What is Truecaller?
Headquartered in Stockholm, Sweden, Truecaller operates as a leading technology phonebook platform. The company offers a suite of intelligent and useful services designed to enhance the user's communication experience, most notably through its ability to identify incoming calls from unknown numbers. This core functionality has positioned Truecaller as a significant player in the mobile utility space, providing essential tools for managing calls and identifying potential spam or unwanted contacts.
How much funding has Truecaller raised?
Truecaller has raised a total of $93M across 5 funding rounds:
Series A
$1.3M
Series B
$18.8M
Series C
$60M
Series D
$10.6M
Other Financing Round
$2.3M
Series A (2012): $1.3M with participation from OpenOcean
Series B (2014): $18.8M led by OpenOcean and Steamboat Ventures
Series C (2014): $60M supported by Atomico, Kleiner Perkins Caufield & Byers, and Steamboat Ventures
Series D (2016): $10.6M featuring Zenith Venture Capital
Other Financing Round (2017): $2.3M backed by Inbox Capital and Zenith Venture Capital
Key Investors in Truecaller
OpenOcean
OpenOcean is an early-stage venture capital firm investing across Europe, known for leading or co-leading Series A funding rounds in software solutions.
Atomico
Atomico is a European Venture Capital firm headquartered in London, founded by Niklas Zennström, co-founder of Skype and Kazaa.
Kleiner Perkins Caufield & Byers
Kleiner Perkins is a Menlo Park-based venture capital firm that invests in early and growth-stage technology and life science companies across various sectors.
What's next for Truecaller?
The recent major strategic investment indicates Truecaller is likely in a scaling phase, focusing on expanding its service offerings and user base. Future developments may involve further integration of AI for call analysis, enhanced privacy features, and potential expansion into new markets or related communication services. The company's consistent access to capital suggests a strong market demand and confidence from investors in its long-term vision and execution capabilities.
See full Truecaller company page
