TrueDemand Software

Los Gatos, United States Founded: 2004 • Age: 22 yrs Acquired By Acosta
Inventory replenishment forecasting software is provided for CPG companies.
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About TrueDemand Software

TrueDemand Software is a company based in Los Gatos (United States) founded in 2004 was acquired by Acosta in December 2009.. TrueDemand Software has raised $21.69 million across 6 funding rounds from investors including Acosta, Supply Chain Ventures and Bay Partners. TrueDemand Software operates in a competitive market with competitors including Bazaarvoice, RELEX, Wasoko, Shelf Engine and Mad Mobile, among others.

  • Headquarter Los Gatos, United States
  • Sectors
    Technology
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Truedemand Software, Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Retail → Retail Technology & Automation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $21.69 M (USD)

    in 6 rounds

  • Latest Funding Round
    $3 M (USD), Series B

    Dec 12, 2008

  • Investors
    Acosta

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    Acosta

    (Dec 03, 2009)

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Funding Insights of TrueDemand Software

TrueDemand Software has successfully raised a total of $21.69M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $3 million completed in December 2008. 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 Rounds 6
  • Last Round Series B — $3.0M
  • First Round

    (01 Aug 2005)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2008 Amount Series B - TrueDemand Software Valuation

investors

Sep, 2008 Amount Series B - TrueDemand Software Valuation

investors

Mar, 2008 Amount Series B - TrueDemand Software Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TrueDemand Software

TrueDemand Software has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Acosta, Supply Chain Ventures and Bay Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Angel and early-stage investments in US tech startups are conducted.
Founded Year Domain Location
VC firm investing mostly in the US
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TrueDemand Software

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - TrueDemand Software

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Truedemand Software Comparisons

Employees
+
Add Comparison
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Competitors of TrueDemand Software

TrueDemand Software 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 Bazaarvoice, RELEX, Wasoko, Shelf Engine and Mad Mobile, 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
Provider of SaaS based marking solution
domain founded_year HQ Location
Unified platform for retail and supply chain planning is offered.
domain founded_year HQ Location
Online B2B marketplace offering groceries for enterprises
domain founded_year HQ Location
AI-based solution to automate orders of perishable goods
domain founded_year HQ Location
Mobile retail platform with engagement and POS solutions provided.
domain founded_year HQ Location
Cloud-based retail POS solutions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Truedemand Software

Acosta Acquires TrueDemand Software
Businesswire16 years ago

Frequently Asked Questions about TrueDemand Software

When was TrueDemand Software founded?

TrueDemand Software was founded in 2004 and raised its 1st funding round 1 year after it was founded.

Where is TrueDemand Software located?

TrueDemand Software is headquartered in Los Gatos, United States. It is registered at Los Gatos, California, United States.

Is TrueDemand Software a funded company?

TrueDemand Software is a funded company, having raised a total of $21.69M across 6 funding rounds to date. The company's 1st funding round was a Series B of $100K, raised on Aug 01, 2005.

What does TrueDemand Software do?

TrueDemand provides software and services that help CPG companies lift sales while improving store operations, replenishment and supply chain business processes. Features include: automatically detecting and predicting out of stock items at the store shelf on a daily basis, creating a daily demand forecast at the distribution center and store level, correcting inaccurate inventory levels in stores, improving the effectiveness of store operations activities, and measuring sales execution and performance across multiple retailers. The company was acquired by Acosta in Dec 2009. Company incubated inside Mayfield Fund and was launched in 2005. Walmart, Kimberly-Clark, LOreal, ConAgra and others were key customers of the company.

Who are the top competitors of TrueDemand Software?

TrueDemand Software's top competitors include RELEX, Bazaarvoice and Wasoko.

Who are TrueDemand Software's investors?

TrueDemand Software has 5 investors. Key investors include Acosta, Supply Chain Ventures, Bay Partners, CMEA Capital, and Mayfield.

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