About TrueState
TrueState is a company based in Sydney (Australia) founded in 2023 by William Ashford. TrueState has raised $1.5 million across 1 funding round from investors including AirTree, Side Stage Ventures and Galileo Ventures. TrueState offers products and services including Sales Excellence Model, Back-office Automation, Churn Minimisation, Cross-sell Optimization, and Automated Support. TrueState operates in a competitive market with competitors including Veritone, Anyscale, Tredence, Comet and Abacus.AI, among others.
- Headquarter Sydney, Australia
- Founders William Ashford
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Sectors
Technology
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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
Not available
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EBITDA
Not available
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Total Equity Funding
$1.5 M (USD)
in 1 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Jun 18, 2024
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Investors
AirTree
& 3 more
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Employee Count
Not available
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Products & Services of TrueState
TrueState offers a comprehensive portfolio of products and services, including Sales Excellence Model, Back-office Automation, Churn Minimisation, Cross-sell Optimization, and Automated Support.
Custom AI model for sales drivers and action recommendations.
AI agents for invoice processing and expense tracking.
Tool to identify at-risk customers and retention strategies.
AI for identifying relevant products and marketing approaches.
Uses LLMs for scalable and reliable support interactions.
Funding Insights of TrueState
TrueState has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in June 2024. 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.
Investors in TrueState
TrueState has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include AirTree, Side Stage Ventures and Galileo Ventures.
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Investments are directed toward early-stage tech startups by AirTree.
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Side Stage Ventures is focused on seed funding for early-stage startups.
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Early-stage venture capital funding is provided by Galileo Ventures.
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Investor details for TrueState
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by TrueState
Investment portfolio details for TrueState
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Financial Statements - TrueState
Detailed financials for TrueState
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- Profit trends
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Truestate Comparisons
Peer comparison for TrueState
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of TrueState
TrueState 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 Veritone, Anyscale, Tredence, Comet and Abacus.AI, among others.
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AI-driven analytics for audio and video content are provided.
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Provider of an AI-based open source framework for building distributed applications
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AI consulting, supply chain, and customer analytics services are provided.
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AI and SaaS-based ML solutions
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Provides AI based data models creation for data science
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Provider of an AI and cloud based data science platform
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Detailed competitors of TrueState
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Latest news on Truestate
Complete news archive for TrueState
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Frequently Asked Questions about TrueState
TrueState was founded in 2023 and raised its 1st funding round 1 year after it was founded.
TrueState is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
William Ashford is the current CEO of TrueState. They have also founded this company.
TrueState is a funded company, having raised a total of $1.5M across 1 funding round to date.
Platform for building AI systems. The platform offers AI technology, enabling customers to implement AI solutions. Features include containerization of core services, integration of data with models, identity and access management, GPU lifecycle management, CI or CD configuration, security compliance, infrastructure scaling automation, secure data integrations, and more.
TrueState offers Sales Excellence Model, Back-office Automation, Churn Minimisation, Cross-sell Optimization, and Automated Support.
TrueState has 4 investors. Key investors include AirTree, Side Stage Ventures, Galileo Ventures, and Imprint Capital Partners.