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
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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
Employee Count
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $3.9M
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First Round
First Round
(16 Aug 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2017 | Amount | Series A - TruePillars | Valuation |
investors |
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| 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 |
Investments & Acquisitions by TruePillars
| 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 - TruePillars
| 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 |
Truepillars Comparisons
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. 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 |
Business term loans are facilitated via an online P2P marketplace.
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| domain | founded_year | HQ Location |
Offers a versatile platform for business loans tailored to SMEs.
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for small business financing solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about TruePillars
When was TruePillars founded?
TruePillars was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is TruePillars located?
TruePillars is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Is TruePillars a funded company?
TruePillars is a funded company, having raised a total of $3.92M across 1 funding round to date. The company's 1st funding round was a Series A of $3.92M, raised on Aug 16, 2017.
What does TruePillars do?
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.
Who are the top competitors of TruePillars?
TruePillars's top competitors include Marketlend, Loan TradeX and LendingPost.