Alan Mamedi is the co-founder and CEO of Truecaller, the world’s leading caller identification and spam-blocking platform. Born in Iran and raised in Sweden, Mamedi co-founded Truecaller in 2009 alongside his university friend Nami Zarringhalam after growing frustrated by persistent unwanted calls from employers who demanded he remove negative reviews from Jobbigt.se, an employer review website he had built. What started as a simple caller ID solution has grown into a global communications platform with over 450 million monthly active users across 175+ countries. Truecaller went public on the Nasdaq Stockholm exchange in October 2021 under the ticker TRUE B, and the company is headquartered in Stockholm, Sweden, with offices in India and the United States.
Read on to discover Truecaller CEO email address, Alan Mamedi net worth in 2026, salary and compensation, career history, family, and more.
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Truecaller Competitors
Truecaller operates in the caller identification, spam blocking, and mobile communication space. While Truecaller is the dominant global player with 450M+ users, it faces competition from several alternatives:
- Hiya — Seattle-based caller ID and spam protection service; used as default spam protection by Samsung, AT&T, and other carriers
- Whoscall — Developed by Gogolook (Taiwan); popular in Asia with over 100 million downloads and an offline caller ID database
- CallApp — Israeli caller ID app with 100M+ downloads; also offers call recording and contact backup
- Mr. Number — Owned by Hiya; focuses on spam call and text blocking for Android and iOS
- Showcaller — Lightweight caller ID app with offline database support; popular in developing markets
- Eyecon — Caller ID and phone dialer with social media integration and photo caller ID
- Google Phone — Google’s native dialer with built-in spam detection and caller ID, pre-installed on Pixel and many Android devices
Alan Mamedi — Quick Facts
| Alan Mamedi — At a Glance | |
|---|---|
| Full Name | Alan Mamedi |
| Position | Co-Founder & Chief Executive Officer |
| Company | Truecaller AB (Nasdaq Stockholm: TRUE B) |
| Age | 41 years old (born October 30, 1984) |
| Nationality | Swedish (Iranian-Kurdish descent) |
| Education | B.Sc. Computer Science, KTH Royal Institute of Technology, Stockholm |
| Net Worth (Est. 2026) | ~$350–450 Million |
| Total Compensation (2023) | SEK 5.48 Million (~$530,000 USD) |
| CEO Since | June 2009 (Co-Founder) |
| Co-Founder | Nami Zarringhalam (CTO & Co-Founder) |
| Ownership Stake | ~7.5% of Truecaller AB |
| Twitter/X | @AlanMamedi |
Alan Mamedi Net Worth 2026 — Truecaller CEO Salary
As of 2026, Alan Mamedi’s net worth is estimated at approximately $350–450 million USD. The bulk of his wealth comes from his ~7.5% ownership stake in Truecaller AB, which is publicly traded on Nasdaq Stockholm. With Truecaller’s market capitalization fluctuating in the range of SEK 4–6 billion (approximately $400–600 million USD), Mamedi’s stake alone represents a significant portion of his net worth. His net worth briefly touched $1 billion in late 2021 when Truecaller’s stock price peaked following its IPO.
In February 2025, Mamedi transferred 1 million Class B shares as a gift to close relatives, reducing his stake from approximately 7.75% to 7.5% of total capital. He continues to hold substantial voting power through his Class A shares.
Truecaller CEO Compensation Breakdown (FY 2023)
Truecaller’s 2023 Remuneration Report, filed with Nasdaq Stockholm, disclosed the following compensation for CEO Alan Mamedi:
| Component | Amount (SEK) | Amount (USD Est.) |
|---|---|---|
| Fixed Base Salary | 4,633,598 | ~$448,000 |
| Other Remuneration (Health Insurance) | 6,912 | ~$670 |
| Pension Contributions | 842,784 | ~$81,500 |
| Short-Term Variable Pay | 0 | $0 |
| TOTAL | 5,483,294 | ~$530,000 |
Key Insight: Alan Mamedi’s CEO cash compensation was modest at SEK 5.48 million (~$530,000 USD) in 2023, with 100% fixed pay and no variable bonus. However, he participates in Truecaller’s Long-Term Incentive Programs (LTIP 2021 and LTIP 2022) through warrants and performance share rights. His true wealth derives from his ~7.5% equity stake in the publicly traded company, not his annual salary.
Truecaller Net Worth 2026 — Is Truecaller Profitable?
Yes, Truecaller is a profitable company. Listed on Nasdaq Stockholm since October 2021 under the ticker TRUE B, Truecaller AB generates revenue primarily from advertising, premium subscriptions, and its Truecaller for Business API. The company maintains a strong balance sheet with approximately SEK 1.0 billion in cash and short-term investments and zero financial debt.
