# Trullion

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/trullion

- Industry: Software
- Headquarters: New York, US
- Website: www.trullion.com
- Total disclosed funding: $30M
- Latest round: Series A (Apr 19, 2023)
- Investors on record: 5

## About

Based in New York, US, and founded in 2019, Trullion Ltd., formerly known as SMRT Corporation, operates as a developer of PDF contracts and Excel data translator and extractor tool for accountants. Isaac Heller, co-founder and CEO, and Amir Boldo, co-founder and CTO, were both affiliated in the financial even before starting Trullion Ltd. Aside from its headquarters in New York, the company also has another location in Tel Aviv. In April 2023, Trullion Ltd. raised USD 15 million in series A funding led by new investor StepStone, with participation from returning investors Aleph, Greycroft Partners, and Third Point Ventures.

The Trullion automation platform uses automated data entry from various sources that transform data from different sources such as the ASC 842, IFRS 16, and GASB 87 lease accounting standards into a streamlined source data to create Lease Accounting and Revenue Recognition financial graphs and reports.

Trullion Ltd. generates its revenue by offering controllers, audit teams, and CFOs its software modules for lease accounting and revenue recognition.

The company plans to further strengthen its workflow automation platform.

## Funding rounds

- Series A, Apr 19, 2023, $15M — Greycroft, Third Point, StepStone, Aleph
- Series A, Dec 1, 2021, $15M — Greycroft, Third Point, Aleph, Verissimo Ventures
- Seed, Mar 16, 2021 — Greycroft, Aleph, Verissimo Ventures

## Investors

- Greycroft (https://capitalatlas.ai/funds/greycroft) — Seed, Series A
- Aleph (https://capitalatlas.ai/funds/aleph) — Seed, Series A
- Verissimo Ventures (https://capitalatlas.ai/funds/verissimo-ventures) — Seed, Series A
- Third Point (https://capitalatlas.ai/funds/third-point) — Series A
- StepStone (https://capitalatlas.ai/funds/stepstone) — Series A
