About Truecaller
Truecaller is a company based in Stockholm (Sweden) founded in 2009 by Alan Mamedi. It operates as a Freemium, and Subscription Services. Truecaller has raised $96.76 million across 7 funding rounds from investors including Kleiner Perkins, Peak XV Partners and Atomico. The company has 418 employees as of December 31, 2024. Truecaller has completed 4 acquisitions, including CallHero, Chillr and MessAI. Truecaller offers products and services including Truecaller App, Truecaller Gold, and Truecaller Assistant. Truecaller operates in a competitive market with competitors including Hiya, Whoscall, Vyng, CallApp and PrivacyStar, among others.
- Headquarter Stockholm, Sweden
- Employees 418 as on 31 Dec, 2024
- Founders Alan Mamedi
- Stage Public
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Sectors
Technology
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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 Truecaller Ab Class B
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Annual Revenue
$168.63 M (USD)7.77as on Dec 31, 2024
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Net Profit
$47.54 M (USD)-2.24as on Dec 31, 2024
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EBITDA
$75.54 M (USD)6.9as on Dec 31, 2024
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Total Equity Funding
$96.76 M (USD)
in 7 rounds
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Latest Funding Round
$5.5 M (USD), Series C
Oct 10, 2018
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Investors
Kleiner Perkins
& 8 more
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Employee Count
418
as on Dec 31, 2024
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Investments & Acquisitions
CallHero
& 3 more
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IPO & Listings of Truecaller
Truecaller is a publicly listed company on the OMXSTO with ticker symbol TRUE_B in Sweden, operating in the Technology 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 Truecaller
Truecaller offers a comprehensive portfolio of products and services, including Truecaller App, Truecaller Gold, and Truecaller Assistant. 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.
Caller ID and spam blocking app is provided.
Premium caller ID features are offered for users.
AI-powered call screening service is provided to users.
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Funding Insights of Truecaller
Truecaller has successfully raised a total of $96.76M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $5.5 million completed in October 2018. 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 7
- Last Round Series C — $5.5M
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First Round
First Round
(18 Sep 2012)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Series C - Truecaller | Valuation |
investors |
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| Dec, 2016 | Amount | Series C - Truecaller | Valuation | Zenith Group | |
| Jun, 2016 | Amount | Angel Round - Truecaller | Valuation | Arun Sarin |
| 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 Truecaller
Truecaller has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Kleiner Perkins, Peak XV Partners and Atomico. 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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Early-stage investments are provided to B2B software and AI companies.
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Founded Year | Domain | Location | |
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Early-stage tech-focused VC firm investing primarily in Sweden
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Founded Year | Domain | Location | |
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Single family office of Arun Sarin
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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 Truecaller
Truecaller has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include CallHero, Chillr and MessAI. 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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Cloud-based conversational bots are provided for lead nurturing and routing.
|
2018 | ||||
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Provides financial data analysis and harvesting solutions for businesses.
|
2017 | ||||
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Fake users are identified and removed using AI-enabled algorithms.
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2017 |
| 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 - Truecaller
| 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 |
Truecaller Comparisons
Competitors of Truecaller
Truecaller 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 Hiya, Whoscall, Vyng, CallApp and PrivacyStar, 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 |
Hiya is focused on providing AI-driven voice solutions and caller ID services.
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| domain | founded_year | HQ Location |
Unknown phone numbers are identified and scam calls are filtered.
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| domain | founded_year | HQ Location |
Blockchain-based caller ID app is provided for Android users.
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| domain | founded_year | HQ Location |
Provider of a caller ID app
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| domain | founded_year | HQ Location |
Caller ID and blocking service application
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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 Truecaller
Frequently Asked Questions about Truecaller
When was Truecaller founded?
Truecaller was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is Truecaller located?
Truecaller is headquartered in Stockholm, Sweden.
Who is the current CEO of Truecaller?
Alan Mamedi is the current CEO of Truecaller. They have also founded this company.
Is Truecaller a funded company?
Truecaller is a funded company, having raised a total of $96.76M across 7 funding rounds to date.
How many employees does Truecaller have?
As of Dec 31, 2024, the latest employee count at Truecaller is 418.
What is the annual revenue of Truecaller?
Annual revenue of Truecaller is $168.63M as on Dec 31, 2024.
What does Truecaller do?
Truecaller is established as a global leader in caller ID and spam blocking software. Services are provided to over 450 million users worldwide, focusing on identifying unknown calls and protecting against spam and fraud. Solutions are offered across mobile platforms, including AI-powered features for real-time insights and call screening. The company is also engaged in research on call and SMS harassment, contributing to user safety in the communication sector.
Who are the top competitors of Truecaller?
What products or services does Truecaller offer?
Truecaller offers Truecaller App, Truecaller Gold, and Truecaller Assistant.
Is Truecaller publicly traded?
Yes, Truecaller is publicly traded on OMXSTO under the ticker symbol TRUE_B.
How many acquisitions has Truecaller made?
Who are Truecaller's investors?
Truecaller has 9 investors. Key investors include Kleiner Perkins, Peak XV Partners, Atomico, Zenith VC, and Inbox Capital.
What is Truecaller's ticker symbol?
The ticker symbol of Truecaller is TRUE_B on OMXSTO.
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