About TruVideo
TruVideo is a company based in Wellesley (United States) founded in 2015 by Douglas Chrystall and Joe Shaker. TruVideo has raised $40 million across 1 funding round from investors including TZP Group. TruVideo offers products and services including Video SDK, AI Noise Cancellation, and Virtual Assistant. TruVideo operates in a competitive market with competitors including CDK Global, Digital Air Strike, Xtime, Dealer.com and myKaarma, among others.
- Headquarter Wellesley, United States
- Founders Douglas Chrystall, Joe Shaker
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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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
$40 M (USD)
in 1 rounds
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Latest Funding Round
$40 M (USD), Series C
Dec 10, 2024
- Investors
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Employee Count
Not available
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Products & Services of TruVideo
TruVideo offers a comprehensive portfolio of products and services, including Video SDK, AI Noise Cancellation, and Virtual Assistant.
Embeds video communication into apps for enhanced interactions
Removes background noise for clear audio in videos
Handles multilingual conversations and customer queries
People of TruVideo
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Funding Insights of TruVideo
TruVideo has successfully raised a total of $40M through 1 strategic funding round. The most recent funding activity was a Series C round of $40 million completed in December 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.
Investors in TruVideo
TruVideo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TZP Group.
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Venture capital firm investing in multiple sectors
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Investor details for TruVideo
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Investments & Acquisitions by TruVideo
Investment portfolio details for TruVideo
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Financial Statements - TruVideo
Detailed financials for TruVideo
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Truvideo Comparisons
Peer comparison for TruVideo
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Competitors of TruVideo
TruVideo 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 CDK Global, Digital Air Strike, Xtime, Dealer.com and myKaarma, among others.
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Cloud-driven management systems for auto dealerships are provided.
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Digital marketing solutions are provided for auto dealerships.
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Customer engagement tools for automotive dealers are provided.
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Digital marketing solutions for automotive dealerships are delivered.
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SaaS-based customer interaction management is provided for dealerships.
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Cloud-based digital marketing solutions are delivered for the automotive sector.
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Detailed competitors of TruVideo
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Latest news on Truvideo
Complete news archive for TruVideo
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Frequently Asked Questions about TruVideo
TruVideo was founded in 2015 and raised its 1st funding round 9 years after it was founded.
TruVideo is headquartered in Wellesley, United States. It is registered at Wellesley, Massachusetts, United States.
Joe Shaker is the current CEO of TruVideo. They have also founded this company.
TruVideo is a funded company, having raised a total of $40M across 1 funding round to date.
TruVideo was founded in 2015 and is headquartered in Wellesley, United States. Operations focus on the automotive sector, where SaaS-based platforms for video messaging and AI analytics are delivered to dealerships. Buyer behavior is analyzed to enhance customer experiences, and custom video recording services are offered specifically for repair shops. The domain truvideo.com supports these activities.
TruVideo offers Video SDK, AI Noise Cancellation, and Virtual Assistant.
TruVideo has 1 investor. Key investors include TZP Group.