TrueMeter (Seed)
Funding Details
Awarder
Inbox
Date Award
September 10, 2025
Vertical
AI Energy Savings
Funding Amount
$4,000,000
Company Info
Founding Year
2023
Founders
Ali Sarilgan, Dr. Ozge Islegen-Wojdyla
Market
Brick-and-Mortar Businesses
Location
San Francisco, CA, USA
Coinvestors
Costanoa Ventures, Cyan Ventures, e2vc, Flex Capital, Pear Ventures, RiverPark Ventures, Sand Hill Angels, Sarah Smith Fund, Ulu Ventures
Company Description

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.

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