What is Trustify?
Trustify operates as a pioneering technology platform designed to bridge the gap between consumers and on-demand private investigator services. By leveraging a network of over 2,000 private investigators, the company empowers users to swiftly engage professional assistance in manageable, affordable time blocks. This innovative approach aims to enhance trust and safety across both digital and physical interactions, addressing a critical need in the modern consumer landscape.
How much funding has Trustify raised?
Trustify has raised a total of $15M across 4 funding rounds:
Other Financing Round
$1.5M
Private Equity
$1.9M
Other Financing Round
$5M
Private Equity
$6.6M
Other Financing Round (2015): $1.5M with participation from Plum Alley
Private Equity (2015): $1.9M, investors not publicly disclosed
Other Financing Round (2016): $5M supported by Brad Feld, Carthona Capital, 500.com, Lowercase Capital, Slow Ventures, and Forefront Venture Partners
Private Equity (2017): $6.6M, investors not publicly disclosed
Key Investors in Trustify
Plum Alley
Plum Alley Ventures is a venture firm that facilitates smart investments in breakthrough technologies aimed at improving the world for humans, industry, and the planet. The company focuses on providing access to well-vetted investment opportunities for a diverse range of investors, enabling them to participate in the technological revolution.
Carthona Capital
Carthona Capital is a proactive venture capital firm based in Sydney, Australia, that invests globally in early-stage startups, typically at the Pre-Seed, Seed, or Series A stages. Founded in 2014, the firm manages approximately $360 million in funds from institutional, family office, and high net-worth investors.
500.com
500.com Limited (NYSE: WBAI) is a leading online sports lottery service provider in China. The Company offers a comprehensive and integrated suite of online lottery services, information, user tools and virtual community venues to its users.
What's next for Trustify?
With substantial enterprise-level funding and a recent strategic investment, Trustify is well-positioned for accelerated scaling and market expansion. The company's focus on building a robust network of private investigators and its consumer-centric platform suggests a strategic direction towards solidifying its market leadership. Future developments are likely to involve enhancing platform capabilities, expanding the investigator network, and potentially exploring new service verticals that leverage its core trust and safety mandate. This sustained financial support indicates confidence from investors in Trustify's business model and its potential for significant future returns.
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