Trutouch Technologies - About the company
Trutouch Technologies is a deadpooled company based in Boston (United States), founded in 2005 by Ben Versteeg. It operates as an Optical technology based alcohol sensor. Trutouch Technologies has raised $15.1M in funding from investors like Launchpad Venture Group, iTulip and Verge Fund. The company has 27 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Lifeloc, Scram Systems and ACS.
Company Details
Trutouch Technologies, independent spin off from Inlight Solutions has developed a patented technology to detect alcohol level in workers. Using infrared light company's product detects alcohol out of all other organic compounds that make up the skin of the person touching the sensor. Company's device is biometric based thus providing ease of testing. Particularly useful at construction sites, plant floors, mines and for transport industry.
- Website
- tttinc.com
Key Metrics
Founded Year
2005
Location
Boston, United States
Stage
Deadpooled
Total Funding
$15.1M in 7 rounds
Latest Funding Round
Investors
Ranked
8th among 27 active competitors
Employee Count
6 as on Jul 01, 2024
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Trutouch Technologies's funding and investors
Trutouch Technologies has raised a total funding of $15.1M over 7 rounds. Its first funding round was on Sep 28, 2010. Trutouch Technologies has 9 institutional investors.
Here is the list of recent funding rounds of Trutouch Technologies:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 24, 2017 | 2216594 | Series B | 1549374 | 3920827 | 6615315 | 9098035 |
Nov 12, 2014 | 1993151 | Series B | 6231450 | 3236107 | 7336076 | 4478304 |
Feb 14, 2013 | 6078938 | Series B | 1566863 | 6423215 | 1039267 |
View details of Trutouch Technologies's funding rounds and investors
Trutouch Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Trutouch Technologies is Ben Versteeg.
Here are the details of Trutouch Technologies' key team members:
- Ben Versteeg: Chief Executive Officer, Co-Founder, Director of Trutouch Technologies.
View details of Trutouch Technologies's Founder profiles and Board Members
Trutouch Technologies' employee count trend
Trutouch Technologies has 6 employees as of Jul 24. Here is Trutouch Technologies's employee count trend over the years:
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Trutouch Technologies's Competitors and alternates
Top competitors of Trutouch Technologies include Lifeloc, Scram Systems and ACS. Here is the list of Top 10 competitors of Trutouch Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lifeloc 1983, Denver (United States), Funding Raised | Breath alcohol and drug testing solutions for safety and compliance | - | 47/100 | |
2nd | Scram Systems 1997, Denver (United States), Acquired | Technology solutions for alcohol, location monitoring, and offender management | $7.58M | 47/100 | |
3rd | Manufacturer of sensors for monitoring alcohol content in the body | - | - | 40/100 | |
4th | Soberlink 2010, Huntington Beach (United States), Funding Raised | Remote alcohol monitoring technology improving lives through accountability and trust | - | - | 39/100 |
5th | Transbiotec 2004, Seal Beach (United States), Late Stage | Non invasive alcohol sensing system | - | 37/100 | |
6th | ![]() Applied Monitoring 2018, United Kingdom, Seed | Provider of sensors for alcohol and drug detection technology | $1.4M | 33/100 | |
7th | Quantac 2016, New York City (United States), Seed | Biosensor to track alcohol consumption | - | 32/100 | |
8th | Trutouch Technologies 2005, Boston (United States), Deadpooled | Optical technology based alcohol sensor | $15.1M | 31/100 | |
9th | Vertisense 2011, New York City (United States), Deadpooled | Developer of connected breathalyzer | $2.33M | 30/100 | |
10th | Drug & Alcohol Solutions - Alcolizer | - | - | 29/100 |
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Trutouch Technologies's Investments and acquisitions
Trutouch Technologies has made no investments or acquisitions yet.
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