About TruePillars
TruePillars is a company based in Melbourne (Australia) founded in 2015. TruePillars has raised $3.92 million across 1 funding round. TruePillars operates in a competitive market with competitors including Marketlend, Loan TradeX and LendingPost, among others.
- Headquarter Melbourne, Australia
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$3.92 M (USD)
in 1 rounds
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Latest Funding Round
$3.92 M (USD), Series A
Aug 16, 2017
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Investors
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Employee Count
Not available
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People of TruePillars
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Funding Insights of TruePillars
TruePillars has successfully raised a total of $3.92M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.92 million completed in August 2017. 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.
Investments & Acquisitions by TruePillars
Investment portfolio details for TruePillars
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Financial Statements - TruePillars
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Truepillars Comparisons
Peer comparison for TruePillars
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Competitors of TruePillars
TruePillars 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 Marketlend, Loan TradeX and LendingPost, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Business term loans are facilitated via an online P2P marketplace.
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Offers a versatile platform for business loans tailored to SMEs.
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| Locked | Locked | Locked |
Hosts a digital marketplace for small business financing solutions.
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Detailed competitors of TruePillars
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Latest news on Truepillars
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Frequently Asked Questions about TruePillars
TruePillars was founded in 2015 and raised its 1st funding round 2 years after it was founded.
TruePillars is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
TruePillars is a funded company, having raised a total of $3.92M across 1 funding round to date.
TruePillars was founded in 2015 in Melbourne, Australia, within the fintech sector. A peer-to-peer platform is operated to connect investors with diversified credit portfolios for small and medium enterprises (SMEs). Borrowing and lending services are facilitated for SMEs, while three pooled investment options are offered to investors for immediate diversification across credit funds. Operations focus on everyday investors seeking exposure to SME loans.
TruePillars's top competitors include Marketlend, Loan TradeX and LendingPost.