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Truvelop raises $700K to close out seed funding round

Truvelop, a human resources technology company, has raised $700,000 to close out its seed funding round and help fuel its growth plans for 2022.

The Baltimore-based startup has now raised a little more than $2 million since being founded in 2019, CEO Lisa First-Willis said. The new funding comes from a combination of new and existing investors. Truvelop received $200,000 from Maryland Technology Development Corp. (TEDCO) last year.

Posted January 14, 2022

About TEDCO

TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.

Media Contacts

Tammi Thomas, President, TEDCO, tthomas@tedcomd.com

Rachael Kalinyak, Associate Director, Marketing & Communications, TEDCO, rkalinyak@tedcomd.com