In 2025, Truecaller posted full-year net sales of SEK 1.91 billion with an EBITDA margin of 30.7%. While advertising revenue faced headwinds, the company’s recurring revenue streams (Premium subscriptions and Truecaller for Business) grew sharply, with Premium revenue up 53% and Business revenue up 39% in Q4 2025.
Truecaller Financial Summary
| Metric | FY 2025 | FY 2024 | YoY Change |
|---|---|---|---|
| Net Sales | SEK 1,912.2M | SEK 1,863.2M | +3% |
| Gross Profit | SEK ~1,460M | SEK 1,421.5M | +3% |
| EBITDA (excl. incentives) | SEK 755.9M | SEK 758.0M | Flat |
| EBITDA (incl. incentives) | SEK 587.3M | SEK 684.2M | -14% |
| Profit After Tax | SEK 388.6M | SEK 524.3M | -26% |
| EBITDA Margin (excl. incentives) | 39.5% | 40.7% | -1.2 pp |
| Monthly Active Users (Android) | 454.2M | 399.7M | +14% |
| Premium Subscribers Growth | Conversion rate 0.75% (up from 0.62%) | +39% | |
| Market Cap (Feb 2026) | ~SEK 4–6 Billion (~$400–600M USD) | — | |
| Cash & Short-Term Investments | ~SEK 1.0 Billion | No Debt | |
Investor Note: Truecaller maintains zero financial debt and holds approximately SEK 1.0 billion in cash reserves. While FY 2025 saw advertising revenue decline, the company’s strategic pivot toward recurring revenue (Premium + Truecaller for Business, now ~40% of total revenue) positions it for more predictable long-term growth. Premium subscribers grew 39% year-over-year.
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Truecaller CEO Email & Contact Information
Alan Mamedi can be reached through Truecaller’s corporate headquarters in Stockholm and through his public social media profiles. As a publicly traded company on Nasdaq Stockholm, Truecaller also maintains an investor relations department for shareholder inquiries.
| Alan Mamedi — Contact Information | |
|---|---|
| Corporate Email | [email protected] |
| Investor Relations | [email protected] |
| Press/Media | [email protected] |
| Twitter/X | @AlanMamedi |
| linkedin.com/in/alan-mamedi | |
| Headquarters | Truecaller AB, Midsommarkransen, Stockholm, Sweden |
| Corporate Website | corporate.truecaller.com |
Career & Education
Alan Mamedi’s entrepreneurial journey began during his university years and has been defined by a serial founder’s instinct for spotting opportunities in technology. From building niche Swedish web platforms to leading a global communications company with 450+ million users, Mamedi’s career is a story of persistence and innovation.
Career Timeline
- 2003–2006 — Studied B.Sc. Computer Science at KTH Royal Institute of Technology in Stockholm, where he met future Truecaller co-founder Nami Zarringhalam
- 2006 — Founded Bidding.se, an auction website in Sweden
- 2007–2010 — Co-founded Möbeljakt.se, a search engine for home interior and furniture
- January 2009 – July 2009 — Co-founded Jobbigt.se, an anonymous employer review platform. Persistent calls from angry employers who wanted negative reviews removed inspired the idea for Truecaller
- October 2008 – February 2010 — Worked as Chief Architect at Birdstep Technology, a mobile software company
- June 2009 — Co-founded Truecaller (True Software Scandinavia AB) with Nami Zarringhalam; served as CEO from inception
- 2011–2014 — Raised early-stage funding from Sequoia Capital and Atomico (Niklas Zennström’s VC firm); grew user base from thousands to millions
- October 2021 — Led Truecaller’s IPO on Nasdaq Stockholm, valuing the company at over $2 billion at peak
- 2022–2024 — Expanded Truecaller beyond caller ID into payments (Truecaller Pay in India), messaging, and enterprise solutions (Truecaller for Business)
Education
Alan Mamedi earned his Bachelor of Science in Computer Science from KTH Royal Institute of Technology (Kungliga Tekniska högskolan) in Stockholm, attending from 2003 to 2006. KTH is Sweden’s largest and highest-ranked technical university, consistently rated among Europe’s top engineering institutions. It was at KTH that Mamedi met Nami Zarringhalam, who would become his co-founder and long-time business partner at Truecaller.
Wiki — Age, Family, & More
Alan Mamedi was born on October 30, 1984, making him 41 years old as of 2026. He was born to an Iranian family — his mother was Kurdish and his father was an Iranian political leader. Following the Iranian Revolution, the Mamedi family fled Iran and moved to Sweden in 1984, where Alan grew up.
