Trusscore Inc.

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Trusscore Inc. - overview

Established

2013

Location

-, ON, Canada

Primary Industry

Materials

About

Based in Canada, Trusscore Inc. manufactures high-performance PVC-based wall and ceiling panels, providing sustainable building solutions for various sectors including residential, commercial, and agricultural applications. Trusscore Inc. is a Canadian company founded in 2013, dedicated to the production of innovative wall and ceiling panels.


The company was co-founded by Joel Koops and Steve Bosman, and it has completed a total of 3 deals to date. The most recent funding deal occurred on February 20, 2025, when Trusscore received CAD 2. 298 million in a GRANT from FedDev Ontario, contributing to the total amount raised of CAD 26. 000 million.


Trusscore specializes in manufacturing high-performance PVC-based wall and ceiling panels, which serve as sustainable alternatives to traditional drywall and fiber-reinforced plastic (FRP) solutions. The company's core product offerings are designed to be easy to install and exceptionally durable, making them suitable for various applications including residential areas, commercial projects, and agricultural facilities. Their panels are engineered with nanotechnology to enhance performance while providing a clean and aesthetically appealing finish. Trusscore's products are utilized in diverse environments such as home garages, workshops, hospitality venues, and agricultural structures like barns and grow rooms.


The company markets its solutions to contractors, builders, and commercial enterprises across North America and select international markets, positioning itself as a leader in innovative building materials within the construction industry. Trusscore generates revenue primarily through direct sales of its building products to contractors and businesses across various sectors. The sales structure typically involves relationships with distributors and retailers who facilitate access to Trusscore’s products for end-users, including commercial contractors and agricultural operators. Transactions are often structured as business-to-business (B2B) agreements, enabling clients to purchase products in bulk for large-scale projects.


Pricing plans reflect the value of flagship products such as Trusscore Wall&CeilingBoard, which has been recognized for its innovative design and performance attributes. The revenue model is further supported by the company's commitment to providing durable, reusable, and recyclable solutions that appeal to environmentally conscious consumers and businesses. In February 2025, Trusscore Inc. received approximately CAD 2.


3 million in grant funding from new investor FedDev Ontario. The company will utilize this funding to commercialize a new digital paint product for PVC wall and ceiling board alternatives to drywall. Trusscore is also focusing on expanding into new markets, targeting regions that will be specified in their growth strategy, with initiatives expected to take shape within the next few years.


Current Investors

Round13 Capital, Garage Capital, FedDev Ontario

Primary Industry

Materials

Sub Industries

Steel & Metals, Masonry Materials

Website

www.trusscore.com

Verticals

Manufacturing, Nanotechnology

Company Stage

Series A

Total Amount Raised

Subscriber access only

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