Funding

Trustpilot Raises $73.5 Million

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What does Trustpilot do?

Trustpilot, is a global multi language open review community which builds trust and transparency between businesses and customers.  It is a review driven community which enables a dialogue between businesses and consumers. It currently has 13M consumer reviews of 100,000 businesses. It produces a Trustscore for businesses based on its recent reviews. More than 10,000 customers sign up on its site and for every five seconds a new review is posted.

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How much Trustpilot was funded?

TrustPilot has raised $73.5M in Series D on May 28, 2015 from Seed Capital, Index Ventures, Northzone, Vitruvian Partners and DFJ Esprit

Previous funding

  • $900kin Venture on January 28, 2011 from Seed Capital
  • $4.5Min Venture round on November 1, 2011 from Seed Capital and Northzone
  • $13Min Venture round on December 13, 2012 from Seed Capital, Northzone and Index Ventures.
  • $25Min Series C on January 13, 2014 from Seed Capital, Index Ventures, Northzone and DFJ Esprit

What is next for Trustpilot?

Trustpilot will use the latest funding raised for continuing its rapid growth in North America and globally, investing even more in the processes, technology and people for strengthening its lead position as the online standard for brands who want to increase transparency, trust and consumer success.

More About Trustpilot

This global review community empowers consumers who are considering buying a product or a service by providing them an easy access to the experience of others, which is most valuable. It also helps businesses generate actionable insight with real time analytics of customer review data. This can be used by the businesses for improving their operations, increasing the consumer satisfaction and driving innovation. It enables businesses to engage with customers directly, thus aims at setting new global standards in customer to business dialogue. It has customers in 65 countries and has developed a strong position in Sweden, Denmark,UK, Germany, France, Netherlands and U.S.  It has offices in London, New York, Melbourne and Copenhagen.  It has 350 employees representing 40 different nationalities and its clients range from e-commerce retailers to global enterprises

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