Truth
About Truth
Truth is a Telecommunications company based in San Francisco (United States) founded in 2013, and was acquired by Global Cannabis Applications Corporation in April 2015. Anonymous messages are sent to contacts via app or SMS. Its focus areas include Consumer, Communication Apps, Messaging and Special Purpose. Its competitors include HearMe and Reveal Chat; 2 of its 2 listed competitors have raised funding.
Company details
Truth was founded in 2013 in San Francisco, United States, as a technology company focused on anonymous peer-to-peer messaging. Messages are sent by users to recipients in their address books without revealing sender identities. Delivery occurs through the app if the recipient is a user, or via text message otherwise. The service operates under the domain usetruth.com, serving mobile users in the communications sector.
- Headquarters San Francisco, United States
- Stage Acquired
- SectorsTelecommunications
- Website usetruth.com
- Social X Facebook
- Acquired by Global Cannabis Applications Corporation (Apr 2015)
- Investors
- Acquired byGlobal Cannabis Applications Corporation
(Apr 2015)
Funding Insights of Truth
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Truth with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2014 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Truth
Truth has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Global Cannabis Applications Corporation and FounderFuel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
FounderFuel is recognized as a leading startup accelerator in Canada. | founderfuel.com | Canada | ||
Data source provider for medical cannabis community | 2015 | cannappscorp.com | Vancouver, Canada |
Investor details for Truth
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Truth
3 dated milestones of Truth across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Truth is founded.
- Funding First funding round.
- Exit Acquired by Global Cannabis Applications Corporation.
Competitors of Truth
Truth has 2 listed competitors in our database, 2 of them funded. They include HearMe and Reveal Chat.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hearme.app | 2018 | New York, United States | $1.02M | Anonymous mobile chats with listeners are enabled for users. | ||
| revealchat.com | 2011 | Seattle, United States | $2M | Anonymous chat connections are enabled instantly for users. |
Detailed competitors of Truth
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Communication Apps
3 companies that operate in the same segment as Truth (Communication Apps) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Family and friends are connected through location-sharing mobile app. | 2008 | San Francisco, California, United States | USD 89.74 M | USD 489.48 M | 569 | |
Live-streaming platform for user connections and content monetization is provided. | 2009 | Mountain View, California, United States | USD 373.44 M | 842 | ||
Secure private messaging and multimedia sharing are facilitated worldwide. | 2009 | Menlo Park, California, United States | USD 58.25 M | USD 19.89 M | 6,121 |
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Frequently Asked Questions about Truth
Truth was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Truth is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Truth was founded in 2013 in San Francisco, United States, as a technology company focused on anonymous peer-to-peer messaging. Messages are sent by users to recipients in their address books without revealing sender identities. Delivery occurs through the app if the recipient is a user, or via text message otherwise. The service operates under the domain usetruth.com, serving mobile users in the communications sector.
Truth's top competitors include HearMe and Reveal Chat.
Truth has 2 investors. Key investors include Global Cannabis Applications Corporation, and FounderFuel.
Yes. Truth was acquired by Global Cannabis Applications Corporation in April 2015.