About TruLocal
TruLocal is a company based in Houma (United States) founded in 2004 by Susan Hollingshead.. TruLocal has raised $50.02 thousand across 2 funding rounds. TruLocal operates in a competitive market with competitors including Qempo, HausMart, GoGrab, Member Marketplace and Text to Shop, among others.
- Headquarter Houma, United States
- Founders Susan Hollingshead
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Trulocal, Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$50.02 K (USD)
in 2 rounds
-
Latest Funding Round
$50.02 K (USD), Seed
Sep 14, 2020
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of TruLocal
TruLocal has successfully raised a total of $50.02K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $50.02 thousand completed in September 2020. 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 2
- Last Round Seed — $50,015
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Debt – Conventional - TruLocal | Valuation |
investors |
|
| Sep, 2020 | Amount | Seed - TruLocal | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by TruLocal
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - TruLocal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Trulocal Comparisons
Competitors of TruLocal
TruLocal 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 Qempo, HausMart, GoGrab, Member Marketplace and Text to Shop, 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 |
Crowdsourced intercity shipping services are aggregated for international shoppers online.
|
|
| domain | founded_year | HQ Location |
Omni-channel retail solutions for physical and digital selling are provided.
|
|
| domain | founded_year | HQ Location |
Online store aggregator platform
|
|
| domain | founded_year | HQ Location |
Online discovery platform aggregating local stores offering multi-category products
|
|
| domain | founded_year | HQ Location |
Mobile app converts text lists to efficient in-store shopping guides for users.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about TruLocal
When was TruLocal founded?
TruLocal was founded in 2004 and raised its 1st funding round 16 years after it was founded.
Where is TruLocal located?
TruLocal is headquartered in Houma, United States. It is registered at Houma, Louisiana, United States.
Who is the current CEO of TruLocal?
Susan Hollingshead is the current CEO of TruLocal. They have also founded this company.
Is TruLocal a funded company?
TruLocal is a funded company, having raised a total of $50.02K across 2 funding rounds to date.
What does TruLocal do?
TruLocal was founded in 2004 in Houma, United States, and operates as an e-commerce platform connecting a network of local retailers with nearby consumers. Services provided include online storefront setup, order management, and fulfillment options such as same-day delivery or in-store pickup scheduling. The platform facilitates retail outreach within local communities through digital tools tailored for small-scale sellers.