About TrueNoord
TrueNoord is a company based in Amsterdam (Netherlands) founded in 2016.. TrueNoord has raised $400 million across 8 funding rounds from investors including Citi, Société Générale and Deutsche Bank. TrueNoord offers products and services including Aircraft Leasing, Aircraft Financing, Fleet Transition, and Asset Management. TrueNoord operates in a competitive market with competitors including AerCap, Milestone Aviation, Lease Corporation International, BOC Aviation and ACC Aviation Group, among others.
- Headquarter Amsterdam, Netherlands
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Truenoord Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$400 M (USD)
in 8 rounds
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Latest Funding Round
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Investors
Citi
& 19 more
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Employee Count
Employee Count
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Products & Services of TrueNoord
TrueNoord offers a comprehensive portfolio of products and services, including Aircraft Leasing, Aircraft Financing, Fleet Transition, and Asset Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides flexible leasing for regional aircraft to support airline operations.
Offers financing solutions for aircraft acquisition and management.
Assists with aircraft fleet upgrades and transitions for airlines.
Manages aircraft assets to optimize performance and value.
Funding Insights of TrueNoord
TrueNoord has successfully raised a total of $400M across 8 strategic funding rounds. 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 8
- Last Round Last Round
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First Round
First Round
(01 Jul 2018)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Debt – Conventional - TrueNoord | Valuation |
investors |
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| Jul, 2024 | Amount | Debt – Conventional - TrueNoord | Valuation |
investors |
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| Mar, 2024 | Amount | Debt – Conventional - TrueNoord | Valuation |
investors |
| 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 TrueNoord
TrueNoord has secured backing from 20 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, Société Générale and Deutsche Bank. 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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Multiple investment strategies are pursued by this hedge fund.
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Founded Year | Domain | Location | |
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Freshstream is engaged in partnering with entrepreneurs for business growth.
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Founded Year | Domain | Location | |
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Commercial banking services are provided by BayernLB in Germany.
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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 TrueNoord
| 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 - TrueNoord
| 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 |
Truenoord Comparisons
Competitors of TrueNoord
TrueNoord 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 AerCap, Milestone Aviation, Lease Corporation International, BOC Aviation and ACC Aviation Group, 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 |
Aircraft are leased to airlines worldwide by AerCap.
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| domain | founded_year | HQ Location |
Aviation leasing, finance, and advisory services are provided globally.
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| domain | founded_year | HQ Location |
Aircraft leasing services are provided internationally by the company.
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| domain | founded_year | HQ Location |
Aircraft leasing and management services are provided globally.
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| domain | founded_year | HQ Location |
Aircraft leasing services are provided to international aviation clients.
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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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| 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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Latest news on Truenoord
Frequently Asked Questions about TrueNoord
When was TrueNoord founded?
TrueNoord was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is TrueNoord located?
TrueNoord is headquartered in Amsterdam, Netherlands.
Who is the current CEO of TrueNoord?
Anne-Bart Tieleman is the current CEO of TrueNoord.
Is TrueNoord a funded company?
TrueNoord is a funded company, having raised a total of $400M across 8 funding rounds to date.
What does TrueNoord do?
TrueNoord was established in 2016 and is headquartered in Amsterdam, Netherlands. Aircraft leasing services are offered to airlines and operators worldwide within the aviation industry. Operations focus on regional jets and turboprops, with financing and fleet management support provided. The company is led by CEO Anne-Bart Tieleman, and its activities are centered on sustainable leasing solutions in Europe and beyond.
Who are the top competitors of TrueNoord?
TrueNoord's top competitors include AerCap, Milestone Aviation and Lease Corporation International.
What products or services does TrueNoord offer?
TrueNoord offers Aircraft Leasing, Aircraft Financing, Fleet Transition, and Asset Management.
Who are TrueNoord's investors?
TrueNoord has 20 investors. Key investors include Citi, Société Générale, Deutsche Bank, Morgan Stanley, and Absa Group.