• FOUNDING YEAR: 2013
    LOCATION:
    United States
    REGION:
    California
    Last Update:
    9 Sep, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Trueaccord Analytics Platform for Debt Collection Process
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Lendup, Yelp, Upwork
EXISTING PARTNERSHIPS:
Upwork, Kiva, Wepay
COMMENT
TrueAccord provides a data-driven debt collection platform powered by machine learning with a decision engine that analyzes consumer behavior and delivers personalized experiences by communicating with consumers at the right time in the right channel with payment options that meet their needs.

PEOPLE

FOUNDERS:
Ohad Samet, Nadav Sr. Samet, Nadav Jr. Samet
Board Members and Advisors:
Philip Mikal, Gene Alston, Ohad Samet, Nadav Samet
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Bryan Johnson, Homebrew, Hunter Walk, Khosla Ventures, Max Levchin, Michael Liou, Nyca Partners, Raymond Tonsing, TenOneTen Ventures, Arbor Ventures, Assurant, Felicis Ventures, Caffeinated Capital
KEY EMPLOYEES:
Ohad Same(CEO); Nadav Samet(CTO)

TRACTION

VALUATION / MARKET CAP:
$35 MM in 2015
TRANSACTIONS VALUE:
$60 MM
ACTIVE USERS:
0.4000
ACTIVE USERS COMMENT:
Debtors

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$33.25 Millions
DATE OF LAST FUNDING:
Nov 2017
TOTAL FUNDING COMMENT:
The company is planning to use the funds for future product development and innovation of its platform.
SEED & PRIOR FUNDING:
$6 Millions
SEED CLOSED ON:
Sep 2014
FUNDING SERIES:
SERIES A
$5.25 Millions Closed: Oct 2014
SERIES B
$22 Millions Closed: Nov 2017
LISTED:
NO

LATEST RESEARCH