Truecaller Acquires TextPlus Inc. Expanding U.S. Presence

News related to:Truecaller AB · 2 min read

STOCKHOLM, Sept. 11, 2026 /CourierPR/ -- Truecaller, the leading global platform for safe and trusted communication, has completed its acquisition of TextPlus Inc., a US-based communications technology company, on September 10, 2026. This strategic move will bolster Truecaller’s presence in the United States and expand its capabilities with complementary offerings such as second numbers and internet-based calling.

The deal, announced on July 17, 2026, valued TextPlus at $15 million on a cash- and debt-free basis. Truecaller’s acquisition marks a significant step in its mission to build trust in communication by offering a comprehensive suite of services to its users. As part of the acquisition, TextPlus will continue to operate as a separate company and brand, maintaining its user-friendly mobile platform and serving its existing consumer base.

Founded in 2009, TextPlus has established a large and diverse user base of approximately 1.5 million monthly active users, primarily in the U.S. These users seek affordable, app-based communication solutions. With this acquisition, Truecaller aims to integrate TextPlus’s innovative technologies and expand its reach, thereby enhancing its position in the global communications market.

Truecaller AB, listed on Nasdaq Stockholm since October 8, 2021, has been supported by DNB Carnegie Investment Bank AB, Squire Patton Boggs (US) LLP, and KPMG in the transaction. The legal advisors for TextPlus were Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP, and The Raine Group served as the exclusive financial advisor.

Truecaller’s expansion into the U.S. market through this acquisition underscores its commitment to providing a wide range of communication solutions. The company’s ability to integrate TextPlus’s services will enable it to offer a more comprehensive platform, furthering its goal of addressing the endemic issues of fraud and unwanted communication in digital economies, particularly in emerging markets.

The integration of TextPlus’s technology and user base will allow Truecaller to leverage TextPlus’s 14-person team to enhance its services and product offerings. This move is expected to strengthen Truecaller’s position in the rapidly evolving communications landscape, positioning it to meet the growing demand for reliable and secure communication solutions.

In conclusion, the acquisition of TextPlus Inc. by Truecaller AB marks a significant milestone in the company’s strategic expansion plans. By integrating TextPlus’s technologies and user base, Truecaller aims to create a more robust and comprehensive platform, ultimately enhancing the trust and safety of its users in their daily communications.

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