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In 2024, TrueConf's revenue reached $20M. The company previously reported $17.2M in 2024. Since its launch in 2003, TrueConf has shown consistent revenue growth.
TrueConf is a bootstrapped Room Systems startup. Founded in 2003, TrueConf has grown to $20M in revenue without raising any venture capital or outside funding.
As a self-funded Room Systems SaaS company, TrueConf has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
TrueConf serves 100K customers.
TrueConf employs approximately 98 people as of 2026, down from 111 in 2023, including 9 sales reps that carry a quota. It serves 100K customers that rely on its solutions.
TrueConf generates $20M in revenue.
TrueConf was founded by Dmitry Odintsov.
The CEO of TrueConf is Dmitry Odintsov.
TrueConf is bootstrapped and has not raised outside funding.
TrueConf has 98 employees.
TrueConf is headquartered in Vilnius, Lithuania.
TrueConf operates across multiple industries. Browse revenue, funding, and growth data for TrueConf in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$20M
Customers
100K
Funding
$0
Avg ACV
$200
Team
98
Founded
2003
| Year | Milestone | Source |
|---|---|---|
| 2024 | TrueConf Hit $20m revenue in November 2024 | similarweb.com |
| 2024 | TrueConf Hit $17.2m revenue in October 2024 | Estimated |
| 2023 | TrueConf Hit $13m revenue in December 2023 | Estimated |
| 2020 | TrueConf Hit $8.2m revenue in August 2020 | |
| 2003 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 98 employees (December 2024) | |
| 2024 | Reached 99 employees (October 2024) | |
| 2023 | Reached 111 employees (December 2023) | |
| 2023 | Reached 109 employees (September 2023) | |
| 2023 | Reached 111 employees (January 2023) | |
| 2022 | Reached 103 employees (December 2022) | |
| 2022 | Reached 106 employees (January 2022) | |
| 2021 | Reached 110 employees (December 2021) | |
| 2021 | Reached 118 employees (August 2021) | |
| 2020 | Reached 91 employees (August 2020) |
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