About TrueLocal
TrueLocal is a company based in Sydney (Australia) founded in 2006 was acquired by Sensis in March 2013.. TrueLocal operates in a competitive market with competitors including Yelp, Recomazing, StartLocal, Veteran Owned Business and Word Of Mouth Online, among others.
- Headquarter Sydney, Australia
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Sectors
Business 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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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Sensis
(Mar 28, 2013)
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Funding Insights of TrueLocal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investors in TrueLocal
TrueLocal has secured backing from 1 investor. Prominent investors backing the company include Thryv Australia. 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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Thryv Australia is engaged in providing digital marketing solutions.
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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 TrueLocal
| 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 - TrueLocal
| 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 |
Truelocal Comparisons
Competitors of TrueLocal
TrueLocal 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 Yelp, Recomazing, StartLocal, Veteran Owned Business and Word Of Mouth Online, 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 |
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| domain | founded_year | HQ Location |
Platform for discovering and sharing local businesses
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Business recommendations are shared among friends via a social network.
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| domain | founded_year | HQ Location |
Business Directory for local online businesses in Australia
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| domain | founded_year | HQ Location |
Functions as an online directory for local businesses.
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| domain | founded_year | HQ Location |
Local businesses are reviewed and discovered by users online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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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 TrueLocal
When was TrueLocal founded?
TrueLocal was founded in 2006.
Where is TrueLocal located?
TrueLocal is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of TrueLocal?
David Scribner is the current CEO of TrueLocal.
What does TrueLocal do?
TrueLocal was founded in 2006 in Sydney, Australia, as a directory platform in the local services sector. Consumers are enabled to search for businesses including plumbers, restaurants, and hotels, while ratings and reviews are shared to inform others. Free listings are provided for businesses, alongside paid options for improved search positioning. Ownership shifted from News Limited to Sensis, a marketing services firm.
Who are the top competitors of TrueLocal?
TrueLocal's top competitors include Yelp, Recomazing and Word Of Mouth Online.
Who are TrueLocal's investors?
TrueLocal has 1 investor. Key investors include Thryv Australia.