Mamedi is of Iranian-Kurdish and Swedish nationality and has described himself as having a foot in two cultures. Growing up in Sweden, he was largely insulated from the political turmoil that had forced his family to emigrate. He developed an early passion for technology and entrepreneurship, building his first websites as a teenager.
Alan keeps his personal life relatively private. He has been linked romantically to a woman named Sasha, though he has not publicly shared extensive details about his family or personal relationships. He resides in Stockholm, Sweden.
- Full Name: Alan Mamedi
- Date of Birth: October 30, 1984
- Age: 41 years (as of 2026)
- Birthplace: Iran
- Nationality: Swedish (Iranian-Kurdish descent)
- Ethnicity: Kurdish-Iranian
- Residence: Stockholm, Sweden
- Co-Founder: Nami Zarringhalam (friend from KTH)
- Languages: Swedish, English, Kurdish, Persian
About Truecaller
Truecaller is a global caller identification and communication platform developed by True Software Scandinavia AB, headquartered in Stockholm, Sweden. Founded in 2009 by Alan Mamedi and Nami Zarringhalam, the app provides caller ID, spam blocking, messaging, and call recording services to over 450 million monthly active users worldwide.
The company went public on the Nasdaq Stockholm exchange in October 2021 and trades under the ticker TRUE B. Truecaller generates revenue through three primary streams: advertising (the largest segment), Truecaller Premium (a subscription service with advanced features like ad-free use, premium caller ID, and incognito mode), and Truecaller for Business (a verified business identity and communication API).
Truecaller’s database is built from a combination of public directories, user-submitted contact lists, and social media integrations, enabling it to identify unknown callers and flag spam. The service is especially popular in India, which accounts for the largest portion of its user base, as well as in the Middle East, Africa, and Southeast Asia. The company has offices in Stockholm, Bangalore, and Delhi.
- Founded: 2009
- Headquarters: Stockholm, Sweden
- CEO: Alan Mamedi (Co-Founder)
- Co-Founder & CTO: Nami Zarringhalam
- Listed: Nasdaq Stockholm (TRUE B) — since October 2021
- Revenue (FY 2025): SEK 1.91 billion (~$185 million USD)
- Users: 450M+ monthly active (Android), approaching 500M including iOS
- Employees: ~400
- Key Investors: Sequoia Capital, Atomico
Frequently Asked Questions (FAQ)
Who is the CEO of Truecaller?
Alan Mamedi is the co-founder and CEO of Truecaller. He has led the company since he co-founded it in June 2009 alongside Nami Zarringhalam. Both founders are graduates of KTH Royal Institute of Technology in Stockholm, Sweden. Under Mamedi’s leadership, Truecaller grew from a simple caller ID app to a publicly traded communications platform with over 450 million users.
What is Alan Mamedi’s net worth?
Alan Mamedi’s net worth is estimated at approximately $350–450 million USD as of 2026. His wealth is primarily derived from his ~7.5% ownership stake in Truecaller AB, which is publicly listed on Nasdaq Stockholm. His net worth peaked at around $1 billion in late 2021 when Truecaller’s stock price was at its highest following the IPO.
What is Alan Mamedi’s salary as Truecaller CEO?
According to Truecaller’s 2023 Remuneration Report, Alan Mamedi’s total annual compensation was SEK 5.48 million (approximately $530,000 USD), consisting of base salary, pension contributions, and health insurance. He received no variable bonus that year. His compensation is modest compared to US tech CEOs because the majority of his wealth comes from equity ownership rather than salary.
Where did Alan Mamedi go to college?
Alan Mamedi earned a Bachelor of Science degree in Computer Science from KTH Royal Institute of Technology (Kungliga Tekniska högskolan) in Stockholm, Sweden, studying from 2003 to 2006. KTH is Sweden’s largest and most prestigious technical university. It was at KTH that he met his future co-founder, Nami Zarringhalam.
Is Truecaller a profitable company?
Yes, Truecaller is profitable. In FY 2025, Truecaller reported net sales of SEK 1.91 billion and profit after tax of SEK 388.6 million. The company maintains zero financial debt and holds approximately SEK 1.0 billion in cash and short-term investments. Its EBITDA margin (excluding incentive costs) was 39.5% in 2025.
How many users does Truecaller have?
As of late 2025, Truecaller has surpassed 450 million monthly active users on Android alone, approaching 500 million when including iOS users. India is Truecaller’s largest market, but the company has seen rapid growth in the Middle East, Africa, and Southeast Asia. User growth increased 14% year-over-year in 2025.
Article last updated:March 2026March 2, 2026
All information compiled from publicly available sources including Truecaller AB annual reports, Nasdaq Stockholm filings, remuneration reports, and verified news reports. Net worth figures are estimates based on disclosed shareholdings and may vary by source and stock price fluctuations.