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Truecaller acquires TextPlus for $15 million
PRIVATESep 12, 2026•about 2 hours ago
Acquiring Company
Truecaller
Acquired Company
TextPlus
StockholmLos AngelesCommerce and ShoppingSoftwareSales And Marketinginformation technology & servicesInformation TechnologyHardwareMobileMessagingVoip
Description
Truecaller has completed its $15 million acquisition of TextPlus to strengthen its presence in the U.S. market. The acquisition will add internet-based calling, messaging, and second-number capabilities to Truecaller's platform. TextPlus will continue to operate as a separate brand, enhancing Truecaller's product offerings. This strategic move is expected to broaden Truecaller’s service capabilities and foster integration across communication services.
Company Information
Company
Truecaller
Location
56 Maester Samuelsgatan
Stockholm, Stockholm County, Sweden
About
The company said it plans to do its listing by fourth quarter of this year. Truecaller, which operates an eponymous caller-identification service, said on Wednesday it is looking to raise $116 million in an initial public offering on Nasdaq Stockholm. With a clear focus on innovation and growth, Truecaller is on an exciting journey to reach even more users with even better products,” said Shailesh Lakhani, Managing Director at Sequoia Capital India, in a statement.
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70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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Frequently asked
Who acquired TextPlus?
TextPlus was acquired by Truecaller, based in Stockholm. The deal was reported on September 12, 2026. The company said it plans to do its listing by fourth quarter of this year. Truecaller is privately held and operates in Commerce and Shopping.
When did Truecaller acquire TextPlus?
Truecaller's acquisition of TextPlus was reported on September 12, 2026. Truecaller has completed its $15 million acquisition of TextPlus to strengthen its presence in the U.S. market. The acquisition will add internet-based calling, messaging, and second-number capabilities to Truecaller's platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does TextPlus do?
TextPlus Inc. is a US-based communications technology company that specializes in cloud-based voice, messaging, and connectivity services. It is privately held, operating in Information Technology, and is based in Los Angeles.
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