What is Trustap?
Trustap operates as a comprehensive transaction platform, providing a secure environment for both buyers and sellers. Its core function is to protect users during online and in-person transactions, particularly when dealing with unknown parties. This focus on security and trust positions Trustap as a key player in the fintech sector, aiming to mitigate risks inherent in peer-to-peer commerce and online marketplaces.
How much funding has Trustap raised?
Trustap has raised a total of $10M across 2 funding rounds:
Angel/Seed
$4.5M
Series A
$5.5M
Angel/Seed (2022): $4.5M with participation from Atlantic Bridge, Act, Enterprise Ireland, MiddleGame Ventures, and Liam Casey
Series A (2024): $5.5M led by MiddleGame Ventures and Furthr
Key Investors in Trustap
MiddleGame Ventures
MiddleGame Ventures is a European FinTech specialist firm that partners with innovative entrepreneurs to transform financial services into a fully digital future. The company focuses on early-stage investments in adjacent digital solutions, including AI, Cyber, DeepTech, and Quantum technologies.
Enterprise Ireland
Enterprise Ireland is a government agency responsible for the development and growth of Irish businesses in the manufacturing and internationally traded services industries.
Furthr
Furthr companies is a company that operates in the Venture Capital & Private Equity industry, focusing on supporting business growth through investment.
What's next for Trustap?
With the recent major strategic investment and substantial overall backing, Trustap is poised for accelerated growth and platform expansion. The company is likely to leverage this financing to enhance its security features, broaden its market reach, and potentially explore new verticals within the digital transaction space. This strategic capital injection signals confidence from investors in Trustap's business model and its capacity to scale effectively in the competitive fintech landscape.
See full Trustap company page
