About TrueFan AI
TrueFan AI is a Telecommunications company based in San Francisco (United States) founded in 2020 by Nevaid Aggarwal, Nimish Goel, and Devender Bindal. TrueFan AI is recognized for AI-driven video content solutions. It operates on a AI-as-a-Service and Subscription Services model in Telecommunications and Retail sectors. TrueFan AI has raised $22.1 million across 5 funding rounds from investors including Z3Partners, Saama Capital and Patni Financial Advisors. The company has 65 employees. TrueFan AI was last valued at $22.53 million in June 2022. Its Indian entity Hogwarts E-Learning Universe Private Limited reported revenue of ₹17.23 Cr. TrueFan AI offers products and services including AI Video Platform and TrueFan App. Its focus areas include Technology, Artificial Intelligence and AI Video Solutions.
Company details
TrueFan AI is focused on delivering AI-powered video content solutions for enterprises. Services are provided to major brands across industries like BFSI, travel, and pharma. Hyper-personalized video content is created in over 175 languages, enabling scalable marketing campaigns. Integration into various workflows and stacks is supported for seamless operation. Solutions are tailored for enterprise marketing, SMBs, and fan engagement through dedicated applications.
- Headquarters San Francisco, United States
- Employees 65
- Founders Nevaid Aggarwal, Nimish Goel, Devender Bindal
- Stage Minicorn
- SectorsTelecommunicationsRetail
- Email••••••••
- Phone•••• ••••
- Website truefan.in
- Social LinkedIn X Facebook
- Legal Name Hogwarts E-Learning Universe Private Limited
- Date of Incorporation 31 Jul, 2019
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹17.23 Cr
FY 2025 · +131% YoY
- Indian entity net loss-₹8.84 Cr
FY 2025 · -51% margin
- Indian entity EBITDA-₹8.13 Cr
FY 2025 · -47% margin
- Total Equity Funding$22.1M (USD)
in 5 rounds
- Latest Funding Round$6.73M (USD), Series A
Jun 2022
- InvestorsZ3Partners
& 30 more
- Employee Count65
Associated legal entities of TrueFan AI
TrueFan AI operates through Hogwarts E-Learning Universe Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hogwarts E-Learning Universe Private Limited CIN U80902DL2019PTC353293 | Active | 31 Jul 2019 | New Delhi, Delhi | ₹17.2 Cr | 65 | 2 | View details |
Products & Services of TrueFan AI
TrueFan AI offers a comprehensive portfolio of products and services, including AI Video Platform and TrueFan App.
AI videos are created for enterprise marketing needs.
Fan engagement is facilitated through this mobile application.
Funding Insights of TrueFan AI
TrueFan AI has successfully raised a total of $22.1M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $6.73 million completed in June 2022. 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 $22.1M
- Total Rounds 5
- Last Round Series A — $6.73M
- First Round $4.34M
(Mar 2020)
- Investors Count 31
All 5 funding rounds of TrueFan AI 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 |
|---|---|---|---|---|---|
| Jun 2022 | $6.73M | Series A | $22.53M | Z3Partners | |
| Jun 2022 | $6.73M | Series A | – | Z3Partners | |
| Aug 2020 | $2.82M | Seed | – | Mayfield, Saama Capital | |
| Mar 2020 | $4.34M | Seed | $9.41M | Mayfield, Anand Chandrasekaran | |
| Mar 2020 | $1.48M | Angel Round | – | Rohinton Screwavala |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $22.53M | •••••••• |
| Mar 2020 | $9.41M | •••••••• |
Last known valuation $22.53M (Jun 2022). 31 investors in total: 10 institutional and 21 angel.
