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How TruGrid CEO Peter Ayedun grew TruGrid to $859.7K revenue and 10K customers in 2024.

TruGrid helps reduce costs and complexity for organizations needing Secure RDP & BitLocker Encryption management, while protecting end-user credentials. Implements without any VPN, firewall changes, port forwarding

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TruGrid Revenue

In 2024, TruGrid's revenue reached $859.7K. The company previously reported $751.2K in 2023. Since its launch in 2016, TruGrid has shown consistent revenue growth.

TruGrid Revenue GrowthReported revenue / ARR by year$0$200K$400K$600K$800K$1M201620172018201920202021202220232024$0$96K$751K$860KSource: GetLatka.com
YearMilestone
2024TruGrid Hit $859.7k revenue in October 2024
2023TruGrid Hit $751.2k revenue in December 2023
2020TruGrid Hit $96.3k revenue in August 2020
2016Launched with $0 revenue

TruGrid Valuation, Funding Rounds

TruGrid's most recent disclosed valuation is $2.6M.

TruGrid has raised $480K in total funding across 1 round, most recently a $480K Seed Round round in 2018.

TruGrid Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$125K$250K$375K$500K$625K2016201720182016 cumulative: $0 • 2016 Founded: $02018 cumulative: $480K • 2016 Founded: $0 • 2018 Seed Round: $480K$480K2016 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Seed Round$480K--

TruGrid Employees & Team Size

TruGrid employs approximately 7 people as of 2026, up from 6 in 2023.

TruGrid has 7 total employees in different roles and functions. They have 10K customers that rely on the company's solutions.

TruGrid Team GrowthReported headcount over time0235682016201720182019202020212022202320240077Source: GetLatka.com
YearMilestone
2024Reached 7 employees (October 2024)
2023Reached 6 employees (December 2023)
2022Reached 5 employees (December 2022)
2021Reached 5 employees (December 2021)
2020Reached 1 employees (August 2020)

Founder / CEO

Peter Ayedun

Peter Ayedun is listed as Founder / CEO at TruGrid.

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Customers

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Frequently Asked Questions about TruGrid

What is TruGrid's revenue?

TruGrid generates $859.7K in revenue.

Who founded TruGrid?

TruGrid was founded by Peter Ayedun.

Who is the CEO of TruGrid?

The CEO of TruGrid is Peter Ayedun.

How much funding does TruGrid have?

TruGrid raised $480K.

How many employees does TruGrid have?

TruGrid has 7 employees.

Where is TruGrid headquarters?

TruGrid is headquartered in Schaumburg, Illinois, United States.

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Compare TruGrid to the industry

TruGrid operates across multiple industries. Browse revenue, funding, and growth data for TruGrid 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 .