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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
Social
Facebook
Key Metrics
Founded Year
2005
Location
Boston, United States
Stage
Deadpooled
Total Funding
$15.1M in 7 rounds
Latest Funding Round
Ranked
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:lockFilter this list
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
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Trutouch Technologies' founders and board of directors

Founder? Claim Profile
The 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.

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:
Employee count trend for Trutouch Technologies
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lifeloc
Lifeloc
1983, Denver (United States), Funding Raised
Breath alcohol and drug testing solutions for safety and compliance
-
47/100
2nd
Logo for Scram Systems
Scram Systems
1997, Denver (United States), Acquired
Technology solutions for alcohol, location monitoring, and offender management
$7.58M
47/100
3rd
Logo for ACS
ACS
1976, Toronto (Canada), Unfunded
Manufacturer of sensors for monitoring alcohol content in the body
-
-
40/100
4th
Logo for Soberlink
Soberlink
2010, Huntington Beach (United States), Funding Raised
Remote alcohol monitoring technology improving lives through accountability and trust
-
-
39/100
5th
Logo for Transbiotec
Transbiotec
2004, Seal Beach (United States), Late Stage
Non invasive alcohol sensing system
-
37/100
6th
Provider of sensors for alcohol and drug detection technology
$1.4M
33/100
7th
Logo for Quantac
Quantac
2016, New York City (United States), Seed
Biosensor to track alcohol consumption
-
32/100
8th
Logo for Trutouch Technologies
Trutouch Technologies
2005, Boston (United States), Deadpooled
Optical technology based alcohol sensor
$15.1M
31/100
9th
Logo for Vertisense
Vertisense
2011, New York City (United States), Deadpooled
Developer of connected breathalyzer
$2.33M
30/100
10th
Logo for Alcolizer
Alcolizer
2002, Australia, Unfunded
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.

Reports related to Trutouch Technologies

Here is the latest report on Trutouch Technologies's sector:

FAQs about Trutouch Technologies

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