TrueCommerce
About TrueCommerce
TrueCommerce is a company based in Cranberry Township (United States) founded in 1996 was acquired by Welsh, Carson, Anderson & Stowe in November 2020. TrueCommerce has raised $4 million across 2 funding rounds from investors including Welsh, Carson, Anderson & Stowe, HighJump and Innovation Works. TrueCommerce has completed 5 acquisitions, including B2BGateway, Datalliance and DiCentral. TrueCommerce offers products and services including EDI Platform, ERP Integrations, and VMI Services. TrueCommerce operates in a competitive market with competitors including Coupang, Shiprocket, Digimarc, Shippo and Sorted, among others.
- Headquarter Cranberry Township, United States
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Sectors
TechnologyTransportation, Automotive & Logistics Retail
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name True Commerce, Inc.
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Annual Revenue
$16.47 M (USD)6as on Dec 31, 2022
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4 M (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Welsh, Carson, Anderson & Stowe
& 3 more
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Employee Count
Not available
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Investments & Acquisitions
B2BGateway
& 4 more
- Acquired by
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Products & Services of TrueCommerce
TrueCommerce offers a comprehensive portfolio of products and services, including EDI Platform, ERP Integrations, and VMI Services.
Automates electronic data interchange for supply chain transactions.
Connects ERP systems with trading partners for seamless data exchange.
Manages vendor inventory to optimize stock levels and reduce stockouts.
People of TrueCommerce
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Leadership Team
19 people
Software Development Team
13 people
Implementation Team
12 people
Product Management Team
7 people
Sales and Marketing
6 people
Human Resources and Administration
5 people
Integration Team
4 people
Manager Team
4 people
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Funding Insights of TrueCommerce
TrueCommerce has successfully raised a total of $4M across 2 strategic funding rounds. 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 TrueCommerce
TrueCommerce has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Welsh, Carson, Anderson & Stowe, HighJump and Innovation Works.
| Investor | Description | Founded Year | Domain | Location |
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Software, hardware, and life sciences startups are funded and accelerated.
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Provider of a growth equity firm for adaptive and personalized plans
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Healthcare and technology sectors are targeted for private equity investments.
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Investor details for TrueCommerce
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by TrueCommerce
TrueCommerce has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include B2BGateway, Datalliance and DiCentral.
Investment portfolio details for TrueCommerce
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Web-based solutions are provided for the logistics industry.
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A B2B eCommerce platform is provided for online sales management.
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Locked | Locked | 2001 | Locked | |
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EDI supply chain software solutions are provided for data integration.
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Locked | Locked | 2000 | Locked |
Complete acquisition details for TrueCommerce
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - TrueCommerce
Detailed financials for TrueCommerce
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Truecommerce Comparisons
Peer comparison for TrueCommerce
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of TrueCommerce
TrueCommerce 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 Coupang, Shiprocket, Digimarc, Shippo and Sorted, among others.
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Multi-category consumer products are sold via an online marketplace.
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E-commerce tools for shipping, marketing, and financial services are provided.
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Anti-counterfeiting barcode solutions are supplied to brands and retailers.
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Web-based shipping solutions are provided for e-commerce businesses.
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E-commerce shipping operations are managed via SaaS platform.
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E-commerce fulfillment solutions are provided for direct-to-consumer brands.
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Detailed competitors of TrueCommerce
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Truecommerce
Complete news archive for TrueCommerce
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about TrueCommerce
TrueCommerce was founded in 1996 and raised its 1st funding round 8 years after it was founded.
TrueCommerce is headquartered in Cranberry Township, United States. It is registered at Cranberry Township, Pennsylvania, United States.
TrueCommerce is a funded company, having raised a total of $4M across 2 funding rounds to date.
Annual revenue of TrueCommerce is $16.47M as on Dec 31, 2022.
TrueCommerce was founded in 1996 and is headquartered in Cranberry Township, United States. Electronic data interchange solutions are offered to e-commerce businesses, encompassing end-to-end services such as data mapping software, network connectivity, and modules for generating advance ship notices. Operations center on streamlining data exchange processes within the e-commerce sector, supporting supply chain integration across various industries.
TrueCommerce's top competitors include Coupang, Shiprocket and Shippo.
TrueCommerce offers EDI Platform, ERP Integrations, and VMI Services.
TrueCommerce has made 5 acquisitions, including B2BGateway, Datalliance, and DiCentral.
TrueCommerce has 4 investors. Key investors include Welsh, Carson, Anderson & Stowe, HighJump, Innovation Works, and Edison Partners.