Truecaller AB acquires TextPlus

● STRATEGIC | HORIZONTAL SAAS · Collaboration & Communications

SEPTEMBER 11, 2026

Truecaller AB acquires TextPlus Inc.

TARGET

VoIP calling, SMS messaging, and second-number mobile app for US consumers seeking a carrier-free alternative to traditional wireless plans. Valuation: USD 15.0 million.

Deal value	USD 15.0M valuation
Revenue	USD 5.2 million (LTM May 2026, adjusted net revenue)
Ownership	VC-backed · Kleiner Perkins Caufield & Byers, Matrix Partners, GRP Partners, The Raine Group
Capital raised	~$53.3 million
Headcount	14 FTEs
Headquarters	Los Angeles, California
Leadership	Scott Lahman, Founder & CEO
Sell-side advisor	The Raine Group

ACQUIRER

Truecaller AB

Global caller identification, spam-blocking, and trusted communications platform listed on Nasdaq Stockholm

Ownership	Publicly traded (Nasdaq Stockholm: TRUE B)
Headcount	~470 FTEs
Headquarters	Stockholm, Sweden
Leadership	Rishit Jhunjhunwala, Group Chief Executive Officer Andreas Frid, Head of IR & Communication
Buy-side advisor	DNB Carnegie Investment Bank AB

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Truecaller AB -> TextPlus Inc.  (2026-09-18)
strategic_acquisition | Horizontal SaaS | USD 15.0 million valuation | closed
Target: VoIP calling, SMS messaging, and second-number mobile app for US consumers seeking a carrier-free alternative to traditional wireless plans. Valuation: USD 15.0 million.
Website: textplus.com | Buyer site: truecaller.com
HQ: Los Angeles, California | Ownership: vc-backed | Buyer ownership: public (Nasdaq Stockholm: TRUE B)
Advisors - Sell-side: The Raine Group; Buy-side: DNB Carnegie Investment Bank AB
Source: Thematic - https://thematichq.com/software/d/truecaller-ab-textplus-inc.html

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