Truedialog
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Truedialog - overview
Established
2008
Location
Austin, TX, US
Primary Industry
Software
About
Truedialog is a communications platform specializing in business text messaging, facilitating personalized and bulk SMS for marketing, customer service, and employee engagement. Founded in 2008 and headquartered in Austin, Texas, Truedialog offers a comprehensive SMS messaging platform. The company has undergone no significant pivots or changes in business strategy since its inception. John Wright serves as the CEO.
Truedialog received a total of USD 2. 00 mn in funding, with the latest round being a Growth round where Generation Partners invested USD 2. 00 mn on August 9, 2011. TrueDialog offers a comprehensive communications platform designed for business text messaging, classified as a Communications-Platform-as-a-Service (CPaaS).
The company's core product is its SMS messaging platform, facilitating personalized, bulk, and scheduled text messaging for marketing campaigns, customer service communications, and employee engagement. TrueDialog serves over 2,000 clients across industries like higher education and financial services, with notable customers such as Logan University and ShapeNet Software, primarily in the North American market. TrueDialog's revenue model is based on subscription pricing plans for its SMS messaging services, catering to enterprise and mid-market clients. Clients can choose from annual or monthly subscriptions that provide access to features like the award-winning TrueDelivery tool.
The pricing tiers depend on the volume of messages sent and features needed, ensuring a transparent pricing structure without hidden fees, which aligns with TrueDialog’s commitment to high security and compliance standards. The recent funding of USD 2. 00 mn will support TrueDialog's plans for future growth, including potential development of new products aimed at enhancing SMS delivery features. The company is also targeting expansion into additional North American markets by 2025 to broaden its client base.
The investment from Generation Partners is intended to facilitate these initiatives and support the company's growth trajectory.
Current Investors
Generation Partners
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Connectivity Software
Website
http://www.truedialog.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Truedialog - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Truedialog | - |
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Truedialog - employee data
Truedialog - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member & Lead Investor | BM |
BM Board Member
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