TrueMeter raises $4M in a Seed round led by Ulu Ventures to expand its AI energy savings platform for brick-and-mortar businesses.
Amount Raised
$4 Million
Round Type
Seed
San FranciscoEnergySoftwareArtificial IntelligenceAnalyticsEnergy ManagementInvestors
Description
TrueMeter has announced $4 million in seed funding to expand its AI-powered energy savings platform. Led by Ulu Ventures, the funding aims to address the significant market for commercial energy bills. The platform promises 7-15% savings with zero upfront investment. The company has already saved over $3M for its clients.
Quick answer
TrueMeter raised $4 Million in a Seed round, dated September 10, 2025. Investors: E2 VC, Riverpark Ventures, Sand Hill Angels, Costanoa, Cyan Ventures, Sarah Smith Fund, Flex Capital and Pear VC. TrueMeter is based in San Francisco, California, United States.
- How much did TrueMeter raise?
- TrueMeter raised $4 Million in a Seed round on September 10, 2025.
- Who invested in TrueMeter?
- E2 VC, Riverpark Ventures, Sand Hill Angels, Costanoa, Cyan Ventures, Sarah Smith Fund, Flex Capital and Pear VC are named as investors in this round.
- What does TrueMeter do?
- TrueMeter was formerly known as EcoTrove.
- Where is TrueMeter based and how big is it?
- TrueMeter is based in San Francisco, California, United States. Fundz records about 7 employees.
- Who are the decision-makers at TrueMeter?
- Fundz holds 1 contact at TrueMeter. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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.
- Locstat raised $2.9M (Pre-Series A) on October 24, 2025.
- Crustdata raised $6M (Seed) on October 22, 2025.
- Sumble raised $39M (Seed) on October 22, 2025.
- Boost.space raised $7.1M (Seed) on October 22, 2025.
- Chatfuel raised $1.5M (Seed) on October 21, 2025.
- Estuary raised $17M (Series A) on October 21, 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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Related People
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