About TrueFace
TrueFace is a Technology company based in Las Vegas (United States) founded in 2013, and was acquired by Pangiam in June 2021. Platform offering solutions for face recognition. It operates in the Technology, Industrial Goods & Manufacturing, and Financial Services sectors. TrueFace has raised $3.7 million across 3 funding rounds from investors including Pangiam, Lavrock Ventures and Advantage Ventures. TrueFace offers products and services including Facial Recognition SDK, Supply Chain Management Solution, and Object Detection Technology. Its focus areas include High Tech, Image Recognition, Facial Recognition and Security Systems. Its competitors include BitGo, LifeLock and HYPR; 3 of its 3 listed competitors have raised funding.
Company details
TrueFace was founded in 2013 in Las Vegas, United States, within the AI and biometrics sector. Camera data is analyzed using machine learning and artificial intelligence to generate actionable information. APIs for face detection, recognition, spoof detection, and related functions are offered, enabling integration into existing systems. Face biometrics solutions are also provided to support various applications.
Products & Services of TrueFace
TrueFace offers a comprehensive portfolio of products and services, including Facial Recognition SDK, Supply Chain Management Solution, and Object Detection Technology.
Enables fast identity verification and security through AI
Optimizes production and resource management for efficiency
Detects anomalies and enhances situational awareness
Apps and channels of TrueFace
its YouTube channel BigBear.ai. has 3.41K subscribers and 5 videos.
Videos from TrueFace
The most watched videos on TrueFace's YouTube channel, BigBear.ai. (3.41K subscribers). Click a video to play it here.
More on BigBear.ai..
Funding Insights of TrueFace
TrueFace has successfully raised a total of $3.7M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.7 million completed in July 2019. 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 $3.7M
- Total Rounds 3
- Last Round Series A — $3.7M
- Investors Count 5
All 3 funding rounds of TrueFace with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2019 | $3.7M | Series A | – | Lavrock Ventures, Advantage Ventures | – |
| Aug 2017 | Seed | – | 500 Global | – | |
| Jun 2017 | Seed | – | GSV Labs, Scout Ventures | – |
6 investors in total: 6 institutional.
Investors in TrueFace
TrueFace has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Pangiam, Lavrock Ventures and Advantage Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech-focused VC investment company investing primarily in the US | lavrockvc.com | Mclean, United States | ||
| advantageventures.com | ||||
Early-stage investments in frontier technologies are led by Scout Ventures. | scout.vc | Austin, United States | ||
Venture capital and acceleration are provided to tech startups. | 500.co | Ho Chi Minh City, Vietnam | ||
Startup accelerator & incubator | gsvlabs.com | Redwood City, United States | ||
Security and consulting services are provided to airports by Pangiam. | 2020 | pangiam.com | Vienna, United States |
Investor details for TrueFace
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of TrueFace
21 people are tracked at TrueFace (6 in leadership, 15 in team).
| Name | Role | Group |
|---|---|---|
Andrew C. Meehan | Managing Partner | Leadership |
Patrick Flanagan | Founder & CEO | Leadership |
Tom Plofchan | Managing Partner | Leadership |
Simon Downey | Portfolio Director | Leadership |
Jason Lam | Director Of Software Engineering | Leadership |
Almira Cope | Executive Assistant To CEO & COO | Leadership |
Daniel Tanciar | CIO | Team |
Tawadros I. Hineen | Devops Engineer | Team |
Tricia Rawding | Project Manager | Team |
M.D. Raju Ahamed | Java Developer | Team |
Jonzo Jimenez | Ios Developer | Team |
Jake Boychenko | Mid-level Software Engineer | Team |
Phillip Zubov | Frontend Developer | Team |
Austin Godfrey | Ai/ml Project Manager | Team |
Mark Lovell | Back End Developer | Team |
Adam Barringer | Manager, Digital Identity & Client Relationships | Team |
Lindsey Jensen | Implementation Project Manager | Team |
Erika Sandy | TA Lead, Technologies | Team |
Kalyan Chakravarthy Narne | Mobile Ios Developer | Team |
Salvador Zamora | Senior Advisor | Team |
1 more people are available in the full profile.
Complete people profiles for TrueFace
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of TrueFace
4 dated milestones of TrueFace across 8 years, from founding to its latest funding, stage changes and deals.
- Founded TrueFace is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $3.7M.
- Exit Acquired by Pangiam.
Competitors of TrueFace
TrueFace has 3 listed competitors in our database, 3 of them funded. They include BitGo, LifeLock and HYPR.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bitgo.com | 2013 | Palo Alto, United States | $170.5M | 166 | Crypto-based custody, trading, and lending services are provided to institutions. | |
| lifelock.com | 2005 | Tempe, United States | $192.07M | Identity theft is protected and prevented through cyber monitoring services. | ||
| hypr.com | 2014 | New York, United States | $130.65M | Passwordless multi-factor authentication and identity assurance solutions are provided. |
Detailed competitors of TrueFace
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of TrueFace
The website of TrueFace (trueface.ai) receives about 3.3K visits a month.
- Monthly visits3.3K
▲ 65.7% vs previous month
Top companies in AI Core Platforms & Infrastructure
3 companies that operate in the same segment as TrueFace (AI Core Platforms & Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 58.07 B | 11,115 | ||
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 42,000 | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 136.81 B | 6,146 |
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Related news about Trueface
Complete news archive for TrueFace
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Frequently Asked Questions about TrueFace
TrueFace was founded in 2013 and raised its 1st funding round 4 years after it was founded.
TrueFace is headquartered in Las Vegas, United States. It is registered at Las Vegas, Nevada, United States.
TrueFace is a funded company, having raised a total of $3.7M across 3 funding rounds to date.
TrueFace was founded in 2013 in Las Vegas, United States, within the AI and biometrics sector. Camera data is analyzed using machine learning and artificial intelligence to generate actionable information. APIs for face detection, recognition, spoof detection, and related functions are offered, enabling integration into existing systems. Face biometrics solutions are also provided to support various applications.
TrueFace offers Facial Recognition SDK, Supply Chain Management Solution, and Object Detection Technology.
TrueFace has 6 investors. Key investors include Pangiam, Lavrock Ventures, Advantage Ventures, Scout Ventures, and 500 Global.
Yes. TrueFace was acquired by Pangiam in June 2021.