About TrueBlue
TrueBlue is a company based in Tacoma (United States) founded in 1989. It operates as a Professional Services, and Managed Services. The company has 4,200 employees as of December 31, 2024. TrueBlue has completed 5 acquisitions, including MDT Personnel, PeopleReady and SIMOS Solutions. TrueBlue offers products and services including On-Demand & Temporary Staffing, Professional & Specialized Staffing, Skilled Staffing, and Workforce Management & Compliance. TrueBlue operates in a competitive market with competitors including ADP, UKG, Randstad, Bullhorn and Insperity, among others.
- Headquarter Tacoma, United States
- Employees 4200 as on 31 Dec, 2024
- Stage Public
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Sectors
Business Services
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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 Trueblue, Inc.
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Annual Revenue
$1.57 B-17.78as on Dec 31, 2024
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Net Profit
$-125.75 M-787.24as on Dec 31, 2024
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EBITDA
$-1.08 M-115.27as on Dec 31, 2024
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Latest Funding Round
$300 M (USD), Debt – Conventional
Jul 31, 2018
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Investors
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Employee Count
4200
as on Dec 31, 2024
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Investments & Acquisitions
MDT Personnel
& 4 more
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IPO & Listings of TrueBlue
TrueBlue is a publicly listed company on the NYSE with ticker symbol TBI in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of TrueBlue
TrueBlue offers a comprehensive portfolio of products and services, including On-Demand & Temporary Staffing, Professional & Specialized Staffing, Skilled Staffing, and Workforce Management & Compliance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Short and long-term staffing solutions are provided efficiently.
RPO and talent advisory services are offered professionally.
Skilled trades and drivers are supplied as needed.
Managed services for compliance are delivered to clients.
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Software Development Team
129 people
Human Resources and Administration
32 people
Leadership Team
29 people
Legal and Compliance
17 people
Finance and Accounting
15 people
Sales and Marketing
14 people
Senior Team
11 people
Market Team
7 people
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Funding Insights of TrueBlue
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $300.0M
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First Round
First Round
(31 Jul 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2018 | Amount | Debt – Conventional - TrueBlue | 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 |
Investments & Acquisitions by TrueBlue
TrueBlue has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include MDT Personnel, PeopleReady and SIMOS Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Temporary blue-collar staffing is supplied to multiple industries.
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2010 | ||||
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Staffing and recruiting services are provided to businesses across industries.
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2005 | ||||
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SIMOS solutions are provided to organizations from Milton, United States.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TrueBlue
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Trueblue Comparisons
Competitors of TrueBlue
TrueBlue 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 ADP, UKG, Randstad, Bullhorn and Insperity, 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 |
Cloud-based HR management solutions are offered for payroll and compliance.
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| domain | founded_year | HQ Location |
Provider of HR and payroll & workforce management solutions
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| domain | founded_year | HQ Location |
HR consulting, recruitment, and outsourcing services are offered worldwide.
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| domain | founded_year | HQ Location |
Cloud-based ATS and CRM systems are offered for staffing agencies.
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| domain | founded_year | HQ Location |
HR outsourcing services are provided to businesses by Insperity.
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| domain | founded_year | HQ Location |
HR, insurance, and liability services are provided by Alera Group.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Trueblue
Frequently Asked Questions about TrueBlue
When was TrueBlue founded?
TrueBlue was founded in 1989 and raised its 1st funding round 29 years after it was founded.
Where is TrueBlue located?
TrueBlue is headquartered in Tacoma, United States. It is registered at Tacoma, Washington, United States.
Who is the current CEO of TrueBlue?
Taryn Owen is the current CEO of TrueBlue.
How many employees does TrueBlue have?
As of Dec 31, 2024, the latest employee count at TrueBlue is 4,200.
What is the annual revenue of TrueBlue?
Annual revenue of TrueBlue is $1.57B as on Dec 31, 2024.
What does TrueBlue do?
TrueBlue is established as a key player in delivering workforce solutions across various industries. Services are provided through a family of brands including PeopleReady, PeopleScout, and Staff Management SMX. Solutions are offered for on-demand staffing, professional recruitment, and skilled trades. Industries served include construction, healthcare, hospitality, manufacturing, retail, and logistics. Technology and local expertise are integrated to ensure scalable and effective talent connections. Support is extended to both businesses and job seekers globally.
Who are the top competitors of TrueBlue?
TrueBlue's top competitors include Randstad, Alera Group and UKG.
What products or services does TrueBlue offer?
TrueBlue offers On-Demand & Temporary Staffing, Professional & Specialized Staffing, Skilled Staffing, and Workforce Management & Compliance.
Is TrueBlue publicly traded?
Yes, TrueBlue is publicly traded on NYSE under the ticker symbol TBI.
How many acquisitions has TrueBlue made?
TrueBlue has made 5 acquisitions, including MDT Personnel, PeopleReady, and SIMOS Solutions.
What is TrueBlue's ticker symbol?
The ticker symbol of TrueBlue is TBI on NYSE.