About TrueDime
TrueDime is a company based in New York (United States) founded in 2017. It operates as a P2P. TrueDime has raised $25 thousand across 1 funding round from investors including Hartford InsurTech Hub. TrueDime operates in a competitive market with competitors including Chapter, ExamOne, American Access Casualty Company, Mountain Health CO-OP and Final Roadmap, among others.
- Headquarter New York, United States
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Sectors
Financial Services
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25 K (USD)
in 1 rounds
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Latest Funding Round
$25 K (USD), Seed
Jun 01, 2018
- Investors
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Employee Count
Employee Count
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Funding Insights of TrueDime
TrueDime has successfully raised a total of $25K through 1 strategic funding round. The most recent funding activity was a Seed round of $25 thousand completed in June 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 1
- Last Round Seed — $25,000
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First Round
First Round
(01 Jun 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Seed - TrueDime | Valuation |
investors |
| 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 |
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Investors in TrueDime
TrueDime has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Hartford InsurTech Hub. 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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Insurance Tech accelerator backed by The Hartford
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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 TrueDime
| 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 |
Financial Statements - TrueDime
| 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 |
Truedime Comparisons
Competitors of TrueDime
TrueDime 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 Chapter, ExamOne, American Access Casualty Company, Mountain Health CO-OP and Final Roadmap, 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 |
Medicare advisory services are provided to assist older Americans.
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| domain | founded_year | HQ Location |
Provides a digital platform for life insurance services to individuals.
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| domain | founded_year | HQ Location |
Micro health insurance is offered online to individuals.
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| domain | founded_year | HQ Location |
Provides digital health insurance plans for employees and individuals.
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| domain | founded_year | HQ Location |
Offers toolkit for managing end-of-life decisions and documents.
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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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Frequently Asked Questions about TrueDime
When was TrueDime founded?
TrueDime was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is TrueDime located?
TrueDime is headquartered in New York, United States. It is registered at New York, New York, United States.
Is TrueDime a funded company?
TrueDime is a funded company, having raised a total of $25K across 1 funding round to date. The company's 1st funding round was a Seed of $25K, raised on Jun 01, 2018.
What does TrueDime do?
TrueDime operates with a P2P model, focusing on finance, offering insurance products, health insurance, and p2p platforms. Operates as a peer-to-peer platform for health insurance. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of TrueDime?
TrueDime's top competitors include Chapter, American Access Casualty Company and ExamOne.
Who are TrueDime's investors?
TrueDime has 1 investor. Key investors include Hartford InsurTech Hub.