About TrueAccord
TrueAccord is a company based in Lenexa (United States) founded in 2013. TrueAccord has raised $78.05 million across 6 funding rounds from investors including Assurant, Khosla Ventures and Arbor Ventures. The company has 224 employees as of December 31, 2023. TrueAccord offers products and services including HeartBeat and Late Stage Collections. TrueAccord operates in a competitive market with competitors including CreditNirvana, Valon Mortgage, InDebted, CredFlow and Satago, among others.
- Headquarter Lenexa, United States
- Employees 224 as on 31 Dec, 2023
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Sectors
Financial ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Trueaccord Corp.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$78.05 M (USD)
in 6 rounds
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Latest Funding Round
$49.05 M (USD), Series C
Jun 06, 2022
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Investors
Assurant
& 11 more
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Employee Count
224
as on Dec 31, 2023
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Products & Services of TrueAccord
TrueAccord offers a comprehensive portfolio of products and services, including HeartBeat and Late Stage Collections.
Machine learning tool for optimizing debt recovery engagement.
Services for handling advanced debt recovery processes.
People of TrueAccord
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Software Development Team
34 people
Product Management Team
13 people
Leadership Team
10 people
Data Analysis and Operations Team
9 people
Sales and Marketing
8 people
Client Team
5 people
Sr. Team
4 people
Operations Team
4 people
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Funding Insights of TrueAccord
TrueAccord has successfully raised a total of $78.05M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $49.05 million completed in June 2022. 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.
Investors in TrueAccord
TrueAccord has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Assurant, Khosla Ventures and Arbor Ventures.
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Investments in financial services are made by Arbor Ventures.
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Tech focused early stage VC firm investing in the US
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Investments in technology startups are made by Felicis Ventures.
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Investor details for TrueAccord
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by TrueAccord
Investment portfolio details for TrueAccord
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- Transaction dates
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Financial Statements - TrueAccord
Detailed financials for TrueAccord
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- Profit trends
- Statement rows
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Trueaccord Comparisons
Peer comparison for TrueAccord
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of TrueAccord
TrueAccord 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 CreditNirvana, Valon Mortgage, InDebted, CredFlow and Satago, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI/ML-driven debt management platform is offered for financial institutions.
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Cloud-native marketplace for mortgage loans
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Cloud-based debt collection solutions are offered to businesses.
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Cashflow management platform is offered to small and medium enterprises.
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Provider of a risk management platform for businesses
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AI-enabled accounts receivable solutions are provided for businesses.
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Detailed competitors of TrueAccord
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Latest news on Trueaccord
Complete news archive for TrueAccord
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Frequently Asked Questions about TrueAccord
TrueAccord was founded in 2013.
TrueAccord is headquartered in Lenexa, United States. It is registered at Lenexa, Kansas, United States.
TrueAccord is a funded company, having raised a total of $78.05M across 6 funding rounds to date.
As of Dec 31, 2023, the latest employee count at TrueAccord is 224.
TrueAccord was founded in 2013 and is based in Lenexa, United States. Analytics-driven debt recovery services are offered to enterprises, small businesses, and freelancers across sectors such as banking, credit unions, retail, e-commerce, technology, and real estate. Machine learning automation is utilized to schedule and send messages, incorporating behavioral analytics and a customer-focused approach to facilitate revenue recovery while supporting consumer debt resolution.
TrueAccord's top competitors include CreditNirvana, Valon Mortgage and InDebted.
TrueAccord offers HeartBeat and Late Stage Collections.
TrueAccord has 12 investors. Key investors include Assurant, Khosla Ventures, Arbor Ventures, Nyca Partners, and Felicis Ventures.