Founded in 2023 by Stanford graduates Ali Sarilgan and Dr. Ozge Islegen-Wojdyla, TrueMeter (formerly EcoTrove) 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.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 09/10/25 | $4,000,000 | Seed |
Costanoa Ventures Cyan Ventures e2vc Flex Capital Pear Ventures RiverPark Ventures Sand Hill Angels Sarah Smith Fund Ulu Ventures  | undisclosed |
