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 Jan 31, 2026, the latest employee count at TrueCommerce is 1073.

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.

Where does TrueCommerce rank among its competitors?

TrueCommerce ranks 91st amongst 1551 active competitors, of which 283 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Prozo, which secured an undisclosed amount in Aug, 2025.

Who are the top competitors of TrueCommerce?

TrueCommerce's top competitors include Shiprocket, Ecom Express and Locus. Among them, Prozo secured the most recent funding round in August, 2025.

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

91^st among 1551 active competitors

Employee Count

1,073 as on Jan 31, 2026

Investment & Acquisitions

DiCentral & 4 more

Similar Companies

Shiprocket & 1731 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	9902112	Series A	1234382	6997263	3961096	8630838
2004	6593	Series A	5911	7529	6519	Edison Partners

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View details of TrueCommerce's funding rounds and investors

The founders of TrueCommerce is Bob Raida.

Here are the details of TrueCommerce's key team members:

Bob Raida: Co-Founder of TrueCommerce.
John Fay: CEO of TrueCommerce.
Contact Info: 1 email address
John Fay: CEO of TrueCommerce.
Contact Info: 1 email address

View details of TrueCommerce's Founder profiles and Board Members

TrueCommerce's employee count trend

TrueCommerce has 1,073 employees as of Jan 26. Here is TrueCommerce's employee count trend over the years:

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Top competitors of TrueCommerce include Shiprocket, Ecom Express and Locus. 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	$349M	Bertelsmann India Investments, Temasek & 61 others	85/100
2nd	Ecom Express 2012, Gurugram (India), Acquired	Provider of end-to-end delivery services for e-commerce companies	$324M	Warburg Pincus, British International Investment ... & 51 others	73/100
3rd	Locus 2015, Milpitas (United States), Acquired	Provider of an AI-powered platform for optimizing logistics and delivery	$82.5M	GIC, Rocketship & 32 others	73/100
4th	Shippo 2013, San Francisco (United States), Series E	Provider of web-based shipping solution for e-commerce businesses	$154M	Bessemer Venture Partners, Union Square Ventures ... & 26 others	72/100
5th	BILT 2014, Grapevine (United States), Series B	Developer of an app providing 3D assembly instructions for consumer goods	$32.1M	Silverton Partners, SVB & 5 others	72/100
6th	Choco 2018, Berlin (Germany), Series B	Provider of a platform streamlining order and payment processes for distributors	$301M	Bessemer Venture Partners, Coatue & 26 others	72/100
7th	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
8th	Anchanto 2011, Singapore (Singapore), Series C	Developer of e-commerce software and supply chain management solutions	$16.1M	Innosight Ventures, MDI Ventures & 13 others	70/100
9th	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
10th	ShipBob 2014, Chicago (United States), Series E	Provider of e-commerce fulfillment solutions for direct-to-consumer brands	$333M	Bain Capital Ventures, SoftBank Vision Fund ... & 29 others	69/100
91st	TrueCommerce 1996, Cranberry Township (United States), Acquired	Electronic data interchange solutions for e-commerce businesses	$4M	Accel-KKR, Edison Partners & 1 others	44/100

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TrueCommerce has not made any investments yet. TrueCommerce has made 5 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 13, 2021	Acquisition	DiCentral	2000	Houston (United States)
Nov 16, 2020	Acquisition	B2BGateway	1999	Hopkinton (United States)
Nov 2019	Acquisition	Netalogue	2001	Swansea (United Kingdom)