• FOUNDING YEAR: 2013
    LOCATION:
    United States
    REGION:
    CA
    Last Update:
    27 Jun, 2019

Description

FOCUS

PRODUCTS & SERVICES:
True Link provide a solution that protect the elderly from fraud. It offers pre-paid visa cards as a solution that prevents elderly people from frauds and finanical abuse. In addition to fraud detection algorithms developed by the company, the card can be customizied to restrict telemarketers, charitable trust, etc.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Caregivers of aging adults
EXISTING PARTNERSHIPS:
CoPatient

PEOPLE

FOUNDERS:
Claire Mcdonnell, Kai Stinchcombe
Board Members and Advisors:
Mitchell Kapor, Matthew Karls, Kanyi Maqubela, Dakin Sloss, Mark Poole, Jacob Rosenberg, Sasha Orloff
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
QED Investors, Radicle Impact Partners, Initialized Capital, Kapor Capital, Cambia Health Solutions, Symmetrical Ventures, Ziegler, Collaborative Fund, Generator Ventures, Echo Health Ventures, Nelstone Ventures, Bodley Group, Karlin Ventures, Nest, Aging2.0

TRACTION

VALUATION / MARKET CAP:
$22.67 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$15.8 Millions
DATE OF LAST FUNDING:
Oct 2017
TOTAL FUNDING COMMENT:
The company will use the funds to grow its customer base and continue to invest in its service. (Oct. 2017)
SEED & PRIOR FUNDING:
$7 Millions
SEED CLOSED ON:
Nov 2016
FUNDING SERIES:
SERIES A
$8 Millions Closed: Oct 2017
LISTED:
NO
COMMENT:
As per the source, the company claims that it has raised $15.8 M funds but the total shows $15 M to date. (Oct. 2017)

LATEST RESEARCH