Truth - About the company
Truth is an acquired company based in San Francisco (United States), founded in 2013 by Ali Saheli. It operates as an Anonymous peer-to-peer messaging app. Truth has raised an undisclosed amount in funding. The company has 81 active competitors, including 4 funded and 2 that have exited. Its top competitors include companies like HearMe, XMessage and Connected2.me.
Company Details
Truth allows users to send messages to people anonymously to people in their address book. User select a recipient, tap the message and send it. If the recipient has Truth user, the message will show up in his or her app, If not, the recipient will get a text message.
- Website
- usetruth.com
- Social
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
22nd among 81 active competitors
Exit Details
Acquired by Global Cannabis Applications Corporation (Apr 13, 2015)
Truth's acquisition details
Truth got acquired by Global Cannabis Applications Corporation on Apr 13, 2015.
Click here to take a look at Truth's acquisition in detail
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Truth's funding and investors
Truth has raised funding over 1 round. Its latest funding round was a Seed round on May 13, 2014 for $*****. 1 investor participated in its latest round. Truth has 2 institutional investors.
Here is the list of recent funding rounds of Truth:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 13, 2014 | 5968293 | Seed | 6278070 | 9720902 | 4504069 | 9187028 |
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Truth's founders and board of directors
Founder? Claim ProfileThe founders of Truth is Ali Saheli.
Here are the details of Truth's key team members:
- Ali Saheli: Co-Founder of Truth and founder of 2 other companies, Hex Capital and Foro. They are also an angel investor in 12 startups.Contact Info: 1 email address
View details of Truth's Founder profiles and Board Members
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Truth's Competitors and alternates
Top competitors of Truth include HearMe, XMessage and Connected2.me. Here is the list of Top 10 competitors of Truth, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HearMe 2018, New York City (United States), Seed | Mobile application to chat with anonymous users | $1.02M | 55/100 | |
2nd | Offering online platform to chat with strangers | - | - | 40/100 | |
3rd | Connected2.me 2011, Ankara (Turkey), Seed | Anonymous chat app | $615K | 39/100 | |
4th | App to send Anonymous SMS messages | - | - | 39/100 | |
5th |  Anonymous Texting 2013, Sanford (United States), Unfunded | Provider of communication solution for texting anonymously | - | - | 39/100 |
6th | Anonymous messaging app | - | - | 39/100 | |
7th | Provider of messaging and voice messaging solutions | - | 38/100 | ||
8th | Secret 2013, San Francisco (United States), Deadpooled | Text message sharing in anonymity | $39.5M | 37/100 | |
9th | Anonymous messaging app | - | - | 36/100 | |
10th | Reveal Chat 2011, Seattle (United States), Acqui-Hired | Anonymous chat application | $2M | 35/100 | |
22nd |  Truth 2013, San Francisco (United States), Acquired | Anonymous peer-to-peer messaging app | - | 24/100 |
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Truth's Investments and acquisitions
Truth has made no investments or acquisitions yet.
Reports related to Truth
Here is the latest report on Truth's sector:
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