When was TruConnect founded?

TruConnect was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is TruConnect located?

TruConnect is headquartered in Los Angeles, United States. It is registered at Office No. 601, 602 & 604, 6th Floor, Orville Business Port, Konark Campus, Viman Nagar, Viman nagar, Pune, Pune, Maharashtra, India, 411014.

How many employees does TruConnect have?

As of Aug 31, 2026, the latest employee count at TruConnect is 434.

Is TruConnect a funded company?

TruConnect is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Jun 2012.

When was the latest funding round of TruConnect?

TruConnect's latest funding was a $***** Conventional Debt round on Jun 14, 2016, with participation from 1 investor.

Where does TruConnect rank among its competitors?

TruConnect ranks 210th amongst 3693 active competitors, of which 52 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was SK Telecom, which secured $2.2B in Aug, 2026.

Who are the top competitors of TruConnect?

TruConnect's top competitors include T-Mobile, MTN and AT&T. Among them, SK Telecom secured the most recent funding round in August, 2026.

TruConnect - 2026 Company Profile, Funding & Competitors

Company Details

TruConnect is an MVNO (mobile virtual network operator) which provides mobile communication services on the Sprint Network in the USA. It focuses on providing cost-effective and affordable plans to the customers. It provides unlimited data and voice plans and provides pay-as-you-go mobile hotspots. It is also part of Lifeline program which is a government sponsored plan for eligible customers. In 2016, it formed TruConnect Technologies and acquired WeFi (a wi-fi offloading and mobile analytics solutions provider).

Website: www.truconnect.com/
Social
Email ID: *****@truconnect.com
Phone Number: +1 **********
Registered Address: Office No. 601, 602 & 604, 6th Floor, Orville Business Port, Konark Campus, Viman Nagar, Viman nagar, Pune, Pune, Maharashtra, India, 411014

Key Metrics

Founded Year

2011

Location

Los Angeles, United States

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Jun 14, 2016, $*****

Investors

Opus Bank & 3 more

Ranked

210^th among 3693 active competitors

Employee Count

434 as on Aug 31, 2026

Investment & Acquisitions

Wefi

Similar Companies

T-Mobile & 4162 more

View TruConnect's full profile

TruConnect is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TR CONNECT LIMITED CIN: 13795281 , United Kingdom, Active	Dec 09, 2021	£0 - £1M (As on Dec 31, 2022)	1 (As on Dec 31, 2023)
UPVERSE SOLUTIONS PRIVATE LIMITED CIN: U72900PN2015PTC156905 , India, Active	Oct 16, 2015	₹10 - ₹50 Cr (As on Mar 31, 2025)	178 (As on Mar 31, 2024)

TruConnect has raised funding over 2 rounds. Its first funding round was on Jun 2012. Its latest funding round was a Conventional Debt round on Jun 14, 2016 for $*****. 1 investor participated in its latest round. TruConnect has 4 institutional investors.

Here is the list of recent funding rounds of TruConnect:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 14, 2016	9477201	Conventional Debt	7812965	1801461	8197553	1890111
Jun 2012	6125732	Conventional Debt	1913214	4591766	2304690	Banyan Mezzanine Funds

Access funding benchmarks and valuations. Sign up today!

View details of TruConnect's funding rounds and investors

TruConnect's employee count trend

TruConnect has 434 employees as of Aug 26. Here is TruConnect's employee count trend over the years:

Uncover TruConnect's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of TruConnect include T-Mobile, MTN and AT&T. Here is the list of Top 10 competitors of TruConnect, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	T-Mobile 1994, Bellevue (United States), Public	Provider of mobile telecommunication services	-	Alcor Fund, Commerzbank & 16 others	82/100
2nd	MTN 1994, Fairland (South Africa), Public	Provider of mobile network services	$7.05M	Barclays Bank of Uganda, KCB Group & 38 others	81/100
3rd	AT&T 1876, Dallas (United States), Public	Provider of wireless and internet services	-	J.L. Bainbridge & Company, Elliott Management ... & 13 others	79/100
4th	SK Telecom 1984, South Korea, Public	Provider of integrated telecommunication services	-	UBS, HSBC & 5 others	78/100
5th	SoftBank 1986, Tokyo (Japan), Series A	Company that offers mobile phones, internet, and clean energy services	$8.99M	Yahoo Japan, Red Badge Management	78/100
6th	Verizon 1983, New York City (United States), Public	Provider of wireless, internet, TV, and phone services	-	Gibson Wealth Advisors, Morton Brown Family Wealth ... & 17 others	78/100
7th	Telecom Italia 1994, Rome (Italy), Public	Integrated telecom service provider	-	Elliott Management, CDP Equity & 3 others	78/100
8th	Optus 1981, North Ryde (Australia), Acquired	Provider of mobile internet services for home and offices	$19.7M	Australian Wildlife Conservancy, Temasek	77/100
9th	Telus 1990, Vancouver (Canada), Public	Integrated telecom and IPTV services provider	-	CIBC, RBC Capital Markets & 2 others	77/100
10th	Vodafone 1982, Newbury (United Kingdom), Public	Virtual card-linked wallet for consumer payments	-	Coast Capital, Elliott Management & 12 others	77/100
210th	TruConnect 2011, Los Angeles (United States), Funding Raised	Mobile telecommunication services provider	-	Opus Bank, Banyan Mezzanine Funds & 2 others	56/100