Truecaller is a global platform for verifying contacts and blocking unwanted communication. The company operates a caller ID and spam-blocking app with crowdsourced phone number database spanning 150+ countries. Truecaller enables safe and relevant conversations between people and provides businesses with tools to connect with consumers efficiently. The platform supports Android, iOS, and web, serving over 500 million users with approximately 70% from India.
Truecaller is publicly traded
IPO'd on Oct 8, 2021
This company is no longer available on our private secondary market. Shares can be traded publicly under TRUE B.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2009
Employees
201–500
Total Funding
$196.1M
7 rounds
Last Private Valuation
$2.2B
Oct 8, 2021
Completed $15M acquisition of TextPlus to add VoIP/second-number capability in the US
Small bolt-on; minimal direct effect on valuation or liquidity
Cut 70 jobs (~15% of staff) after Q1 ad revenue fell 44% amid India real-money-gaming ban
Cost-cutting under revenue pressure; watch for further margin stress
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Rounds in grey italics are unconfirmed.
Total raised $196.1M across 7 rounds
Last updated 10-07-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Oct 8, 2021 | IPO | $116M | $2.2B | Carnegie Investment Bank, J.P. Morgan, Morgan Stanley |
| Oct 10, 2018 | Venture round | $5.5M | — | Zenith Venture Capital |
| Dec 12, 2016 | Secondary — Zenith Venture Capital | $10.9M | — | Zenith Venture Capital |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series C
$300M
Oct 2014
Truecaller today
$2.2B
Oct 2021 · latest mark
Truecaller multiple
7.3x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Rishit Jhunjhunwala
Chief Executive Officer (Group CEO)
Alan Mamedi
Co-founder, Board Member
Nami Zarringhalam
Co-founder, Board Member
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Hiya
Caller ID and spam-blocking app (formerly WhitePages Caller ID); free with no ads
Whoscall
Caller ID service with 65M+ downloads and 1B+ number repository; offline database capability
CallApp
All-purpose caller ID app with call blocking, identification, and call recording features
ShowCaller
Lightweight caller ID alternative with intuitive UI and battery-friendly design
Mr. Number
Caller identification and spam blocking with granular filtering options
TrapCall
Call blocking and identification for iOS and Android with anonymous call reveal technology
Yes, Truecaller is publicly traded under the ticker symbol TRUE B on the Nasdaq Stockholm. The company went public in Oct 8, 2021.
Truecaller trades under the ticker symbol TRUE B on the Nasdaq Stockholm. It began trading in Oct 8, 2021.
Truecaller (TRUE B on the Nasdaq Stockholm) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker TRUE B to place an order.
Truecaller went public in Oct 8, 2021 via ipo, with an offering valuation of approximately $2.2B. Truecaller has traded on Nasdaq Stockholm as TRUE B since its 8 October 2021 IPO at SEK 52 per Class B share. The public market is now the reference point for its value: the shares stood at SEK 22.01 on 18 September 2026, a market capitalisation of roughly SEK 6.9 billion, after net sales fell 27 percent year-on-year in the first quarter of 2026 and 21 percent in the second on a 41 percent decline in India and a sharp drop in third-party advertising. In response the company cut about 70 positions from the second quarter of 2026 at a one-off cost of SEK 23.5 million, shifted its mix toward subscription and enterprise revenue, which reached roughly 47 percent of sales in the second quarter, and on 10 September 2026 completed the USD 15.0 million acquisition of US-based TextPlus Inc.
Truecaller raised $196.1M across 7 disclosed funding rounds prior to its public listing.
Truecaller was co-founded by Alan Mamedi, and Nami Zarringhalam in 2009.
Truecaller is headquartered in Stockholm, Sweden.
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