What is TrustRadius?
Founded in 2012 and headquartered in Texas, TrustRadius serves as a vital review platform for business technology. The company specializes in aggregating authentic user feedback across critical software categories, including HR management systems, cloud storage solutions, marketing automation tools, and content management platforms. By prioritizing high-quality, verified reviews, TrustRadius has established itself as a trusted authority for organizations seeking to optimize their technology stack. Its market position is defined by its ability to bridge the information gap between software vendors and enterprise buyers, facilitating more transparent and efficient procurement processes in an increasingly complex digital landscape.
How much funding has TrustRadius raised?
TrustRadius has raised a total of $20.1M across 3 funding rounds:
Series A
$2.1M
Series B
$5.5M
Series C
$12.5M
Series A (2016): $2.1M with participation from Mayfield
Series B (2017): $5.5M led by Mayfield and LiveOak Venture Partners
Series C (2019): $12.5M supported by Next Coast Ventures, Mayfield Fund, and LiveOak Venture Partners
Key Investors in TrustRadius
Mayfield
Mayfield is a Menlo Park-based venture capital firm that raises dedicated funds to invest in early-stage technology companies, primarily at seed and Series A, backing enterprise, consumer, and infrastructure founders.
Next Coast Ventures
Next Coast Ventures is an Austin-based venture capital firm that partners with bold entrepreneurs building innovative companies in big markets, providing early-stage capital and hands-on resources.
LiveOak Venture Partners
LiveOak is a venture capital firm that invests early in exceptional Texas-based founders, focusing on tech and tech-enabled service companies from Pre-seed to Series B.
What's next for TrustRadius?
Looking ahead, the strategic deployment of the $12.5M capital is expected to accelerate the company's product roadmap and market expansion efforts. As TrustRadius scales, the focus will likely shift toward enhancing its proprietary review verification technology and expanding its reach into emerging software verticals. By maintaining its commitment to objective, user-centric data, the firm is well-positioned to capitalize on the growing demand for transparency in B2B software purchasing. The continued support from its investor base suggests a long-term vision centered on building an enduring, data-rich platform that remains indispensable to the enterprise technology procurement lifecycle.
See full TrustRadius company page
