About TRUSSCORE
TRUSSCORE is a company based in Palmerston (Canada) founded in 2007 by Joel Koops and Steve Bosman.. TRUSSCORE has raised $20.71 million across 2 funding rounds from investors including Round13 Capital and Garage Capital. TRUSSCORE offers products and services including Wall&CeilingBoard, SlatWall, DockDeck, and NorLock. TRUSSCORE operates in a competitive market with competitors including DuPont, Taiga Building Products, Mercer Mass Timber, Northstar Clean Technologies and All-Fab, among others.
- Headquarter Palmerston, Canada
- Founders Joel Koops, Steve Bosman
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Sectors
Real Estate & Construction
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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
$20.71 M (USD)
in 2 rounds
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Latest Funding Round
$16.84 M (USD), Series A
Oct 12, 2021
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Investors
Round13 Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of TRUSSCORE
TRUSSCORE offers a comprehensive portfolio of products and services, including Wall&CeilingBoard, SlatWall, DockDeck, and NorLock. 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.
Durable PVC panels for moisture-resistant interior walls and ceilings
Modular system for organization in garages and workshops
Waterproof decking for docks and outdoor spaces
Interlocking panels for secure and versatile installations
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Funding Insights of TRUSSCORE
TRUSSCORE has successfully raised a total of $20.71M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $16.84 million completed in October 2021. 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 Series A — $16.8M
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First Round
First Round
(29 May 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series A - TRUSSCORE | Valuation | Round13 , Garage Capital |
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| May, 2020 | Amount | Seed - TRUSSCORE | 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 TRUSSCORE
TRUSSCORE has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Round13 Capital and Garage Capital. 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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Round13 Capital is engaged in venture capital investments across Canada.
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Founded Year | Domain | Location | |
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Seed-stage investments are made by Garage Capital across multiple sectors.
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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 TRUSSCORE
| 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 - TRUSSCORE
| 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 |
Trusscore Comparisons
Competitors of TRUSSCORE
TRUSSCORE 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 DuPont, Taiga Building Products, Mercer Mass Timber, Northstar Clean Technologies and All-Fab, 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 |
Developer of chemical products, construction & packaging materials, and water solutions
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| domain | founded_year | HQ Location |
Building materials are distributed wholesale across North America.
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| domain | founded_year | HQ Location |
Mass timber building materials are manufactured for sustainable construction.
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| domain | founded_year | HQ Location |
Asphalt shingles are manufactured by Northstar Clean Technologies in Canada.
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| domain | founded_year | HQ Location |
Floor, wall, roofing, and stairs are manufactured for construction.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Trusscore
Frequently Asked Questions about TRUSSCORE
When was TRUSSCORE founded?
TRUSSCORE was founded in 2007 and raised its 1st funding round 13 years after it was founded.
Where is TRUSSCORE located?
TRUSSCORE is headquartered in Palmerston, Canada. It is registered at Palmerston, Ontario, Canada.
Is TRUSSCORE a funded company?
TRUSSCORE is a funded company, having raised a total of $20.71M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.87M, raised on May 29, 2020.
What does TRUSSCORE do?
TRUSSCORE, backed by 20713670.0 from Round13, Garage Capital, focuses on real estate and construction, supplying building materials, construction materials, and diversified. Manufacturer supplier of drywall, ceiling boards, plywood, and other related materials. Driving innovation, growth, and excellence in its industry sectors.
Who are the top competitors of TRUSSCORE?
TRUSSCORE's top competitors include DuPont, Taiga Building Products and Northstar Clean Technologies.
What products or services does TRUSSCORE offer?
TRUSSCORE offers Wall&CeilingBoard, SlatWall, DockDeck, and NorLock.
Who are TRUSSCORE's investors?
TRUSSCORE has 2 investors. Key investors include Round13 Capital, and Garage Capital.