About Truthset
Truthset is a company based in San Francisco (United States) founded in 2019 by Scott M McKinley. It operates as a B2B. Truthset has raised $19.38 million across 3 funding rounds from investors including Data Point Capital, super{set} and Ulu Ventures. Truthset offers products and services including Truthscores and Data Collective. Truthset operates in a competitive market with competitors including CyberFortress, iMyFone Technology, Aishu, Vault Logix and Piql, among others.
- Headquarter San Francisco, United States
- Founders Scott M McKinley
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Truthset, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$19.38 M (USD)
in 3 rounds
-
Latest Funding Round
$5 M (USD), Series A
Oct 08, 2024
-
Investors
Data Point Capital
& 2 more
-
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
Products & Services of Truthset
Truthset offers a comprehensive portfolio of products and services, including Truthscores and Data Collective. 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.
Provides accuracy scores for consumer data in marketing.
Platform uniting providers for improved data accuracy services.
Unlock access to complete
Unlock access to complete
Funding Insights of Truthset
Truthset has successfully raised a total of $19.38M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in October 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 Series A — $5.0M
-
First Round
First Round
(28 May 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series A - Truthset | Valuation | Data Point Capital |
|
| Aug, 2024 | Amount | Series A - Truthset | Valuation |
investors |
|
| May, 2020 | Amount | Seed - Truthset | Valuation | Superset , Ulu Ventures |
|
| 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 |
Investors in Truthset
Truthset has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Data Point Capital, super{set} and Ulu Ventures. 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 |
|---|---|---|---|---|
|
Tech focused VC firm investing in the US & the UK
|
Founded Year | Domain | Location | |
|
A startup studio focused on AI and data-driven enterprise solutions is operated.
|
Founded Year | Domain | Location | |
|
Seed-stage funding is provided to innovative founder teams.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Truthset
| 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 - Truthset
| 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 |
Truthset Comparisons
Competitors of Truthset
Truthset 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 CyberFortress, iMyFone Technology, Aishu, Vault Logix and Piql, 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 |
CyberFortress is engaged in providing data backup and recovery solutions.
|
|
| domain | founded_year | HQ Location |
Offers comprehensive IT software distribution and support services.
|
|
| domain | founded_year | HQ Location |
Cloud-based disaster recovery solutions are provided by Aishu.
|
|
| domain | founded_year | HQ Location |
Business cloud backup and disaster recovery services are delivered.
|
|
| domain | founded_year | HQ Location |
Long-term data preservation is achieved using cellular photosensitive film.
|
| 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.
|
Latest news on Truthset
Frequently Asked Questions about Truthset
When was Truthset founded?
Truthset was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Truthset located?
Truthset is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Truthset?
Scott M McKinley is the current CEO of Truthset. They have also founded this company.
Is Truthset a funded company?
Truthset is a funded company, having raised a total of $19.38M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4.75M, raised on May 28, 2020.
What does Truthset do?
Truthset is a platform that delivers independent accuracy scores for consumer data, covering 96 of the US census. It unites data providers to enhance data quality in marketing through services like Truthscores for demographics on over 1 billion digital IDs. The company aids in audience targeting, measurement, and data optimization, serving marketers and platforms to improve precision and profitability.
Who are the top competitors of Truthset?
Truthset's top competitors include CyberFortress, Aishu and Piql.
What products or services does Truthset offer?
Truthset offers Truthscores and Data Collective.
Who are Truthset's investors?
Truthset has 3 investors. Key investors include Data Point Capital, super{set}, and Ulu Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.