/Companies

Trillbit

Techstars '19

Boston, US · Founded 2017 · 6 employees on LinkedIn · 4 known investors

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Trillbit develops acoustic communication technology for IoT and embedded systems, using sound waves to enable data transmission and device connectivity without additional hardware.

Also known as TrillBit · Trillbit Inc

Founders & leadership

Trillbit was founded in 2017 by Bhaskar Deo.

BDBhaskar Deo
Bhaskar DeoCEO & CO-Founder2019–2024
HHenry
HenryOperating Partner at Good Growth Capital

Investors · 4

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us

Also in the syndicate · 1

Refex Capital

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Sep 2026

Trillbit develops a proprietary "data over sound" communication technology that uses inaudible ultrasonic sound waves to transmit encrypted digital data between any two devices equipped with a speaker and a microphone. The approach is software-only: customers integrate the Trillbit SDK or API into an app, website or device, with no additional hardware required. Data such as network credentials or authentication tokens is encoded and encrypted, broadcast ultrasonically, then received through a device microphone and decoded by the SDK. The company positions the technology as an alternative to NFC, Bluetooth and QR codes, citing contactless operation without pairing, device and OS agnosticism, offline operation without internet dependency, configurable range from inches to several meters, support for standard encryption schemes (AES, RSA, TOTP) and low power consumption relative to BLE.

The product line comprises Trill Auth for contactless ticketing, payment, access control, kiosk check-in and "audio QR code" use cases; Trill IoT for smart-device setup, provisioning and troubleshooting; and SoundAuth, a passwordless authentication product built on FIDO-conforming passkeys. The company describes its platform as proximity intelligence, with applications cited in retail, smart venues, transportation, TV/radio broadcasting and voice commerce, and states that its protocol is PSD2 compliant. Trillbit markets full-duplex two-way communication as a differentiator versus one-way QR and NFC flows, and notes that sound is naturally confined to a zone, which supports proof-of-presence and proximity verification for delivery confirmation, in-store pickup and ride verification.

Founding story

The company was founded in 2017 by IIT Kharagpur and ISB alumni Bhaskar Deo, Shashikant Burnwal and Mrigesh Parashar. Deo and Parashar, both former acoustic engineers at Schlumberger, conceived the idea while listening to an NPR TED Hour broadcast in a car: a web link mentioned on air could not be recalled later, prompting the question of how to send information from a radio or TV to a phone without pairing or extra hardware. Sound was the first medium they explored, and the name combines "trill" (sound) and "bit" (data). The three co-founders were on three different continents when they started in mid-2017 and subsequently relocated to Bengaluru to build the company; it took roughly eight months to design the technology platform before they began approaching clients.

Business model

Trillbit licenses its data-over-sound capability to other technology companies as a cross-platform SDK and API that they embed in their own apps, websites and devices. Developers sign up through a developer portal, create a project from templates and integrate the SDK; clients can implement their own transport layer and business model on top of the technology. Distribution is through direct integration and co-created products with partner companies.

The SDK is offered free up to 4,000 transactions with no credit card required, indicating a transaction-based usage tier beyond the free allowance.

Traction

Company materials report over 948,492 average downloads per month and more than 6,500 average active users since public launch. Trillbit's technology is used by Chalo for bus ticketing validation on BEST's 3,500+ bus fleet in Mumbai, and it has a partnership with AIoT chipset platform Espressif. The company states it works with several companies in India and the US on device provisioning and device authentication.

Latest developments

In 2022 the company promoted SoundAuth, a passkey-based passwordless authentication product it describes as an industry-first FIDO-conforming solution, and published related material on passkeys. It placed in the top three of the FIDO Alliance global developer challenge alongside Lockdrop (Canada) and Shaxware (Japan).

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Trillbit competes with proximity connectivity and authentication methods including NFC, Bluetooth/BLE and QR codes, and positions data over sound as faster and less dependent on orientation, lighting and movement. Company representatives have acknowledged other firms globally, including in India, working on sound-based data transfer and payments, and said Trillbit differentiates by pursuing a broader set of data-transfer use cases. The company placed in the top three, alongside Lockdrop (Canada) and Shaxware (Japan), in the FIDO Alliance developer challenge.

