TrueGradient - About the company
TrueGradient is a seed company based in Bengaluru (India), founded in 2022 by Namrata Gupta, Siddharth Shahi, Ankur Verma and Jasneet (Jas) Kohli. It operates as a Provider of an AI-native planning operating system for consumer brands. TrueGradient has raised $700K in funding from Shastra, with a current valuation of ₹*****. The company has 447 active competitors, including 94 funded and 49 that have exited. Its top competitors include companies like Anaplan, Pigment and TrusTrace.
Company Details
Provider of an AI-native planning operating system for consumer brands. The system replaces spreadsheets and fragmented tools across demand, inventory, and pricing. It helps consumer brands and retailers with planning, offering features such as demand forecasting, inventory optimization, and price optimization. The system provides tools for replenishment, allocation, production planning, and trade promotion.
- Website
- truegradient.ai
- Registered Address
- Flat J602, Durga Petals Apartment, Doddanekundi, Outer Ring Road, Rainbow Children Hospital, Doddanekkundi, Doddanekkundi, Bangalore, Bangalore North, Karnataka, India, 560037
Legal entities associated with TrueGradient
TrueGradient is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TRUEGRADIENT ARTIFICIAL INTELLIGENCE PRIVATE LIMITED CIN: U62012KA2023PTC170737 , India, Active | Feb 19, 2023 | $61.3K (As on Mar 31, 2025) | - |
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TrueGradient's funding and investors
TrueGradient has raised a total funding of $700K over 1 round. Its latest funding round was a Seed round on Jul 08, 2024 for $*****. 7 investors participated in its latest round. TrueGradient has 5 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of TrueGradient:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 08, 2024 | 8798464 | Seed | 6581930 | 3985373 | 1868943 | 2109962 |
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TrueGradient's founders and board of directors
Founder? Claim ProfileThe founders of TrueGradient are Namrata Gupta, Siddharth Shahi, Ankur Verma and Jasneet (Jas) Kohli. Ankur Verma is the CEO of TrueGradient.
Here are the details of TrueGradient's key team members:
- Namrata Gupta: Co-Founder of TrueGradient. They serve on the board of 1 company.Contact Info: 1 email address
- Siddharth Shahi: Co-Founder of TrueGradient. They serve on the board of 1 company.
- Ankur Verma: Co-Founder & CEO of TrueGradient. Contact Info: 1 email address
- Jasneet (Jas) Kohli: Co-Founder of TrueGradient. Contact Info: 1 email address
TrueGradient's Board of Directors
TrueGradient's board has 2 active members. Namrata Gupta and Siddharth Shahi are part of team.Here is the list of TrueGradient's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 3y 2m | |
Team | - | Current | 3y 2m |
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TrueGradient's employee count trend
TrueGradient has 15 employees as of Apr 26. Here is TrueGradient's employee count trend over the years:
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TrueGradient's Competitors and alternates
Top competitors of TrueGradient include Anaplan, Pigment and TrusTrace. Here is the list of Top 10 competitors of TrueGradient, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Anaplan 2006, San Francisco (United States), Acquired | Provider of cloud-based platform for scenario planning, analysis, and reporting | $300M | 77/100 | |
2nd | Business planning and project management platform for businesses | $397M | 73/100 | ||
3rd | Provider of a platform for supply chain traceability and compliance | $30M | 67/100 | ||
4th | Provider of cloud and AI-based supply chain operational planning and analytics solutions | $33M | 61/100 | ||
5th |  o9 Solutions 2009, Dallas (United States), Series C | Provider of a platform for supply chain and commercial planning | $536M | 61/100 | |
6th | Alloy 2015, San Francisco (United States), Series A | AI & cloud-based software for end-to-end supply and demand planning | $15.3M | 61/100 | |
7th | Developer of a platform for manufacturing orchestration and supply chain | $72.2M | 61/100 | ||
8th | Developer of cloud-based demand forecasting software | $14.1M | 60/100 | ||
9th | Kiwibot 2017, Berkeley (United States), Series B | Provider of AI-based autonomous delivery robots | $24M | 58/100 | |
10th | algo.ai 2015, San Francisco (United States), Acquired | AI-powered data analytics platform that collects and processes data based on news searches | $35M | 56/100 | |
63rd | TrueGradient 2022, Bengaluru (India), Seed | Provider of an AI-native planning operating system for consumer brands | $700K | 44/100 |
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TrueGradient's Latest cap tables and shareholding
Founders (largest shareholder) own 81.82%, Funds own 7.12%, Angels own 0.25% and ESOP Pool own 10.80%. The net worth of TrueGradient's founders is INR 24.1Cr as of Jul 08, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 81.82% | 24.1Cr | 2158355 | 3090237 | 2743006 | 8617060 |
2058778 | 2170897 | 7400612 | 4662267 | 6889138 | 1218278 | |
3418284 | 1619020 | 3540153 | 4082043 | 8714409 | 7013275 | |
8267750 | 4860549 | 3625101 | 4952430 | 1650945 | 5554218 | |
Fund | 7.12% | 2.1Cr | 4026302 | 9606839 | 1577007 | 9359899 |
874 | 794 | 190 | 232 | 404 | 230 | |
Angel | 0.25% | 7.23L | 0 | 0 | 0 | 0 |
ESOP Pool | 10.80% | 3.18Cr | 9222056 | 5747426 | 2934562 | 2317266 |
Total | 99.99% | 29.5Cr | 2802607 | 5147233 | 3358288 | 4445895 |
To unlock detailed Cap Table of TrueGradient Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
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TrueGradient's Investments and acquisitions
TrueGradient has made no investments or acquisitions yet.
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