Valuation
$2.6M
2024 Revenue
$859.7K
Customers
10K
Funding
$480K
YOY
14.4%
Avg ACV
$86
Team
7
Founded
2016
How TruGrid CEO Peter Ayedun grew 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
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | TruGrid Hit $859.7k revenue in October 2024 | |
| 2023 | TruGrid Hit $751.2k revenue in December 2023 | |
| 2020 | TruGrid Hit $96.3k revenue in August 2020 | |
| 2016 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2018 | Seed Round | $480K | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
TruGrid serves 10K customers.
TruGrid Employees & Team Size
TruGrid employs approximately 7 people as of 2026, up from 6 in 2023. It serves 10K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 7 employees (October 2024) |
| 2023 | Reached 6 employees (December 2023) |
| 2022 | Reached 5 employees (December 2022) |
| 2021 | Reached 5 employees (December 2021) |
| 2020 | Reached 1 employees (August 2020) |
Frequently Asked Questions about TruGrid
What is TruGrid's revenue?
TruGrid generates an estimated $859.7K in annual 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 across 1 round.
How many employees does TruGrid have?
TruGrid has 7 employees.
Where is TruGrid headquarters?
TruGrid is headquartered in Schaumburg, Illinois, United States.
Compare TruGrid to the industry
TruGrid operates across multiple industries. Browse revenue, funding, and growth data for TruGrid 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.
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