Software-only deployment on existing speaker and microphone hardware with no new infrastructure, full-duplex two-way communication unlike QR and NFC, operation without internet connectivity, configurable proximity range, device and OS agnosticism, and a protocol described by the company as PSD2 compliant and applicable to voice commerce authentication against deep fakes.

Technology

Patented ultrasonic acoustic communication: data is encoded and encrypted, broadcast as inaudible sound waves, and decoded by a receiving device's microphone through the Trillbit SDK. It is a software-only, cross-platform implementation supporting AES, RSA and TOTP encryption, configurable transmission range, offline operation, and low power draw suited to embedded applications. SoundAuth implements FIDO-conforming passkey-based passwordless authentication.

Go-to-market

Self-serve developer onboarding via a free SDK tier and developer portal, demo requests and whitepaper downloads, combined with partnerships and co-created products with platform companies such as Espressif and transit technology firm Chalo. The company has also used accelerator and corporate programs (Techstars, Cisco LaunchPad) and competition placements, such as the FIDO Alliance developer challenge, for visibility.

Technology companies and device makers requiring authentication or connectivity, including payment and ticketing providers, transportation operators, retail and smart venue operators, kiosk and access-control deployments, smart home and industrial IoT manufacturers, and voice commerce applications.

Geography

Headquartered at 55 Court St, Boston, Massachusetts, with an office in Bengaluru, India. Deployments and commercial activity are described in the United States and India, with stated plans to expand business development to other geographies.

History

Founded in 2017 with the founders relocating from three continents. In 2018 the company launched a beta and filed patents, backed by Cisco LaunchPad. In 2019 it joined the Techstars accelerator program. In September 2021 it announced a $1.5M seed round from Refex Capital and Good Growth Capital, earmarked for business development in the USA and other geographies.

Risks & controversies

Management has publicly noted that other companies worldwide, including Indian firms applying sound to payments, are developing similar data-over-sound approaches, indicating competitive pressure alongside established proximity technologies such as NFC, BLE and QR codes.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average active users since public launchJan 20226,500 users
Average downloads per monthJan 2022948,492 downloads/month
Buses in Chalo/BEST fleet using TrillbitJan 20223,500 buses
Free SDK tier transaction allowanceJan 20224,000 transactions

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 7

launches, deals, and filings
Nov 2022
SoundAuth passkey-based passwordless authentication

Trillbit promotes SoundAuth, described as a FIDO-conforming passwordless authentication solution using passkeys for people and things.

source ↗

Feb 2022
Top-three placement in FIDO Alliance global developer challenge

Trillbit placed in the top three alongside Lockdrop (Canada) and Shaxware (Japan) in the FIDO Alliance developer challenge; the company has also been recognized by Nasscom, TiE, IoT India Congress and Economic Times Power of Idea.

source ↗

Feb 2022
Chalo deploys Trillbit for bus ticketing validation on BEST fleet

Transit technology company Chalo uses Trillbit's data-over-sound technology for bus ticketing validation across BEST's 3,500+ bus fleet in Mumbai.

source ↗

Jan 2022
Partnership with Espressif for sound-based IoT device setup

Trillbit lists a partnership with AIoT platform company Espressif to enable device provisioning and authentication using data over sound.

source ↗

Sep 2021
Trillbit raises $1.5M seed round from Refex Capital and Good Growth Capital

Trillbit announced a $1.5 million seed round from Refex Capital (Chennai, India) and Good Growth Capital (Boston and Charleston, USA), to be used for business development activities in the USA and other geographies.

$1.5M source ↗

Jan 2019
Joined Techstars accelerator program

source ↗

Jan 2018
Beta launch and patent filings; backed by Cisco LaunchPad

Company timeline reports launching its beta and filing patents in 2018, backed by Cisco LaunchPad.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Trillbit do?
Trillbit provides patented data-over-sound technology for contactless authentication, payments and IoT device provisioning.
Who founded Trillbit?
Trillbit was founded by Bhaskar Deo in 2017.
Who are Trillbit's investors?
Trillbit's investors include Techstars, Good Growth Capital, IvyCap Ventures.
Where is Trillbit headquartered?
Trillbit is headquartered in Boston, US.