About TruCheck
TruCheck is an Energy & Utilities company based in Somerset (United States) founded in 1993, and was acquired by Sparus Holdings in February 2023. Automated meter reading solutions are provided for utilities. Its chief executive, as recorded, is Terry Ray. TruCheck offers products and services including AMR/AMI Installation, Auditing, Call Centers, Work Order Management System, and Mobile Data Collection. Its focus areas include Energy Tech, Smart Grid, Utility Management and Billing. Its competitors include Tantalus, Amberflo and PowerSecure; 2 of its 3 listed competitors have raised funding.
Company details
TruCheck was founded in 1993 in Somerset, United States, as a provider of automated meter reading solutions within the utility sector. Services encompass automatic meter reading, retrofit module installations, and post-installation maintenance and testing for gas, water, and electricity utilities. Clientele consists of municipal, private, investor-owned, and rural utilities. Approximately 1.25 million meters are monitored monthly, with over 625,000 meters retrofitted.
- Headquarters Somerset, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website tru-check.com
- Social LinkedIn
- Acquired by Sparus Holdings (Feb 2023)
- Investors
- Acquired bySparus Holdings
(Feb 2023)
Products & Services of TruCheck
TruCheck offers a comprehensive portfolio of products and services, including AMR/AMI Installation, Auditing, Call Centers, Work Order Management System, and Mobile Data Collection.
Service for installing advanced metering infrastructure systems
Process for reviewing and verifying utility metering operations
Management of support centers for utility inquiries
System for handling utility service orders efficiently
Tools for collecting data on utility metering remotely
Investors in TruCheck
TruCheck has secured backing from 1 investor. Prominent investors backing the company include Sparus Holdings.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of leak detection and pipeline inspection services | 1946 | sparusholdings.com | Peachtree Corners, United States |
Investor details for TruCheck
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People of TruCheck
1 people are tracked at TruCheck (1 in leadership).
| Name | Role | Group |
|---|---|---|
Terry Ray | CEO | Leadership |
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Timeline of TruCheck
2 dated milestones of TruCheck across 30 years, from founding to its latest funding, stage changes and deals.
- Founded TruCheck is founded.
- Exit Acquired by Sparus Holdings.
Competitors of TruCheck
TruCheck has 3 listed competitors in our database, 2 of them funded. They include Tantalus, Amberflo and PowerSecure.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tantalus.com | 1989 | Raleigh, United States | $58.7M | 42 | Smart grid communication solutions are provided for utilities by Tantalus. | |
| amberflo.io | 2020 | San Jose, United States | $15M | Cloud-based invoicing and billing solution for businesses | ||
| powersecure.com | 1991 | Wake Forest, United States | 1,030 | Energy efficiency and smart grid management solutions |
Detailed competitors of TruCheck
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Top companies in Energy Efficiency Solutions
3 companies that operate in the same segment as TruCheck (Energy Efficiency Solutions) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 |
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Related news about Trucheck
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Frequently Asked Questions about TruCheck
TruCheck was founded in 1993.
TruCheck is headquartered in Somerset, United States.
Terry Ray is the CEO of TruCheck, as recorded in our data.
TruCheck was founded in 1993 in Somerset, United States, as a provider of automated meter reading solutions within the utility sector. Services encompass automatic meter reading, retrofit module installations, and post-installation maintenance and testing for gas, water, and electricity utilities. Clientele consists of municipal, private, investor-owned, and rural utilities. Approximately 1.25 million meters are monitored monthly, with over 625,000 meters retrofitted.
TruCheck's top competitors include PowerSecure, Tantalus and Amberflo.
TruCheck offers AMR/AMI Installation, Auditing, Call Centers, Work Order Management System, and Mobile Data Collection.
TruCheck has 1 investor. Key investors include Sparus Holdings.
Yes. TruCheck was acquired by Sparus Holdings in February 2023.