What is Trulia?
Founded in 2004 and headquartered in San Francisco, California, Trulia operates as an online search engine dedicated to facilitating the process of buying new houses. The company has established itself as a key player in the real estate technology sector, providing users with comprehensive tools and data to navigate the property market. Its strategic funding rounds have enabled continuous development and expansion of its services, solidifying its role in connecting buyers with properties.
How much funding has Trulia raised?
Trulia has raised a total of $134.8M across 5 funding rounds:
Series A
$2.1M
Series B
$5.7M
Series C
$10M
Series D
$15M
Stock Offering
$102M
Series A (2005): $2.1M with participation from Sarofim Fayez and Co.
Series B (2005): $5.7M led by Sarofim Fayez and Co. and Accel Partners
Series C (2007): $10M supported by Steamboat Ventures, Sarofim Fayez and Co., and Accel Partners
Series D (2008): $15M featuring Steamboat Ventures, Sarofim Fayez and Co., and Accel Partners
Stock Issuance/Offering (2012): $102M, investors not publicly disclosed
Key Investors in Trulia
Sarofim Fayez and Co.
Fayez Sarofim & Co. is an independent, employee-owned global investment manager based in Houston, Texas, with over 60 years of experience in sustainable growth investing. The firm manages a diverse range of investment strategies including large cap equity, global equity, and core fixed income, with a strong focus on long-term performance and downside mitigation.
Steamboat Ventures
Steamboat Ventures, founded in 2000, focuses on helping young companies become market leaders. They invest in early to growth stage companies within the technology, media, and consumer sectors. The firm is dedicated to creating lasting value in each of its investments.
Accel Partners
Accel is a leading venture capital firm that invests in companies at all stages of growth, from seed to growth. They are known for their deep operational expertise and their commitment to helping entrepreneurs build category-defining companies.
What's next for Trulia?
With a history of significant enterprise-level funding, Trulia is well-positioned for continued expansion and innovation in the real estate technology landscape. The substantial capital raised, culminating in a major strategic investment, suggests a focus on scaling operations, enhancing user experience, and potentially exploring new market opportunities. Future developments are likely to involve leveraging technology to further streamline the home-buying process and strengthen its competitive advantage in the digital real estate arena.
See full Trulia company page