Investors in TrueFan AI
TrueFan AI has secured backing from 31 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Z3Partners, Saama Capital and Patni Financial Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech and digital investing services in India. | 2019 | z3partners.com | Mumbai, India | |
Mayfield is focused on AI innovation and venture capital investments. | mayfield.com | Menlo Park, United States | ||
Early-stage VC firm | secocha.com | Miami, United States | ||
Diversified investment management firm | 2005 | patniadvisors.com | Mumbai, India | |
Venture capital funding is provided to innovative startups in India. | Mumbai, India | |||
Venture capital investments and partnerships in diverse sectors. | 2012 | saama.vc | Bengaluru, India | |
Early-stage investments in multiple industries are targeted by the firm. | Mumbai, India | |||
Venture capital firm focused on multiple sectors | Mumbai, India | |||
Offers debenture, security, and securitization trusteeship services to financial institutions. | 1997 | catalysttrustee.com | Mumbai, India | |
Limited information available |
Investor details for TrueFan AI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Hogwarts E-Learning Universe Private Limited (TrueFan AI)
Hogwarts E-Learning Universe Private Limited is the primary company behind TrueFan AI. The board of Hogwarts E-Learning Universe Private Limited currently have 2 directors; the longest-serving is Nimish Goel, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nimish Goel DIN 08525668 | Director | 31 Jul 2019 | 7 yrs 3 mo | Hogwarts E-Learning Universe Private Limited |
| Devender Bindal DIN 08297940 | Director | 20 Oct 2020 | 6 yrs | Hogwarts E-Learning Universe Private Limited |
People of TrueFan AI
3 people are tracked at TrueFan AI (3 in leadership); the tracked headcount is 65.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CTO | Leadership |
Complete people profiles for TrueFan AI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of TrueFan AI
Figures of Hogwarts E-Learning Universe Private Limited, the primary company behind TrueFan AI, for FY 2025. Revenue was ₹17.23 Cr (+131% year on year). Net loss was -₹8.84 Cr (-51% margin). EBITDA was -₹8.13 Cr (-47% margin). Revenue has grown at a compounded annual rate of +92% over three years and +507% over five years.
- ₹17.23 CrRevenue · FY 2025 · +131% YoY
- -₹8.84 CrNet loss · -51% margin
- -₹8.13 CrEBITDA · -47% margin
- ₹10.3 LakhPaid-up capital
- 65Employees (provident fund records)
- +92%Revenue CAGR, 3 years
- +507%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Hogwarts E-Learning Universe Private Limited are on its company page.
Detailed financial statements for TrueFan AI
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of TrueFan AI
4 dated milestones of TrueFan AI across 2 years, from founding to its latest funding, stage changes and deals.
- Founded TrueFan AI is founded.
- Funding First funding round of $4.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $6.7M.
Web traffic of TrueFan AI
Websites that share an audience with TrueFan AI (truefan.in).
Websites whose visitors overlap most with TrueFan AI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| amazon.in | 100% | #48 | View details |
Top companies in Communication Apps
3 companies that operate in the same segment as TrueFan AI (Communication Apps) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Family and friends are connected through location-sharing mobile app. | 2008 | San Francisco, California, United States | USD 89.74 M | USD 489.48 M | 569 | |
Live-streaming platform for user connections and content monetization is provided. | 2009 | Mountain View, California, United States | USD 373.44 M | 842 | ||
Secure private messaging and multimedia sharing are facilitated worldwide. | 2009 | Menlo Park, California, United States | USD 58.25 M | USD 19.89 M | 6,121 |
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Related news about Truefan Ai
Complete news archive for TrueFan AI
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Frequently Asked Questions about TrueFan AI
TrueFan AI was founded in 2020.
TrueFan AI is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
TrueFan AI is a funded company, having raised a total of $22.1M across 5 funding rounds to date. The company's 1st funding round was a Seed of $4.34M, raised on Mar 2020.
TrueFan AI has 65 employees.
The primary company behind TrueFan AI, Hogwarts E-Learning Universe Private Limited, reported revenue of ₹17.23 Cr for FY 2025, up 131% year on year.
TrueFan AI is focused on delivering AI-powered video content solutions for enterprises. Services are provided to major brands across industries like BFSI, travel, and pharma. Hyper-personalized video content is created in over 175 languages, enabling scalable marketing campaigns. Integration into various workflows and stacks is supported for seamless operation. Solutions are tailored for enterprise marketing, SMBs, and fan engagement through dedicated applications.
TrueFan AI offers AI Video Platform and TrueFan App.
TrueFan AI has 31 investors. Key investors include Z3Partners, Saama Capital, Patni Financial Advisors, Catalyst Trusteeship, and Mayfield.
The valuation of TrueFan AI is $22.53M as of Jun 2022.
TrueFan AI operates through Hogwarts E-Learning Universe Private Limited.
The legal entities of TrueFan AI currently have 2 directors, including Nimish Goel, Devender Bindal.