TruVideo, a Wellesley, MA-based company which specializes in AI and AR driven communication technology for the transportation industry, received a $40M growth investment from TZP Growth Equity.
As part of the investment, Shamit Mehta, Partner with TZP Growth Equity, will join TruVideo’s Board of Directors.
The company intends to use the funds to accelerate its continued innovation, product development, customer service and market expansion.
Led by CEO Joe Shaker and CTO Douglas Chrystall, TruVideo is a provider of AI-driven video and messaging solutions that transform customer experiences across a wide range of industries, including service providers, technology companies, and customer-focused businesses. Its platform empowers customers to see and understand the services and solutions recommended by experts, bridging a longstanding communication gap between providers and their clients.
