Fundz

True Meter reported raising $5.52 Million in an initial SEC Form D filing, from an offering of $5.52 Million

PRIVATEJan 13, 2026Late filing, first sale Jun 6, 2025$5.5M of $5.5M raised

Amount Raised

$5.52 Million

$5.52 Million sold, per SEC Form D (first sale Jun 6, 2025)

Round Type

Venture

San FranciscoEnergySoftwareArtificial IntelligenceAnalyticsEnergy Management

Investors

Sand Hill AngelsCostanoaCyan VenturesSarah Smith FundFlex CapitalRiverpark VenturesPear VCUlu Ventures

Who else raised in Energy and Analytics around the same time

Companies in the same sectors as TrueMeter that raised within 45 days of this round, from Fundz verified event records.

  • Open Access Energy raised $1.8M (Seed) on June 25, 2025.
  • Open Access Energy raised $2.2M (Seed) on June 17, 2025.
  • Fire AI raised an undisclosed amount (Pre-Seed) on July 16, 2025.
  • Navana AI raised $814K (Pre-Series A) on July 15, 2025.
  • TASS Vision raised $1.5M (Funding Round) on July 14, 2025.
  • Lucidya raised $30M (Series B) on July 14, 2025.

Who to call at TrueMeter, and when

A new round usually means TrueMeter is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day TrueMeter raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at TrueMeter, from your own LinkedIn network

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Company Information

Company

TrueMeter

Location

San Francisco, California, United States

About

TrueMeter was formerly known as EcoTrove. TrueMeter is an AI energy savings platform that helps brick-and-mortar businesses reduce utility costs by up to 15% with zero upfront investment. The company's end-to-end solution includes rate optimization, consolidated billing, predictive analytics, and operational insights for restaurants, retailers, and hospitality businesses. Founded in 2023 by Stanford graduates Ali Sarilgan and Dr. Ozge Islegen-Wojdyla, TrueMeter is backed by Ulu Ventures, Pear VC, e2.vc, and leading energy industry experts.

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Fundz sees it the moment TrueMeter raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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ML-powered predictions for TrueMeter's next move

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TrueMeter raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.