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Truelancer - About the company

Truelancer is a seed company based in Delhi (India), founded in 2014 by Dipesh Garg and Rajshekhar Rajaharia. It operates as an Online platform for freelancers and employers to collaborate. Truelancer has raised $48.3K in funding, with a current valuation of *****. The company has 1907 active competitors, including 168 funded and 64 that have exited. Its top competitors include companies like Upwork, Fiverr and Braintrust.

Company Details

Provides an online marketplace for freelancers and employers. Employers can post projects and find freelancers suited to work on these projects. Freelancing professionals can create their portfolios on the platform and seek projects they could work on. Users can hire skilled developers, designers and creative designers, bloggers and writers, SEO experts, sales and marketing experts/researchers, app developers. Creating an account and posting projects is free of charge. Incubated at Startup Tunnel. Claims to be funded to the tune of $50K. Raised undisclosed seed funding from USA based Blackstone Valley Group led by Raghu Vohra, Aditya Dev Sood, Kamal Bansal & other angel investors in Nov,2015.
Social
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Registered Address
DG-III/113 MIG FLATS VIKAS PURI, South West Delhi, NEW DELHI, Delhi, India, 110018
Key Metrics
Founded Year
2014
Location
Delhi, India
Stage
Seed
Total Funding
$48.3K in 1 round
Latest Funding Round
Post Money Valuation
***** as on Jan 05, 2016
Investors
Ranked
Annual Revenue
₹25.9Cr as on Mar 31, 2025
Employee Count
16 as on Apr 30, 2025
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Truelancer's funding and investors

Truelancer has raised a total funding of $48.3K over 1 round. Its latest funding round was a Seed round on Nov 18, 2015 for $*****. 6 investors participated in its latest round. Truelancer has 3 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Truelancer:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 18, 2015
2090950
Seed
3641930
6838950
9149852
4009723
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Truelancer's founders and board of directors

Founder? Claim Profile
The founders of Truelancer are Dipesh Garg and Rajshekhar Rajaharia.
Here are the details of Truelancer's key team members:

Truelancer's Board of Directors

Truelancer's board has 2 active members. Dipesh Garg is part of team and Anu Kumari is independent board member.
Here is the list of Truelancer's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 10m
lfcsmms
Team
-
Past
9y 8m
pxatzdi
Investor
-
Past
8y 8m
aegisnv
Independent board member
-
Past
8y 4m
dkncdmr
Independent board member
-
Past
9y 6m
ecnhbwr
Independent board member
-
Past
8y 7m

Truelancer's employee count trend

Truelancer has 16 employees as of Apr 25. The total employee count is 7.0% more than what it was in Apr 24. Here is Truelancer's employee count trend over the years:
Employee count trend for Truelancer
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Truelancer's Competitors and alternates

Top competitors of Truelancer include Upwork, Fiverr and Braintrust. Here is the list of Top 10 competitors of Truelancer, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Upwork
Upwork
1999, San Francisco (United States), Public
Provider of freelance marketplace connecting businesses with independent talents
$74M
84/100
2nd
Logo for Fiverr
Fiverr
2010, Tel Aviv (Israel), Public
Online freelance marketplace for multi-industry
$111M
81/100
3rd
Logo for Braintrust
Braintrust
2018, San Francisco (United States), Series A
Decentralized marketplace for tech freelancers
$29M
68/100
4th
Logo for Freelancer
Freelancer
2009, Sydney (Australia), Public
Online freelancer marketplace for multiple industries
-
67/100
5th
Logo for Clickworker
Clickworker
2005, Essen (Germany), Acquired
Crowdsourced marketplace for data processing jobs
$6.04M
66/100
6th
Logo for Iziwork
Iziwork
2018, Paris (France), Acquired
Online job board for freelancers
$68M
64/100
7th
Logo for SteadyIQ
SteadyIQ
2017, Culver City (United States), Series B
Provider of technology-enabled platform that provides a digital paystub solution
$24.1M
63/100
8th
Logo for PeoplePerHour
PeoplePerHour
2007, London (United Kingdom), Series A
Freelance Marketplace
$33.2M
62/100
9th
Logo for Immunefi
Immunefi
2020, Switzerland, Series A
Online freelancer marketplace for blockchain experts
$29.5M
61/100
10th
Logo for Contra
Contra
2019, San Francisco (United States), Series B
Online freelance professionals networking platform
$45M
61/100
36th
Logo for Truelancer
Truelancer
2014, Delhi (India), Seed
Online platform for freelancers and employers to collaborate
$48.3K
47/100
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Truelancer's Latest cap tables and shareholding

Founders (largest shareholder) own 94.96%, Enterprises own 1.01% and Angels own 4.03%. The net worth of Truelancer's founders is INR 6Cr as of Jan 05, 2016.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
94.96%
6Cr
6524923
1075514
5805810
8587784
2015916
5273752
1798186
8911528
8937183
2090044
3988633
3807125
6537626
8432328
4875438
9082109
Enterprise
1.01%
6.36L
6
1
3
4
Angel
4.03%
25.5L
9333
4408
9538
7044
54
31
18
49
71
55
6
2
1
5
1
1
Total
100.00%
6.32Cr
5677368
2828725
1951445
8906894
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Truelancer's Shareholding

Truelancer's Investments and acquisitions

Truelancer has made no investments or acquisitions yet.

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