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Truleo, Inc.

Industrial & Manufacturing · Chicago, IL · Founded 2021

Improving police professionalism

Post-money valuation ⓘ
$30.9M
As of Apr 2023 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$6,244,155
Crowd $744K · Private $5.5M · 3 rounds since 2021
Latest share price
$13.81
Reg CF · Common Stock · Apr 2023 offering price

Financials

FY2021–FY2025 · from SEC filings · hover any figure for its source
$195K
−$880K
2021
$1.6M
−$2.2M
2022
$1.0M
−$4.1M
2023
$1.6M
−$2.8M
2024
$997K
−$2.1M
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed
FY2022 reviewed
FY2023 unaudited
FY2024 unaudited
FY2025 unaudited
Income statement
Revenue
$195,250
$1,606,151
$1,035,328
$1,557,939
$996,831
Cost of goods sold
$0
$100,176
$194,967
$368,267
$290,324
Gross margin
100%
94%
81%
76%
71%
Net income
-$880,141
-$2,192,893
-$4,102,292
-$2,828,720
-$2,060,462
Taxes paid
$0
$0
$0
$128,632
$20,308
Balance sheet
Cash
$458,489
$1,169,907
$235,387
$100,216
$63,586
Accounts receivable
$240,000
$121,480
$282,759
$0
$3,106,759
Total assets
$769,808
$1,380,025
$568,838
$569,782
$3,309,606
Short-term debt
$148,931
$0
$5,013
$693,740
$3,608,381
Long-term debt
$0
$0
$1,000,000
$0
$5,483,300
Total liabilities
$148,931
$0
$1,005,013
$693,740
$9,091,681
Other
Headcount
—
2
11
—
13

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$30.0M
pre-money
Reg CF · Common · Apr 2023

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

log scale
$13.81$3.7162$1.00
Sep 2021Apr 2023
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of May 1, 2026
Preferred Stock · 28.1%Common Stock · 71.9%
ClassOutstandingVotes / shareShare of totalLast price
Preferred Stockpreferred500,000—28.1%$13.81Apr 2023
Common Stock1,277,500171.9%—
Total1,777,500100%

Principal holders% as the filing states it, May 1, 2026

  • Anthony Tassone500,000 Common Stock50.0%of company
  • Tejas Shastry500,000 Common Stock50.0%of company

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $744.2K / $1.2MInvestors 349Post-money $30.9M

Team

2 people
Anthony TassoneFounder
Chief Executive Officer, Director, and Co-Founder

Anthony Tassone is the CEO of Truleo and comes from a proud military and law enforcement family. Anthony works closely with FBINAA and Major Cities Chiefs Association. He received his bachelor's degree from DePaul University in Computer Science and lives just outside of Chicago with his wife and 4 kids. Anthony is an avid bow hunter and triathelete, and he regularly speaks about culture, leadership, and entrepreneurship.

Tejas Shastry
Chief Technology Officer & Director

Tejas Shastry is the Chief Technology Officer of Truleo. He grew up in central Illinois and received his bachelor's degree and PhD from Northwestern University. Tejas works closely with NIJ LEAD Scholars and lives in Chicago with his wife and 2 kids. He is an avid data scientist and technologist who has authored over 30 peer-reviewed research publications and 10 patents, received 2 fellowships, and has been previously recognized on Forbes 30 under 30.

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not required3+ reports filed & assets ≤ $10M

Filed 3 of 3 annual reports (FY2023–FY2025)

349 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-ARMay 1, 20260001971763-26-000002
    EDGAR
  • Form C-ARMay 9, 20240001971763-24-000001
    EDGAR
  • Form C-UOct 23, 20230001665160-23-001869
    EDGAR
  • Form C/AAug 31, 20230001665160-23-001707
    EDGAR
  • Form C/AJul 19, 20230001665160-23-001536
    EDGAR
  • Form C/AJun 22, 20230001665160-23-001433
    EDGAR
  • Form C-ARApr 18, 20230001665160-23-000645
    EDGAR
  • Form C/AApr 11, 20230001665160-23-000590
    EDGAR
Source: ManualCIK 0001971763DEShare price $13.81

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.