About Truflation
Truflation is a company based in San Francisco (United States) founded in 2021.. Truflation has raised $6 million across 3 funding rounds from investors including Coinbase, Abra and Chainlink. Truflation operates in a competitive market with competitors including Morningstar, IHS Markit, Intercontinental Exchange, CME Group and Bloomberg, among others.
- Headquarter San Francisco, United States
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Sectors
TechnologyFinancial 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
$6 M (USD)
in 3 rounds
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Latest Funding Round
$525.18 K (USD), Token Sale
Apr 09, 2024
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Investors
Coinbase
& 12 more
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Employee Count
Employee Count
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Funding Insights of Truflation
Truflation has successfully raised a total of $6M across 3 strategic funding rounds. The most recent funding activity was a Token Sale round of $525.18 thousand completed in April 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Token Sale — $525,180
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Token Sale - Truflation | Valuation |
investors |
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| Feb, 2024 | Amount | Series A - Truflation | Valuation | Laser Digital , Red Beard Ventures |
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| Sep, 2023 | Amount | Seed - Truflation | Valuation | Base |
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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 Truflation
Truflation has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Coinbase, Abra and Chainlink. 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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Blockchain, AR/VR, fintech investments are made by Red Beard Ventures.
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Founded Year | Domain | Location | |
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Four Seasons Ventures is engaged in seed and growth equity investments.
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Founded Year | Domain | Location | |
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Venture capital is provided to crypto, DeFi, and NFT startups.
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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 Truflation
| 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 - Truflation
| 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 |
Truflation Comparisons
Competitors of Truflation
Truflation 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 Morningstar, IHS Markit, Intercontinental Exchange, CME Group and Bloomberg, 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 |
Financial data and investment advisory tools are offered online.
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| domain | founded_year | HQ Location |
Online data source platform for information, analytics, and solutions for governments and financial markets
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| domain | founded_year | HQ Location |
Private and financial market data analytics solutions are provided.
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| domain | founded_year | HQ Location |
Online trading and financial data exchange marketplace for capital assets
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| domain | founded_year | HQ Location |
Provider of financial data to enterprises
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| domain | founded_year | HQ Location |
Platform offering business intelligence solutions that combine data and actionable analytics for clients
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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 Truflation
Frequently Asked Questions about Truflation
When was Truflation founded?
Truflation was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Truflation located?
Truflation is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Truflation a funded company?
Truflation is a funded company, having raised a total of $6M across 3 funding rounds to date.
What does Truflation do?
Truflation was founded in 2021 in San Francisco, United States, within the fintech sector. An online platform is maintained to deliver real-time financial data. Daily inflation rates, derived from unbiased and data-driven sources, are calculated and made available on-chain specifically for DeFi products. Operations focus on integrating these metrics into blockchain applications, supporting developers and users in decentralized finance environments across global markets.
Who are the top competitors of Truflation?
Truflation's top competitors include Morningstar, IHS Markit and CME Group.
Who are Truflation's investors?
Truflation has 13 investors. Key investors include Coinbase, Abra, Chainlink, Laser Digital, and Base.