diff --git a/.changeset/chilled-ducks-dream.md b/.changeset/chilled-ducks-dream.md
new file mode 100644
index 00000000..fb663765
--- /dev/null
+++ b/.changeset/chilled-ducks-dream.md
@@ -0,0 +1,5 @@
+---
+"moderndash": minor
+---
+
+Add `truncate` function
diff --git a/benchmark/string/truncate.bench.ts b/benchmark/string/truncate.bench.ts
new file mode 100644
index 00000000..c6a3bd44
--- /dev/null
+++ b/benchmark/string/truncate.bench.ts
@@ -0,0 +1,21 @@
+import { truncate as lodashVersion } from "lodash-es";
+import { truncate } from "moderndash";
+import { bench, describe } from "vitest";
+
+import { randomStringArray } from "../testData.js";
+
+describe("truncate", () => {
+    const stringArray = randomStringArray(200);
+
+    bench("moderndash", () => {
+        for (const str of stringArray) {
+            truncate(str);
+        }
+    });
+
+    bench("lodash", () => {
+        for (const str of stringArray) {
+            lodashVersion(str);
+        }
+    });
+});
diff --git a/package/src/string/index.ts b/package/src/string/index.ts
index df5e13b6..5f3d48a4 100644
--- a/package/src/string/index.ts
+++ b/package/src/string/index.ts
@@ -13,3 +13,4 @@ export * from "./trim";
 export * from "./trimEnd";
 export * from "./trimStart";
 export * from "./unescapeHtml";
+export * from "./truncate";
diff --git a/package/src/string/truncate.ts b/package/src/string/truncate.ts
new file mode 100644
index 00000000..35c4be69
--- /dev/null
+++ b/package/src/string/truncate.ts
@@ -0,0 +1,61 @@
+type Options = {
+    /**
+     * The maximum string length.
+     *
+     * Default: 30
+     */
+    length?: number;
+
+    /**
+     * The string to indicate text is omitted.
+     *
+     * Also named [ellipsis](https://developer.mozilla.org/en-US/docs/Web/CSS/text-overflow)
+     *
+     * Default: "...", you might want to use "…" (… U+02026) instead
+     */
+    omission?: string;
+
+    /**
+     * The separator pattern to truncate to.
+     *
+     * Default: none
+     */
+    separator?: string;
+};
+
+/**
+ * Truncates a string if it's longer than the given maximum length.
+ * The last characters of the truncated string are replaced with the omission
+ * string which defaults to "...".
+ *
+ * @param str The string to truncate
+ * @param options The options object
+ * @returns The truncated string
+ */
+export function truncate(str: string, options?: Options) {
+    // https://stackoverflow.com/q/1199352
+    // https://github.com/Maggi64/moderndash/issues/155
+    // https://lodash.com/docs/4.17.15#truncate
+
+    const { length = 30, omission = "...", separator } = options ?? {};
+
+    if (str.length <= length) {
+        return str;
+    }
+
+    let maxLength = length - omission.length;
+    if (maxLength < 0) {
+        maxLength = 0;
+    }
+    const subString = str.slice(
+        0,
+        // FYI .slice() is OK if maxLength > text.length
+        maxLength
+    );
+
+    return (
+        (separator
+            ? subString.slice(0, subString.lastIndexOf(separator))
+            : subString) + omission
+    );
+}
diff --git a/package/test/string/truncate.test.ts b/package/test/string/truncate.test.ts
new file mode 100644
index 00000000..37d6eff4
--- /dev/null
+++ b/package/test/string/truncate.test.ts
@@ -0,0 +1,54 @@
+import { truncate } from "@string/truncate";
+
+// Copy-pasted and adapted from https://github.com/lodash/lodash/blob/c7c70a7da5172111b99bb45e45532ed034d7b5b9/test/truncate.spec.js
+// See also https://github.com/lodash/lodash/pull/5815
+
+const string = "hi-diddly-ho there, neighborino";
+
+it("should use a default `length` of `30`", () => {
+    expect(truncate(string)).toBe("hi-diddly-ho there, neighbo...");
+});
+
+it("should not truncate if `string` is <= `length`", () => {
+    expect(truncate(string, { length: string.length })).toBe(string);
+    expect(truncate(string, { length: string.length + 2 })).toBe(string);
+});
+
+it("should truncate string the given length", () => {
+    expect(truncate(string, { length: 24 })).toBe("hi-diddly-ho there, n...");
+});
+
+it("should support a `omission` option", () => {
+    expect(truncate(string, { omission: " [...]" })).toBe(
+        "hi-diddly-ho there, neig [...]"
+    );
+});
+
+it("should support empty `omission` option", () => {
+    expect(truncate(string, { omission: "" })).toBe(
+        "hi-diddly-ho there, neighborin"
+    );
+});
+
+it("should support a `length` option", () => {
+    expect(truncate(string, { length: 4 })).toBe("h...");
+});
+
+it("should support a `separator` option", () => {
+    expect(truncate(string, { length: 24, separator: " " })).toBe(
+        "hi-diddly-ho there,..."
+    );
+});
+
+it("should treat negative `length` as `0`", () => {
+    [0, -2].forEach((length) => {
+        expect(truncate(string, { length })).toBe("...");
+    });
+});
+
+it("should work as an iteratee for methods like `_.map`", () => {
+    const actual = [string, string, string].map((str) => truncate(str));
+    const truncated = "hi-diddly-ho there, neighbo...";
+
+    expect(actual).toEqual([truncated, truncated, truncated]);
+});