# True Office

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/true-office

- Industry: Software
- Headquarters: New York, US
- Website: www.trueoffice.com
- Total disclosed funding: $3M
- Latest round: Series A (Jan 24, 2013)
- Investors on record: 4

## About

True Office is a workplace learning company that specializes in compliance training solutions through data-driven learning methodologies designed to enhance employee performance.Founded in 2010 and headquartered in New York, US, True Office develops innovative training solutions aimed at improving compliance and employee performance. The company was acquired by Marlin Equity Partners in June 2017, having previously been owned by Intercontinental Exchange Inc. The CEO, Oleksandra Gordienko, leads the company as it focuses on expanding its offerings and market reach. True Office has completed a total of 3 deals, with its most recent funding round being a Series A that raised USD 3.00 mn from investors including Contour Venture Partners, Partnership Fund for New York City, RHO Capital Partners, and Work-Bench.True Office's products are centered around comprehensive workplace learning solutions that enhance training effectiveness through adaptive learning technologies. Their flagship Learning Pool Platform personalizes training experiences based on learner profiles, supporting various industries such as business services, construction, hospitality, and technology. The platform has effectively served clients like IHG, which upskilled 3,000 leaders across 42 countries. Additional offerings include adaptive compliance courses and AI-powered learning aids, aimed at addressing skill gaps and compliance challenges in diverse markets.In the most recent fiscal year of 2016, True Office reported revenue of USD 1.90 mn and an EBITDA of USD -0.50 mn, reflecting the company's ongoing investment in its product development and market strategies.True Office plans to leverage its recent funding from the Series A round to expand its product lineup and enhance its training solutions. This includes the development of new adaptive learning technologies and compliance training modules set to launch in the upcoming year. In addition, the company aims to penetrate new markets in Europe and parts of Asia by 2020, focusing on tailoring solutions to meet regional compliance requirements. The funds raised will support these initiatives and facilitate strategic partnerships that enhance their market presence.

## Funding rounds

- Series A, Jan 24, 2013, $3M — RHO, Contour Venture Partners, Partnership Fund for New York City, Work-Bench

## Investors

- RHO (https://capitalatlas.ai/funds/rho) — Series A
- Contour Venture Partners (https://capitalatlas.ai/funds/contour-venture-partners) — Series A
- Partnership Fund for New York City (https://capitalatlas.ai/funds/partnership-fund-for-new-york-city) — Series A
- Work-Bench — Series A