TrueCommerce revenue hit $1.5M in 2024

TrueCommerce generates revenue from 120000 customers

TrueCommerce

Seven Fields, Pennsylvania, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How TrueCommerce hit $1.5M revenue and 120K customers in 2021.

Developer and seller of electronic data interchange (EDI) software platform intended to provide an exchange of basic accounting and EDI transactions. The company's electronic data interchange (EDI) software platform enables small and mid-tier companies to communicate and exchange EDI transactions with larger enterprise software in an affordable way.

Founded

1995

Founded

Revenue

$1.5M

2021 Revenue

YOY

-----

YOY

Funding

$7M

Funding

TrueCommerce Revenue

In 2021, TrueCommerce revenue run rate hit $1.5M in revenue.

  • 2021

    TrueCommerce hit $1.5M in revenue in 2021

  • 1995

    TrueCommerce launched in 1995 with $0 revenue

TrueCommerce Funding History

  • 2004

    TrueCommerce raised a of in October, 2004

  • 2003

    TrueCommerce raised a of in November, 2003

FUNDING DATE ROUND AMOUNT VALUATION
October, 06 2004
November, 07 2003

Team

TrueCommerce has 17 total employees and 1 sales reps that carry a quota. They have 120,000 customers an engineering team of 1

DISTRIBUTION QTY
Total team size 17
Engineer 1 (6%)
Sales 1 (6%)

Founder / CEO

Bob Gleason

As CEO and member of the Board of Directors, John F. Fay leads the overall corporate strategy and operations for TrueCommerce. John brings extensive executive management experience and a proven track record of success in building and leading talented teams and software companies that pride themselves in innovation, customer service, and delivering value to their stakeholders. John believes that culture is critical to happy and successful organizations and strives to build companies that can execute within a culture of inclusion, innovation, transparency, and accountability. Prior to TrueCommerce, John was an Operating Partner at Welsh Carson Anderson and Stowe focused on technology investments in supply chain and logistics. Prior to joining WCAS, John was the CEO of INTTRA, the world’s largest logistics e-commerce network where he successfully lead a talented and diverse team to deliver new products and improved services. Prior to INTTRA, John was a Senior Managing Director at Newedge in roles including Global Head of Commodities, Currencies and Fixed Income and CEO, Americas. Before joining Newedge, John served as Co-CEO and Co-President of Instinet LLC. Earlier in his career, he worked at Goldman Sachs, Morgan Stanley Dean Witter & Co., and CW Amos & Co. John is active in volunteer work focused on education and presently serves as President of the Board of Trustees of the Morristown-Beard School and as a member of the Board of Trustees of Gettysburg College.

Q&A

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Customers

Churn

TrueCommerce Executives

Name Position Working Email Personal Email
Bob Gleason CEO [email protected] -

TrueCommerce Employees

Name Position Working Email Personal Email
Bob Gleason CEO [email protected] -

Frequently Asked Questions about TrueCommerce

  • When was TrueCommerce founded?

    TrueCommerce was founded in 1995.

  • How much revenue does TrueCommerce generate?

    TrueCommerce generates $1.5M in revenue.

  • Who is the CEO of TrueCommerce

    The CEO of TrueCommerce is Bob Gleason.

  • How much funding does TrueCommerce have?

    TrueCommerce raised $7M.

  • How many employees does TrueCommerce have?

    TrueCommerce has 17 employees.

  • Where is TrueCommerce headquarters?

    TrueCommerce is headquartered at Seven Fields, Pennsylvania, United States

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