TrueMeter

Financial Software · San Francisco, CA · Founded 2024 · Privately Held (backing)

Developer of an AI-powered energy agent designed to lower and stabilize utility costs for businesses. TrueMeter is based in San Francisco, CA and was founded in 2024. It was valued at $26 million at its seed round in Sep 2025, the last priced event on record. It has raised $5.5 million across 1 recorded round; the latest was a $5.5 million seed round in Sep 2025.

PMV mark · valuation
$26.0M
Oct 2026
Priced at
its seed round
Sep 2025
Total raised
$5.5M
Last round
Seed Round
Sep 2025

TrueMeter key facts

as of Oct 2026
  • Developer of an AI-powered energy agent designed to lower and stabilize utility costs for businesses.
  • TrueMeter is valued at approximately $26.0M as of Oct 2026, set at its seed round, Sep 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $5.5M across 1 recorded rounds; the latest was Seed Round ($5.5M) in Sep 2025.
  • Notable investors include StartX (US), Flex Capital, Pear (California), e2vc, Sand Hill Angels — 11 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$26.0M

Valued at $26.0M at its seed round, Sep 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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TrueMeter funding rounds

1 rounds
Sep 2025Seed Round$5.5M▮

TrueMeter valuation

TrueMeter was valued at $26 million at its seed round in Sep 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has TrueMeter raised?

TrueMeter has raised $5.5 million across 1 recorded round since 2025. The largest was a $5.5 million seed round in Sep 2025.

TrueMeter investors

11 investors are on record for TrueMeter, including StartX (US), Flex Capital, Pear (California) and e2vc. By type, the record holds 7 venture capital firms. The seed round in Sep 2025 drew 8 investors.

Comparable companies

Comparable financial software names by valuation on PrivateMarketView: HubSync ($30 million), Integrated Finance ($28.7 million) and Wunderite ($25 million).

About TrueMeter

Developer of an AI-powered energy agent designed to lower and stabilize utility costs for businesses. The company offers automated rate discovery, consolidated billing, and fixed-price payment plans, enabling retailers, food and beverage operators, health and wellness providers, and real estate managers to achieve predictable expenses and reduced energy spend.

Industry
Financial Software
Sector
Information Technology
HQ
San Francisco, CA, United States
Founded
2024
Employees
7
Ownership
Privately Held (backing)

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