TruGridrevenue & funding
Other Process Automation SoftwareSchaumburg, IllinoisFounded 2016CEO Peter Ayedun
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
- Customers
- 10K
TruGrid revenue
TruGrid has not published its revenue. GetLatka estimates it at about $859.7K a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Aug 2020 | $96.3K | – |
| Dec 2023 | $751.2KEST. | GetLatka estimate |
| Oct 2024 | $859.7KEST. | GetLatka estimate |
– source not recorded
TruGrid funding rounds & investors
TruGrid has raised $480K in one round: a Seed round in August 2018.
| Date | Round | Raised |
|---|---|---|
| Aug 2018 | Seed | $480K |
| Total raised | $480K |
TruGrid competitors
TruGrid competes most directly with OpenText.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 OpenText | $5.2B | – | 24.5K | 100K | 1991 |
| TruGrid | $859.7K | $480K | 7 | 10K | 2016 |
TruGrid CEO, founders & employees
Peter Ayedun founded TruGrid in 2016 and runs it as CEO. TruGrid had 7 employees (October 2024, LinkedIn), up from 6 a year earlier.
- Peter AyedunFounder & CEO
All 5 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 7 | |
| Dec 2023 | 6 | |
| Dec 2022 | 5 | |
| Dec 2021 | 5 | |
| Aug 2020 | 1 | – |
TruGrid FAQ
What is TruGrid's revenue?
GetLatka estimates TruGrid's revenue at about $859.7K a year (October 2024). The company hasn't published its own figure.
How much funding has TruGrid raised?
TruGrid has raised $480K in one funding round: a Seed round in August 2018.
How many employees does TruGrid have?
TruGrid had 7 employees in October 2024, according to LinkedIn.
Who is the CEO of TruGrid?
Peter Ayedun is the CEO of TruGrid and founded the company in 2016.
Who founded TruGrid?
Peter Ayedun founded TruGrid in 2016.
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How this page is sourced
4 from public sources · 2 estimates. 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 Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun TruGrid? Join the podcast