Formerly Known As
EcoTrove
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 220 Montgomery Street
  • Suite 1120
  • San Francisco, CA 94104
  • United States
+1 (415)
Primary Industry
Financial Software
Vertical(s)
CleanTech, Artificial Intelligence & Machine Learning
Corporate Office
  • 220 Montgomery Street
  • Suite 1120
  • San Francisco, CA 94104
  • United States
+1 (415)

TrueMeter Timeline

20252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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TrueMeter Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Seed Round 01-Sep-2025 $5.52M Completed Generating Revenue
2. Accelerator/Incubator 18-Oct-2024 Completed Generating Revenue
1. Accelerator/Incubator Completed Startup
To view TrueMeter’s complete valuation and funding history, request access »

TrueMeter Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Seed-1
Seed-3
Seed-2 1,175,000 $0.000010 $0.6 $0.6 1x $0.6 7.11%
To view TrueMeter’s complete cap table history, request access »

TrueMeter Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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TrueMeter Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
Costanoa Ventures Venture Capital Minority
Cyan Ventures Venture Capital Minority
e2vc Venture Capital Minority
Flex Capital Venture Capital Minority
Pear (California) Venture Capital Minority
You’re viewing 5 of 11 investors. Get the full list »

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TrueMeter FAQs

  • When was TrueMeter founded?

    TrueMeter was founded in 2024.

  • Where is TrueMeter headquartered?

    TrueMeter is headquartered in San Francisco, CA.

  • What is the size of TrueMeter?

    TrueMeter has 7 total employees.

  • What industry is TrueMeter in?

    TrueMeter’s primary industry is Financial Software.

  • Is TrueMeter a private or public company?

    TrueMeter is a Private company.

  • What is the current valuation of TrueMeter?

    The current valuation of TrueMeter is .

  • What is TrueMeter’s current revenue?

    The current revenue for TrueMeter is .

  • How much funding has TrueMeter raised over time?

    TrueMeter has raised $5.52M.

  • Who are TrueMeter’s investors?

    Costanoa Ventures, Cyan Ventures, e2vc, Flex Capital, and Pear (California) are 5 of 11 investors who have invested in TrueMeter.

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