Truecaller

Stockholm, Sweden Founded: 2009 • Age: 17 yrs
Truecaller is recognized as a leader in caller ID and spam blocking software.
Annual revenue $168.6M Latest available
Total funding $96.8M 7 rounds
Employees 418 Tracked headcount
Investors 9 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

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 5 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
  • Sectors
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Truecaller Ab Class B
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $168.63 M (USD)
    7.77
    as on Dec 31, 2024
  • Net Profit
    $47.54 M (USD)
    -2.24
    as on Dec 31, 2024
  • EBITDA
    $75.54 M (USD)
    6.9
    as on Dec 31, 2024
  • Total Equity Funding
    $96.76 M (USD)

    in 7 rounds

  • Latest Funding Round
    $5.5 M (USD), Series C

    Oct 10, 2018

  • Investors
  • Employee Count
    418

    as on Dec 31, 2024

  • Investments & Acquisitions
    CallHero

    & 4 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.

Exchange: OMXSTO · Ticker: TRUE_B · Sector: Technology services · Sweden

Products & Services of Truecaller

Truecaller offers a comprehensive portfolio of products and services, including Truecaller App, Truecaller Gold, and Truecaller Assistant.

Product name locked
Category locked
Primary

Caller ID and spam blocking app is provided.

Product name locked
Category locked
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Premium caller ID features are offered for users.

Product name locked
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AI-powered call screening service is provided to users.

People of Truecaller

Headcount 200-500
Employee Profiles 1
Board Members and Advisors 6
Employee Profiles
People
Alan Mamedi
Co-founder & Board Member

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Board Members and Advisors
people
Stefan Lennhammer
Board Member
people
Jerry Murdock
Board Member
people
Shailesh Lakhani
Board Member
people
John Doerr
Board Member

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Teams

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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.

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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Early-stage investments are provided to B2B software and AI companies.
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Early-stage tech-focused VC firm investing primarily in Sweden
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Single family office of Arun Sarin
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Investor details for Truecaller

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  • Participation history

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Investments & Acquisitions by Truecaller

Truecaller has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include CallHero, Chillr and MessAI.

Investments
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Investment portfolio details for Truecaller

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  • Portfolio identities
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based conversational bots are provided for lead nurturing and routing.
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Provides financial data analysis and harvesting solutions for businesses.
Locked Locked 2017 Locked
Fake users are identified and removed using AI-enabled algorithms.
Locked Locked 2017 Locked
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Complete acquisition details for Truecaller

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Truecaller

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Detailed financials for Truecaller

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Truecaller Comparisons

Truecaller Primary company
Description
Truecaller is recognized as a leader in caller ID and spam b...
Location
Stockholm, Sweden
Founded Year
2009
Annual Revenue
$168.63 M (USD)
Net Profit
$47.54 M (USD)
EBITDA
$75.54 M (USD)
Employees
418
As of 2024
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Peer comparison for Truecaller

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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.

Company Name Domain Founded year HQ Location Description
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Hiya is focused on providing AI-driven voice solutions and caller ID services.
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Unknown phone numbers are identified and scam calls are filtered.
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Blockchain-based caller ID app is provided for Android users.
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Provider of a caller ID app
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Caller ID and blocking service application
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Detailed competitors of Truecaller

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  • Domains and locations
  • Full company profiles
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Latest news on Truecaller

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Complete news archive for Truecaller

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Frequently Asked Questions about Truecaller

Truecaller was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Truecaller is headquartered in Stockholm, Sweden.

Alan Mamedi is the current CEO of Truecaller. They have also founded this company.

Truecaller is a funded company, having raised a total of $96.76M across 7 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Truecaller is 418.

Annual revenue of Truecaller is $168.63M as on Dec 31, 2024.

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.

Truecaller's top competitors include Hiya, Vyng and CallApp.

Truecaller offers Truecaller App, Truecaller Gold, and Truecaller Assistant.

Yes, Truecaller is publicly traded on OMXSTO under the ticker symbol TRUE_B.

Truecaller has made 5 acquisitions, including CallHero, Chillr, and MessAI.

Truecaller has 9 investors. Key investors include Kleiner Perkins, Peak XV Partners, Atomico, Zenith VC, and Inbox Capital.

The ticker symbol of Truecaller is TRUE_B on OMXSTO.

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