About Truewerk
Truewerk is a company based in Denver (United States) founded in 2014 by Brian Ciciora.. Truewerk has raised $39.56 million across 10 funding rounds from investors including Stride Consumer Partners, RZC Investments and Vigeo Investments. Truewerk offers products and services including T2 WerkPant, T1 WerkPant, B1 Sun Hoodie, and M2 WerkShield Jacket. Truewerk operates in a competitive market with competitors including Ministry of Supply, Ramblers Way, Belly Armor, NOBRAKES and SHUX, among others.
- Headquarter Denver, United States
- Founders Brian Ciciora
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Sectors
Retail
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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
$39.56 M (USD)
in 10 rounds
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Latest Funding Round
$7 M (USD), Series A
Jun 28, 2023
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Investors
Stride Consumer Partners
& 3 more
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Employee Count
Employee Count
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Products & Services of Truewerk
Truewerk offers a comprehensive portfolio of products and services, including T2 WerkPant, T1 WerkPant, B1 Sun Hoodie, and M2 WerkShield Jacket. 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.
Technical pants designed for high-performance and durability in demanding jobs
Stretchable pants for everyday operations and mobility
Hoodie providing UV protection and breathability for outdoor work
Jacket offering wind resistance and insulation for various conditions
Funding Insights of Truewerk
Truewerk has successfully raised a total of $39.56M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in June 2023. 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 10
- Last Round Series A — $7.0M
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First Round
First Round
(31 Oct 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series A - Truewerk | Valuation |
investors |
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| Apr, 2022 | Amount | Series A - Truewerk | Valuation | Stride Consumer |
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| Jun, 2021 | Amount | Seed - Truewerk | 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 |
Investors in Truewerk
Truewerk has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Stride Consumer Partners, RZC Investments and Vigeo Investments. 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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Stride Consumer Partners is engaged in private equity investments for consumer brands.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Vigeo Investments is operated as a private family office.
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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 Truewerk
| 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 - Truewerk
| 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 |
Truewerk Comparisons
Competitors of Truewerk
Truewerk 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 Ministry of Supply, Ramblers Way, Belly Armor, NOBRAKES and SHUX, 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 |
Eco-friendly casual wear is offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Sustainable wool apparel is manufactured and retailed by Ramblers Way.
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| domain | founded_year | HQ Location |
EMF-shielding maternity and baby apparel is offered online.
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| domain | founded_year | HQ Location |
Internet first brand offering multi-category fashion apparel for men and women
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| domain | founded_year | HQ Location |
Internet first brand offering apparel
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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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Latest news on Truewerk
Frequently Asked Questions about Truewerk
When was Truewerk founded?
Truewerk was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Truewerk located?
Truewerk is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Who is the current CEO of Truewerk?
Brian Ciciora is the current CEO of Truewerk. They have also founded this company.
Is Truewerk a funded company?
Truewerk is a funded company, having raised a total of $39.56M across 10 funding rounds to date. The company's 1st funding round was a Seed of $2.05M, raised on Oct 31, 2016.
What does Truewerk do?
Truewerk was founded in 2014 in Denver, United States, and functions as an internet-first brand in the performance apparel sector. Apparel for industrial workers, including outerwear, pants, shirts, tees, polos, and vests for men and women, is offered alongside accessories such as hats, socks, and belts. Features like abrasion resistance, moisture-wicking, breathability, and water resistance are integrated into the products.
Who are the top competitors of Truewerk?
Truewerk's top competitors include Ministry of Supply, Ramblers Way and Belly Armor.
What products or services does Truewerk offer?
Truewerk offers T2 WerkPant, T1 WerkPant, B1 Sun Hoodie, and M2 WerkShield Jacket.
Who are Truewerk's investors?
Truewerk has 4 investors. Key investors include Stride Consumer Partners, RZC Investments, Vigeo Investments, and Roundhouse Collective.
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