Truecaller Acquires CallHero

January 13, 2022

Truecaller has agreed to acquire Israeli startup CallHero to integrate CallHero's AI-based call assistant technology into Truecaller's product and accelerate expansion in the US market. The deal is valued at USD 4.5 million (USD 2.6M cash, USD 1.9M in newly issued Truecaller shares, plus up to USD 2M contingent consideration).

Buyers
Truecaller AB
Targets
CallHero
Industry
Software
Location
Israel
Transaction Type
Buyout

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