ACCESS Newswire

TruRating

23.5.2023 14:15:00 CEST | ACCESS Newswire | Press release

Share
Half a Billion Ratings for TruRating, the Customer Feedback Platform That Was 'Never Supposed To Happen'

ATLANTA, GA / ACCESSWIRE / May 23, 2023 / TruRating, the world's fastest growing, most representative and trusted consumer ratings platform, today announces a milestone half a billion pieces of feedback collected worldwide.

Founded by consumer rights lawyer and advocate Georgina Nelson in 2014, TruRating's mission from day one has been to challenge the limitations of a feedback industry increasingly under fire for a lack of transparency around the provenance of ratings and reviews relied upon by so many customers every day.

By ensuring only paying customers provide feedback, Nelson and team have built a trustworthy alternative to dubious online platforms or tired receipt-based surveys by giving consumers a trusted voice - and, as TruRating overtakes platforms such as Yelp and Trip Advisor in the numbers game, the retail industry has started to pay close attention.

Traditionally the industry has struggled to get customer feedback from more than around 1-3% of the people that shop with them. "We knew the answer to challenges around customer feedback lay in taking a consumer-first approach. By giving customers a quick, simple, and anonymous way to offer feedback as they paid, we told businesses we could get them response rates of up to 80% daily - and so far, we've been proven right." Nelson said, speaking from TruRating's US HQ in Atlanta. Global brands who have recognized the potential of the patented technology to build stronger connections with their customers include the likes of Aldi, Levi's, Calvin Klein and Five Below.

Nelson knew that a key part of seeing her dream realized would be developing partnerships with the world's leading payment companies.

"When I first pitched my idea of using payment terminals to collect customer feedback to a consultant in the industry - he showed me a picture of a brick wall and basically said it's never going to happen," Nelson said. "The fact that we're now at over half a billion ratings is simply incredible. I couldn't be prouder of what we've achieved as a team."

It wasn't an easy undertaking to convince such a security-conscious industry to join forces with a young start-up, but now around 80% of global enterprise payments companies serving TruRating's target market are on board, happy to be offering such a valuable added benefit to their retail customers. Part of TruRating's success also lies in its philosophy of giving back to children's charities around the world, which it does with every response.

TruRating's hard work and clear vision for a better world for businesses and consumers has paid off. Nelson was recently recognized as one of the Top 100 Women in FinTech, while just last week TruRating won the Customer Centricity World Series award for CX Solution of the Year - beating some incredible competition, including industry giant Qualtrics.

Simon O' Kane, vastly experienced at overseeing fast growth of tech companies, having served as Managing Director at both Qualtrics and Salesforce, recently joined the TruRating team as an advisor, investor, and non-executive director. Speaking from his London base, O'Kane said

"We're building something that will serve as a catalyst for future retail innovation and a full-scale overhaul of the insights industry as it exists today. TruRating has already proven it has the makings of a runaway success story, and I couldn't be more excited to be on-board for this stage of the growth journey."

With continued growth and expansion projected for 2023, the future looks bright for TruRating as the company eyes its next step - spring boarding from existing industry success into wider consumer awareness across the globe.

About TruRating:
TruRating is a technology company that specializes in customer experience insights for the retail industry. By asking a single question of each paying customer, TruRating provides feedback at a mass rate, combining payment authenticated responses with detailed transactional data. TruRating's unique platform allows businesses to make smarter business decisions, in real-time, while simultaneously fueling a trusted online recommendations platform. The company was founded in 2014 by then lawyer and consumer rights advocate, Georgina Nelson.

https://www.linkedin.com/company/trurating

Contact: Jill Bentley
jill.bentley@trurating.com
+1 404 936 2291

SOURCE: TruRating



View source version on accesswire.com:
https://www.accesswire.com/756446/Half-a-Billion-Ratings-for-TruRating-the-Customer-Feedback-Platform-That-Was-Never-Supposed-To-Happen

To view this piece of content from www.accesswire.com, please give your consent at the top of this page.

About ACCESS Newswire

DK

Subscribe to releases from ACCESS Newswire

Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from ACCESS Newswire

Innodata Reports Record Second Quarter 2026 Results6.8.2026 22:05:00 CEST | Press release

Revenue Up 58% Year-Over-Year, Beats Consensus by 7% Adjusted EBITDA of $25.4 Million, Beats Consensus by 50% Adjusted Gross Margin Expands to 49% Announces Planned Leadership Transition Effective September 30: Rahul Singhal to Become President and CEO, Jack Abuhoff to Become Executive Chairman NEW YORK, NY / ACCESS Newswire / August 6, 2026 / INNODATA INC. (NASDAQ:INOD) today reported results for the second quarter ended June 30, 2026. Revenue of $92.1 million, representing 58% year-over-year revenue growth. Adjusted Gross Profit of $45.4 million, representing Adjusted Gross Margin of 49%.* Adjusted EBITDA of $25.4 million, or 27.5% of revenue, an increase of $12.1 million from $13.2 million in the same period last year.* Net income of $14.4 million, or $0.43 per basic share and $0.41 per diluted share for the three-month period ended June 30, 2026, compared to net income of $7.2 million, or $0.23 per basic share and $0.20 per diluted share, in the same period last year. Cash, cash eq

