When was TrueCommerce founded?

TrueCommerce was founded in 1996 and raised its 1st funding round 8 years after it was founded.

Where is TrueCommerce located?

TrueCommerce is headquartered in Cranberry Township, United States. It is registered at 13, Banevænget, Birkerød, 3460.

Who is the current CEO of TrueCommerce?

John Fay and John Fay s of TrueCommerce. John Fay has also founded 1 company.

How many employees does TrueCommerce have?

As of Jun 30, 2026, the latest employee count at TrueCommerce is 590.

Is TrueCommerce a funded company?

TrueCommerce is a funded company, having raised a total of $4M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2004.

When was the latest funding round of TrueCommerce?

TrueCommerce's latest funding was a $***** Series A round on Oct 2006, with participation from 1 investor.

What is the annual revenue of TrueCommerce?

Annual revenue of TrueCommerce is between $10M and $50M as on Dec 31, 2022

Where does TrueCommerce rank among its competitors?

TrueCommerce ranks 83rd amongst 1541 active competitors, of which 276 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Stord, which secured $250M in May, 2026.

Who are the top competitors of TrueCommerce?

TrueCommerce's top competitors include Shiprocket, Locus and Shippo. Among them, Stord secured the most recent funding round in May, 2026.

TrueCommerce - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Electronic data interchange solutions for e-commerce businesses. It provides end-to-end solution includes data mapping software, network services, a module to create advance ship notices, and more.

Website: www.truecommerce.com
Social
Registered Address: 13, Banevænget, Birkerød, 3460

Key Metrics

Founded Year

1996

Location

Cranberry Township, United States

Stage

Acquired

Total Funding

$4M in 2 rounds

Latest Funding Round

Series A, Oct 2006, $*****

Investors

Accel-KKR & 2 more

Ranked

83^rd among 1541 active competitors

Annual Revenue

$10M - $50M as on Dec 31, 2022

Employee Count

590 as on Jun 30, 2026

Investment & Acquisitions

ecUtopia

Similar Companies

Shiprocket & 1713 more

Exit Details

Acquired by Welsh, Carson, Anderson & Stowe (Nov 11, 2020)

View TrueCommerce's full profile

TrueCommerce is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TrueCommerce Denmark ApS CIN: 33776349 , Denmark, Active	Jun 30, 2011	$10M - $50M (As on Dec 31, 2022)	74 (As on Mar 31, 2024)
TRUE COMMERCE, INC. CIN: 5571413 , United States, Active	Jun 17, 2019	-	-	-

TrueCommerce got acquired by Welsh, Carson, Anderson & Stowe on Nov 11, 2020.

Click here to take a look at TrueCommerce's acquisition in detail

TrueCommerce has raised a total funding of $4M over 2 rounds. Its first funding round was on 2004. Its latest funding round was a Series A round on Oct 2006 for $*****. 1 investor participated in its latest round. TrueCommerce has 3 institutional investors.

Here is the list of recent funding rounds of TrueCommerce:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 2006	3593672	Series A	3846541	6447571	9533074	9207808
2004	5485	Series A	4646	5359	7701	Edison Partners

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View details of TrueCommerce's funding rounds and investors

TrueCommerce's employee count trend

TrueCommerce has 590 employees as of Jun 26. Here is TrueCommerce's employee count trend over the years:

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Top competitors of TrueCommerce include Shiprocket, Locus and Shippo. Here is the list of Top 10 competitors of TrueCommerce, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shiprocket 2012, Gurugram (India), Series E	Provider of e-commerce shipping, fulfillment, marketing, and financial services	$322M	Temasek, Bertelsmann India Investments & 62 others	85/100
2nd	Locus 2015, Milpitas (United States), Acquired	Provider of an AI-powered platform for optimizing logistics and delivery	$82.5M	GIC, Tiger Global Management & 32 others	73/100
3rd	Shippo 2013, San Francisco (United States), Series E	Provider of web-based shipping solution for e-commerce businesses	$154M	Bessemer Venture Partners, Uncork Capital ... & 26 others	72/100
4th	Stord 2015, Atlanta (United States), Series F	Provider of cloud-based end-to-end logistics and supply chain management solutions	$777M	Kleiner Perkins, Bond Capital & 37 others	71/100
5th	Prozo 2014, Gurugram (India), Series A	Online platform offering wholesale and business-focused e-commerce solutions	$20.2M	Sixth Sense Ventures, Earlsfield Capital ... & 31 others	70/100
6th	Ecom Express 2012, Gurugram (India), Acquired	Provider of end-to-end delivery services for e-commerce companies	$324M	Warburg Pincus, Partners Group & 51 others	70/100
7th	Veeqo 2012, Swansea (United Kingdom), Acquired	Provider of multichannel ecommerce shipping software with order and inventory management	$11.5M	Octopus Investments, Messebauer & 7 others	70/100
8th	ShipBob 2014, Chicago (United States), Series E	Provider of e-commerce fulfillment solutions for direct-to-consumer brands	$333M	Bain Capital Ventures, Menlo Ventures & 29 others	70/100
9th	Pitney Bowes 1920, Stamford (United States), Acquired	Provider of SaaS-based shipping and fulfillment solutions for e-commerce businesses	-	Saratoga Investment, PHI Industrial & 3 others	69/100
10th	Choco 2018, Berlin (Germany), Series B	Provider of a platform streamlining order and payment processes for distributors	$301M	Left Lane, Bessemer Venture Partners & 26 others	68/100
83rd	TrueCommerce 1996, Cranberry Township (United States), Acquired	Electronic data interchange solutions for e-commerce businesses	$4M	Accel-KKR, Innovation Works & 1 others	53/100