TruMarx

Chicago, United States Founded: 2009 • Age: 17 yrs
Energy products are transacted through a cloud-based online platform.
Annual revenue - Latest available
Total funding $16.2M 7 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About TruMarx

TruMarx is a company based in Chicago (United States) founded in 2009. TruMarx has raised $16.19 million across 7 funding rounds from investors including HBS Alumni Angels Association, Harvard Business School Club of Chicago and Vernon & Park Capital. TruMarx offers products and services including COMET and CG HUB. TruMarx operates in a competitive market with competitors including ShipServ, Network International, 51Zhaoyou, EnergyXchain and Shenzhen Jinhang Energy Technology, among others.

  • Headquarter Chicago, United States
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Trumarx Data Partners Inc
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $16.19 M (USD)

    in 7 rounds

  • Latest Funding Round
    $7.22 M (USD), Series B

    Oct 25, 2018

  • Investors
  • Employee Count
    Not available
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Products & Services of TruMarx

TruMarx offers a comprehensive portfolio of products and services, including COMET and CG HUB.

Product name locked
Category locked
Primary

Marketplace for energy transactions as a service with certification features.

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Centralized system for bids, offers, and emissions data in gas trading.

People of TruMarx

Headcount 1-10
Employee Profiles 8
Board Members and Advisors 14
Employee Profiles
People
Jon B. Olson
Founder & CEO
People
James Rozich
Director of Business Development, US
People
Lisa Kleeman
Director, Marketing
People
Chris Charbonneau
Business Development Manager

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Board Members and Advisors
people
Janine McArdle
Advisory Committee Member

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Funding Insights of TruMarx

TruMarx has successfully raised a total of $16.19M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $7.22 million completed in October 2018. 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 TruMarx

TruMarx has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include HBS Alumni Angels Association, Harvard Business School Club of Chicago and Vernon & Park Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Private equity investment firm
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Investor details for TruMarx

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Investments & Acquisitions by TruMarx

Investments
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Investment portfolio details for TruMarx

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  • Transaction dates
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Financial Statements - TruMarx

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Detailed financials for TruMarx

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  • Profit trends
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Trumarx Comparisons

TruMarx Primary company
Description
Energy products are transacted through a cloud-based online ...
Location
Chicago, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for TruMarx

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Competitors of TruMarx

TruMarx 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 ShipServ, Network International, 51Zhaoyou, EnergyXchain and Shenzhen Jinhang Energy Technology, among others.

Company Name Domain Founded year HQ Location Description
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Online marketplace for oil and gas equipment
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An internet marketplace for petroleum equipment and services is operated.
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Trading platform for petroleum and oil products to facilitate market transactions.
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Blockchain transaction solutions are provided for the gas industry.
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Offers a versatile platform for the oilfield marketplace.
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Detailed competitors of TruMarx

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Latest news on Trumarx

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Complete news archive for TruMarx

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Frequently Asked Questions about TruMarx

TruMarx was founded in 2009 and raised its 1st funding round 1 year after it was founded.

TruMarx is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

TruMarx is a funded company, having raised a total of $16.19M across 7 funding rounds to date.

TruMarx was founded in 2009 in Chicago, United States, as a cloud-based platform focused on energy products. Bilateral over-the-counter transactions are facilitated between buyers and sellers. Operations include price discovery, documentation automation, transaction streamlining, negotiation support, and the execution or withdrawal of proposed deals. The platform serves the energy sector by enabling efficient online exchanges.

TruMarx's top competitors include ShipServ, Network International and ExchangeBase.

TruMarx offers COMET and CG HUB.

TruMarx has 3 investors. Key investors include HBS Alumni Angels Association, Harvard Business School Club of Chicago, and Vernon & Park Capital.

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