About Trutouch Technologies
Trutouch Technologies is a company based in Boston (United States) founded in 2005 by Ben VerSteeg. It operates as a B2B. Trutouch Technologies has raised $15.1 million across 7 funding rounds from investors including iTulip, Launchpad Venture Group and Flywheel Ventures. Trutouch Technologies operates in a competitive market with competitors including Scram Systems, Transbiotec, Quantac, Soberlink and Sober Steering, among others.
- Headquarter Boston, United States
- Founders Ben VerSteeg
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$15.1 M (USD)
in 7 rounds
-
Latest Funding Round
$500 K (USD), Series B
May 24, 2017
-
Investors
iTulip
& 4 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
Funding Insights of Trutouch Technologies
Trutouch Technologies has successfully raised a total of $15.1M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $500 thousand completed in May 2017. 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 7
- Last Round Series B — $500,000
-
First Round
First Round
(28 Sep 2010)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Series B - Trutouch Technologies | Valuation |
investors |
|
| Nov, 2014 | Amount | Series B - Trutouch Technologies | Valuation |
investors |
|
| Feb, 2013 | Amount | Series B - Trutouch Technologies | 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 |
Investors in Trutouch Technologies
Trutouch Technologies has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include iTulip, Launchpad Venture Group and Flywheel 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 |
|---|---|---|---|---|
|
Investments are provided by an angel network to Boston-based companies.
|
Founded Year | Domain | Location | |
|
Flywheel Ventures is focused on building innovative global solutions.
|
Founded Year | Domain | Location | |
|
Verge Fund is engaged in providing seed-stage funding and startup support in New Mexico.
|
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 Trutouch Technologies
| 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 - Trutouch Technologies
| 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 |
Trutouch Technologies Comparisons
Competitors of Trutouch Technologies
Trutouch Technologies 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 Scram Systems, Transbiotec, Quantac, Soberlink and Sober Steering, 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 |
Transdermal alcohol monitoring is provided via continuous wearable device.
|
|
| domain | founded_year | HQ Location |
Non-invasive transdermal alcohol sensors for vehicle interlocks are developed.
|
|
| domain | founded_year | HQ Location |
Alcohol consumption is tracked via wearable biosensor through skin diffusion.
|
|
| domain | founded_year | HQ Location |
Alcohol consumption is monitored via portable breathalyzer with identity verification.
|
|
| domain | founded_year | HQ Location |
Biosensor embedded in steering wheels detects alcohol non-intrusively.
|
|
| domain | founded_year | HQ Location |
Develops innovative connected breathalyzer technologies for health and safety applications.
|
| 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 Trutouch Technologies
When was Trutouch Technologies founded?
Trutouch Technologies was founded in 2005 and raised its 1st funding round 5 years after it was founded.
Where is Trutouch Technologies located?
Trutouch Technologies is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Trutouch Technologies?
Ben VerSteeg is the current CEO of Trutouch Technologies. They have also founded this company.
Is Trutouch Technologies a funded company?
Trutouch Technologies is a funded company, having raised a total of $15.1M across 7 funding rounds to date. The company's 1st funding round was a Series B of $5.02M, raised on Sep 28, 2010.
What does Trutouch Technologies do?
Trutouch Technologies develops optical technology-based sensors for alcohol detection, focusing on leveraging cutting-edge technology, developing sensor technologies, optical technology, and alcohol detection. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Trutouch Technologies?
Trutouch Technologies's top competitors include Scram Systems, Lifeloc and Transbiotec.
Who are Trutouch Technologies's investors?
Trutouch Technologies has 5 investors. Key investors include iTulip, Launchpad Venture Group, Flywheel Ventures, Verge Fund, and Military Health.