TrueFi: Funding, Investors & Team (Oct 2026)
TrueFi is a decentralized protocol for uncollateralized on-chain lending. The aim is for TrueFi to become the ultimate market-driven, automated credit rating and lending system, freeing money to move wherever it creates the most value instantly. On TrueFi, lenders enjoy competitive rates and full transparency of how their assets are utilized. Meanwhile, borrowers get access to fast, fixed rate loans with no collateral requirements, all while building an on-chain credit history. The process of vetting borrowers for creditworthiness and approving new loans is in the hands of holders of TRU, the TrueFi platform token. TrueFi was developed by TrustToken, the same team that launched and grew TUSD and four other leading stablecoins into asset-backed tokens trusted by many, attested live on-chain and now moving billions of dollars in monthly volume across +100 trading partners and 112 countries.
TrueFi has raised $12.5M across 1 funding round on record, the most recent an Initial Coin Offering of $12.5M announced in Aug 2021.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
TrueFi Company Profile and Key Stats
Latest funding round on record: Aug 2021.
TrueFi Funding Rounds
TrueFi Founders and Leadership Team
No contact details are on record for this team yet.
TrueFi Funding Compared to Other Financial Services Startups
TrueFi's latest round of $12.5M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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TrueFi Funding FAQs
What does TrueFi do?
TrueFi is a decentralized protocol for uncollateralized on-chain lending. The aim is for TrueFi to become the ultimate market-driven, automated credit rating and lending system, freeing money to move wherever it creates the most value instantly. On TrueFi, lenders enjoy competitive rates and full transparency of how their assets are utilized. Meanwhile, borrowers get access to fast, fixed rate loans with no collateral requirements, all while building an on-chain credit history. The process of vetting borrowers for creditworthiness and approving new loans is in the hands of holders of TRU, the TrueFi platform token. TrueFi was developed by TrustToken, the same team that launched and grew TUSD and four other leading stablecoins into asset-backed tokens trusted by many, attested live on-chain and now moving billions of dollars in monthly volume across +100 trading partners and 112 countries.
How much funding has TrueFi raised?
TrueFi has raised $12.5M across 1 round on record. The most recent is an Initial Coin Offering of $12.5M announced in Aug 2021.
When did TrueFi last raise funding?
TrueFi's most recent funding round on record is an Initial Coin Offering of $12.5M, announced in Aug 2021.
Who is the CEO of TrueFi?
Rafael Cosman is listed as CEO at TrueFi.
Where is TrueFi headquartered?
TrueFi is based in San Francisco, California, United States.
How many employees does TrueFi have?
TrueFi is in the 11-50 employee band.
How does TrueFi's funding compare to other Financial Services startups?
TrueFi's latest round of $12.5M is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's TrueFi Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for TrueFi is left off this page rather than filled in.
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