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TrueCommercerevenue, acquisition & funding

Integration Brokerage SoftwareSeven Fields, PennsylvaniaFounded 1995

TrueCommerce was acquired by Welsh, Carson, Anderson & Stowe.

TrueCommerce is an Integration Brokerage Software company based in Seven Fields, founded in 1995.

truecommerce.comLinkedInUpdated Aug 10, 2026
Annual revenue
$1.5M
Apr 2021
Owner
Welsh, Carson, Anderson & Stowe
Date not on record
Total raised
$7M
2 rounds
Employees
17
Apr 2021

TrueCommerce revenue

TrueCommerce's annual revenue was $1.5M in April 2021, its last figure before Welsh, Carson, Anderson & Stowe bought it (source not recorded).

$0
$500K
$1M
$1.5M
2021
ReportedOne figure per year; a reported figure wins over an estimate
As ofRevenueSource
Apr 2021$1.5M–

– source not recorded

Who owns TrueCommerce

Welsh, Carson, Anderson & Stowe owns TrueCommerce. The date and price of the deal are not on record.

TrueCommerce funding rounds & investors

TrueCommerce has raised $7M across two rounds since 2003. The latest was a $4M funding round in October 2004.

DateRoundRaised
Oct 2004Funding round$4M
Nov 2003Funding round$3M
Total raised$7M

TrueCommerce CEO, founders & employees

Bob Gleason founded TrueCommerce in 1995 and led it as CEO. TrueCommerce had 17 employees (April 2021).

0
5
10
15
17
2021
ReportedOne figure per year; a reported figure wins over an estimate

Team mix (Apr 2021): 1 engineers, 1 in sales

TrueCommerce FAQ

What was TrueCommerce's revenue?

Before Welsh, Carson, Anderson & Stowe bought it, TrueCommerce's annual revenue was $1.5M in April 2021 (source not recorded).

Who owns TrueCommerce?

Welsh, Carson, Anderson & Stowe owns TrueCommerce.

How much funding has TrueCommerce raised?

TrueCommerce raised $7M across two funding rounds before Welsh, Carson, Anderson & Stowe bought it. The last was a $4M funding round in October 2004.

How many employees does TrueCommerce have?

TrueCommerce had 17 employees in April 2021.

Who founded TrueCommerce?

Bob Gleason founded TrueCommerce in 1995.

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How this page is sourced

Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun TrueCommerce? Join the podcast