2024 Revenue
$20M
Customers
100K
Funding
$0
YOY
54%
Avg ACV
$200
Team
98
Founded
2003
How TrueConf CEO Dmitry Odintsov grew TrueConf to $20M revenue and 100K customers in 2024.
Video conferencing software with UltraHD 4K support and great H.323/SIP interoperability. Super fast on-premises deployment in LAN or VPN.
Last updated
TrueConf Revenue
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | TrueConf Hit $20m revenue in November 2024Source | |
| 2024 | TrueConf Hit $17.2m revenue in October 2024 | |
| 2023 | TrueConf Hit $13m revenue in December 2023 | |
| 2020 | TrueConf Hit $8.2m revenue in August 2020 | |
| 2003 | Launched with $0 revenue |
TrueConf Valuation, Funding Rounds
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 | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
TrueConf serves 100K customers.
TrueConf Employees & Team Size
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.
| Year | Milestone |
|---|---|
| 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) |
Frequently Asked Questions about TrueConf
What is TrueConf's revenue?
TrueConf generates $20M in revenue.
Who founded TrueConf?
TrueConf was founded by Dmitry Odintsov.
Who is the CEO of TrueConf?
The CEO of TrueConf is Dmitry Odintsov.
How much funding does TrueConf have?
TrueConf raised $0.
How many employees does TrueConf have?
TrueConf has 98 employees.
Where is TrueConf headquarters?
TrueConf is headquartered in Vilnius, Lithuania.
Compare TrueConf to the industry
TrueConf operates across multiple industries. Browse revenue, funding, and growth data for TrueConf in each sector below.
Data and Sources
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.
Claim this profilePeople Also Viewed
CrossTEK Technology
CrossTEK Technology is a SaaS mobile internet application service provider company.
cj Advertising
Innovative marketing and advertising agency that specializes in working with exclusively personal injury law firms
BookingPal
BookingPal provides a global distribution system and a centralized booking platform for vacation rental properties. It allows owners/managers of vacation rental properties, timeshare resorts, campgrounds and RV parks worldwide to increase their online presence and number of bookings.
Mino Games
Mobile games company
Onset Financial
Firm in the equipment lease and finance industry, with a best-in-class team and an award-winning culture boasting consistent growth
Spekit
Spekit is a digital enablement platform that maximizes employee productivity, streamlines onboarding, and drives tool adoption.