TrueCommerce
Valuation
$4.4M
2021 Revenue
$1.5M
Customers
120K
Funding
$7M
Avg ACV
$12
Team
17
Founded
1995
How TrueCommerce CEO Bob Gleason grew TrueCommerce to $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.
Last updated
TrueCommerce Revenue
In 2021, TrueCommerce's revenue reached $1.5M. Since its launch in 1995, TrueCommerce has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2021 | TrueCommerce Hit $1.5m revenue in April 2021 |
| 1995 | Launched with $0 revenue |
TrueCommerce Valuation, Funding Rounds
TrueCommerce's most recent disclosed valuation is $4.4M.
TrueCommerce has raised $7M in total funding across 2 rounds, with its most recent round in 2004.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2004 | Funding round | $4M | - | - |
| 2003 | Funding round | $3M | - | - |
TrueCommerce Employees & Team Size
TrueCommerce employs approximately 17 people as of 2026.
TrueCommerce has 17 total employees in different roles and functions and 1 sales reps that carry a quota. They have 120K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 17 employees (April 2021) |
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
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how TrueCommerce acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about TrueCommerce
What is TrueCommerce's revenue?
TrueCommerce generates $1.5M in revenue.
Who founded TrueCommerce?
TrueCommerce was founded by Bob Gleason.
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 in Seven Fields, Pennsylvania, United States.
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Compare TrueCommerce to the industry
TrueCommerce operates across multiple industries. Browse revenue, funding, and growth data for TrueCommerce in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .