TruEquity

Company Overview

Snapshot

Founded in January 2009 by Hagi Schwartz and Eran Palmon, TruEquity operates with 1–10 employees. The company raised $1.5M across one funding round before being acquired by NASDAQ Private Market in July 2014.

Business overview

TruEquity develops software solutions designed for early-growth companies, focusing on equity management. Its core technology allows businesses to track and model shares, manage financing rounds, and compute critical financial metrics such as pre-money valuation, share price, holding percentage, and total investment. The platform also supports convertible notes and options, facilitating conversion at subsequent financing rounds. TruEquity primarily serves the Fintech & Insurtech sector, offering business-to-business (B2B) software applications and management solutions.

Strategic signal

In July 2014, TruEquity was acquired by NASDAQ Private Market, marking a significant exit for the company. This acquisition signals a validation of TruEquity's equity management platform and its potential to integrate within larger financial market infrastructure, providing NASDAQ Private Market with enhanced capabilities for private company equity transactions.

Company Intelligence Q&A

What is TruEquity's primary business?

TruEquity develops software that enables companies to track and model shares, manage financing rounds, and calculate pre-money valuation, share price, holding percentage, and total investment. It also supports convertible notes and options.

When was TruEquity founded?

TruEquity was founded in January 2009.

Who are the founders of TruEquity?

TruEquity was co-founded by Hagi Schwartz and Eran Palmon.

What was a significant corporate milestone for TruEquity?

In July 2014, TruEquity was acquired by NASDAQ Private Market, leading to its inactive status.

What is the total capital raised by TruEquity?

TruEquity raised a total of $1.5M across one funding round.