TruVideo Secures $40M Growth Investment from TZP Growth Equity

TruVideo’s platform leverages AI and augmented reality (AR) to deliver personalized customer experiences.

TruVideo Secures $40M Growth Investment from TZP Growth Equity
Source: TruVideo

Company Name: TruVideo
Location: Wellesley, MA
Industry: AI and AR-Driven Communication Technology

Funding Details:

  • Amount: $40M (Growth Investment)
  • Investor: TZP Growth Equity
  • Board Appointment: Shamit Mehta, Partner at TZP Growth Equity, joins TruVideo’s Board of Directors.

Purpose of Investment:
The funds will support continued innovation, product development, customer service enhancements, and market expansion.

Leadership:

  • CEO: Joe Shaker
  • CTO: Douglas Chrystall

Product:
TruVideo provides an AI-powered video and messaging platform designed to enhance communication and customer experiences. Its solutions enable service providers, technology companies, and customer-focused businesses to visually explain and clarify recommended services, closing the communication gap between experts and clients.

About the Company:
TruVideo’s platform leverages AI and augmented reality (AR) to deliver personalized customer experiences. It empowers businesses to provide transparent, real-time communication, improving customer satisfaction and operational efficiency across various industries.