TrueFace

Las Vegas, United States Founded: 2013 • Age: 13 yrs Acquired By Pangiam
Platform offering solutions for face recognition
Annual revenue - Latest available
Total funding $3.7M 3 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About TrueFace

TrueFace is a company based in Las Vegas (United States) founded in 2013 was acquired by Pangiam in June 2021. 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. TrueFace operates in a competitive market with competitors including BitGo, Megvii, Yoti, LifeLock and HYPR, among others.

  • Headquarter Las Vegas, United States
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
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  • Phone
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  • Website
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Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.7 M (USD)

    in 3 rounds

  • Latest Funding Round
    $3.7 M (USD), Series A

    Jul 31, 2019

  • Investors
    Pangiam

    & 5 more

  • Employee Count
    Not available
  • Acquired by
    Pangiam

    (Jun 02, 2021)

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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.

Product name locked
Category locked
Primary

Enables fast identity verification and security through AI

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Optimizes production and resource management for efficiency

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Detects anomalies and enhances situational awareness

People of TrueFace

Headcount 1-10
Employee Profiles 21
Employee Profiles
People
Andrew C. Meehan
Managing Partner
People
Daniel Tanciar
CIO
People
Tawadros I. Hineen
Devops Engineer
People
Patrick Flanagan
Founder & CEO

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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.

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.

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Venture Fund
Investor Description Founded Year Domain Location
Early-stage tech-focused VC investment company investing primarily in the US
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Early-stage investments in frontier technologies are led by Scout Ventures.
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Investor details for TrueFace

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Investments & Acquisitions by TrueFace

Investments
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Investment portfolio details for TrueFace

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Financial Statements - TrueFace

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Detailed financials for TrueFace

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Trueface Comparisons

TrueFace Primary company
Description
Platform offering solutions for face recognition
Location
Las Vegas, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for TrueFace

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Competitors of TrueFace

TrueFace 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 BitGo, Megvii, Yoti, LifeLock and HYPR, among others.

Company Name Domain Founded year HQ Location Description
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Crypto-based custody, trading, and lending services are provided to institutions.
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Facial recognition and AI video analysis solutions are provided.
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Identity verification solutions are provided for multiple industries digitally.
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Identity theft is protected and prevented through cyber monitoring services.
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Passwordless multi-factor authentication and identity assurance solutions are provided.
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Digital identity solutions company providing facial biometrics and digital admission solutions
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Detailed competitors of TrueFace

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Latest news on Trueface

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Complete news archive for TrueFace

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  • Source and publication date
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  • Brand-specific news history

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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's top competitors include Megvii, Yoti and BitGo.

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.

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