About TruBeacon
TruBeacon is a company based in Englewood Cliffs (United States) founded in 2014 was acquired by First Data in February 2016.. TruBeacon has raised $1 million across 1 funding round from investors including Fiserv. TruBeacon operates in a competitive market with competitors including Flutterwave, Square, Modern Treasury, HighRadius and Nuvei, among others.
- Headquarter Englewood Cliffs, United States
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Sectors
Financial Services
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Series A
Jun 13, 2014
- Investors
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Employee Count
Employee Count
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Acquired by
First Data
(Feb 01, 2016)
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Funding Insights of TruBeacon
TruBeacon has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Series A round of $1 million completed in June 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $1.0M
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First Round
First Round
(13 Jun 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Series A - TruBeacon | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TruBeacon
TruBeacon has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fiserv. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Payment processing and electronic commerce services are offered worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TruBeacon
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - TruBeacon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Trubeacon Comparisons
Competitors of TruBeacon
TruBeacon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flutterwave, Square, Modern Treasury, HighRadius and Nuvei, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Payment processing and treasury management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Autonomous finance and payment solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Payment processing solutions are delivered to merchants and businesses.
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| domain | founded_year | HQ Location |
Employee benefit administration and payment solutions are provided for enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Trubeacon
Frequently Asked Questions about TruBeacon
When was TruBeacon founded?
TruBeacon was founded in 2014.
Where is TruBeacon located?
TruBeacon is headquartered in Englewood Cliffs, United States. It is registered at Englewood Cliffs, New Jersey, United States.
Is TruBeacon a funded company?
TruBeacon is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Series A of $1M, raised on Jun 13, 2014.
What does TruBeacon do?
TruBeacon was founded in 2014 and is headquartered in Englewood Cliffs, United States. Operations focus on the fintech sector, delivering payment processing solutions tailored for businesses, white-label platforms, and credit unions. POS terminals are integrated with a proprietary app to enable unified sales management. White-label services allow QR code-based payments through consumer apps. Community institution apps are provided for payment oversight.
Who are the top competitors of TruBeacon?
TruBeacon's top competitors include Flutterwave, Square and Modern Treasury.
Who are TruBeacon's investors?
TruBeacon has 1 investor. Key investors include Fiserv.
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