How Much Did True Raise?
Funding & Key Investors

True & Co has successfully navigated the competitive landscape of direct-to-consumer intimate apparel, securing a total capital infusion of $6M. This trajectory of financial backing, punctuated by a recent strategic investment of $4M, underscores the firm's ability to scale operations within the retail technology sector. By prioritizing data-driven product development, the company has established a robust foundation for long-term market penetration and brand equity expansion.

The organization's growth narrative is defined by a series of deliberate financing milestones. Starting with early-stage support in 2012, the company has consistently attracted high-caliber venture partners, culminating in the most recent capital injection in October 2013. This progression reflects a clear transition from a nascent startup to a mature enterprise-level player capable of disrupting traditional retail models through digital innovation.

What is True?

True
ManufacturingTextiles & ApparelApparel & Accessories Retail

True & Co specializes in the design and distribution of high-comfort women's intimate apparel, most notably through its signature True Body collection. By leveraging proprietary fit-technology, the company addresses the persistent consumer demand for supportive yet comfortable undergarments. Positioned at the intersection of fashion and e-commerce, True & Co utilizes a direct-to-consumer model to bypass traditional retail friction, allowing for a more personalized customer experience and higher brand loyalty. The company's market position is reinforced by its commitment to inclusivity and ergonomic design, which serves as a primary differentiator in the crowded apparel market.

How much funding has True raised?

True has raised a total of $6M across 2 funding rounds:

2012

Angel/Seed

$2M

2013

Unspecified

$4M

Angel/Seed (2012): $2M with participation from First Round Capital, Softbank Capital, and SoftTech VC

Unspecified (2013): $4M led by Crosslink Capital, VegasTechFund, and Great Oaks Venture Capital

Key Investors in True

Crosslink Capital

Crosslink Capital is an investment firm that partners with ambitious early-stage founders to build category-defining companies, boasting a diverse portfolio with over 50 exits.

VegasTechFund

VegasTechFund is a seed stage investment fund focused on investing in founders and startups committed to building a vibrant, connected tech community in downtown Las Vegas.

Great Oaks Venture Capital

Great Oaks Venture Capital operates as an early-stage investment firm focused on identifying and supporting founders building transformative companies across multiple sectors.

What's next for True?

With the recent influx of capital, True & Co is well-positioned to accelerate its market expansion and enhance its technological infrastructure. Future strategic initiatives will likely focus on scaling the supply chain to meet increasing demand while simultaneously refining the digital customer journey through advanced analytics. As the company moves beyond its initial growth phase, the focus will shift toward sustaining competitive advantage through product diversification and deepening its footprint in the broader lifestyle apparel category. The continued support from institutional investors provides the necessary runway to explore new distribution channels and solidify its status as a leader in the intimate apparel space.

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Frequently Asked Questions Regarding True Financial Insights

What are the most recent funding rounds that True has completed, and what were the funding rounds?
True has recently completed 2 funding rounds: Unspecified on Oct 7, 2013, Angel/Seed on May 30, 2012.
What is the total amount of funding True has raised to date?
True has raised a total of $6M in funding to date.
How many funding rounds has True completed?
True has completed 2 funding rounds.
How much funding did True raise in its most recent funding round?
True raised $4M in its most recent funding round.
Who are the lead investors in True's latest funding round?
The lead investor in True's latest funding round was Crosslink Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in True's history?
The largest funding round in True's history was $4M.
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