TrueCommercerevenue, acquisition & funding
Electronic Data Interchange (EDI) SoftwareSeven Fields, PennsylvaniaFounded 1995
TrueCommerce was acquired by Welsh, Carson, Anderson & Stowe.
TrueCommerce is an Electronic Data Interchange (EDI) Software company based in Seven Fields, founded in 1995.
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).
| As of | Revenue | Source |
|---|---|---|
| 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.
| Date | Round | Raised |
|---|---|---|
| Oct 2004 | Funding round | $4M |
| Nov 2003 | Funding 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).
- Bob GleasonFounder & CEO
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 Oct 30, 2026Data disclaimerReport a correctionClaim this profileRun TrueCommerce? Join the podcast