Loar Holdings Inc. Reports Q2 2026 Record Results and Upward Revision to 2026 Outlook6.8.2026 14:30:00 CEST | Press release

WHITE PLAINS, NY / ACCESS Newswire / August 6, 2026 / Loar Holdings Inc. (NYSE:LOAR) (the "Company," "Loar," "we," "us" and "our") reported record results for the second quarter of 2026. "Through the first half of the year, the business continues to outperform our expectations, driven by exceptional demand across our end-markets and strong conversion of our new business pipeline. Of the approximately $750 million in our pipeline, we secured initial orders that provide visibility to approximately $200 million of revenue over the next five years," said Dirkson Charles, Loar Holdings Chief Executive Officer and Executive Co-Chairman of the Board of Directors. Second Quarter 2026 Net sales of $171.6 million, up 39.4% compared to the prior year's quarter. Net income of $16.7 million, equal to the prior year's quarter. Diluted earnings per share of $0.18 compared to $0.17 for the prior year's quarter. Adjusted EBITDA of $69.4 million up 47.4% compared to the prior year's quarter. Net income

RE Royalties Announces Third Investment in Solaris Energy's Portfolio and Letter of Intent for Expanded Royalty Partnership for a Further US$62.7 Million5.8.2026 12:00:00 CEST | Press release

All amounts in US dollars unless otherwise stated. VANCOUVER, BC / ACCESS Newswire / August 5, 2026 / RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF)(FSE:Y2V) ("RE Royalties" or the "Company") is pleased to announce a further investment of US$1 million toward the purchase of royalties on a portfolio of Solaris Energy Inc.'s ("Solaris") distributed generation ("DG") solar projects located throughout the United States. The Company also announced that it has entered into a non-binding Letter of Intent ("LOI") of up to US$67.5 million with Solaris to pursue an expanded royalty funding partnership across Solaris' current and future project pipeline. This third tranche payment brings RE Royalties' total investment in royalties over Solaris' portfolio to US$4.8 million. The Company previously funded US$3 million, as announced on January 7, 2026, followed by US$800,000 as announced on February 9, 2026. Solaris' Portfolio consists of 16 distributed generation solar projects totaling approximately 15.2

Kleen Hy-Dro-Gen Inc. Is Pleased to Announce Dual ISO 9001:2015 and TSSA Certifications, Bolstering Operational Quality and Technical Safety Governance5.8.2026 02:10:00 CEST | Press release

Key regulatory and quality management accreditations position the CSE-listed clean energy technology provider for accelerated commercialization and potential major enterprise contracts to manufacture and sell, residential and commercial, Zero Emissions Heating Systems using Hydrogen as a heat energy source. TORONTO, ON / ACCESS Newswire / August 4, 2026 / Kleen-Hy-Dro-Gen Inc. (the "Company") (CSE:KLN) is pleased to announce that it has officially achieved both ISO 9001:2015 Quality Management System certification and regulatory Technical Standards and Safety Authority ("TSSA") certification for its flagship product KLEEN HEAT On-Demand Hydrogen Heating System. These dual accreditations mark a major operational milestone for the Company, establishing independent third-party verification of the Company's quality assurance framework, engineering standards, and regulatory safety compliance across its Kleen Heat technology, advancing the Company's goal of safely utilizing the system in Zer

Innodata Releases the First Stage of Its AI Cyber Training Suite to Enable AI Coding Agents to Write - and Repair - Secure Code4.8.2026 14:30:00 CEST | Press release

Twelve datasets and evaluation systems, built by hand from thousands of real-world security flaws, give model builders and enterprises a proven way to keep AI-generated code from introducing vulnerabilities. NEW YORK, NY / ACCESS Newswire / August 4, 2026 / INNODATA INC. (Nasdaq:INOD) today released the first stage of its AI Cyber Training Suite - twelve datasets and evaluation systems that train AI coding agents to write code that avoids known security flaws, to avoid introducing new ones, and to patch existing vulnerabilities in the software companies already run. The suite addresses what has become a central barrier to trusting AI-written code: the risk that an agent, while adding a feature or modernizing a legacy system, quietly opens a security hole. The AI Cyber Training Suite works across the stack of coding agents - the models, the harnesses, and the tools - to help ensure the code they produce is not just functional, but secure. It is available to model builders and enterprise

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye