What is TrustRadius?
Founded in 2012 and headquartered in Texas, TrustRadius operates a sophisticated review platform dedicated to the B2B technology sector. The company functions as a bridge between software vendors and enterprise buyers, utilizing a rigorous verification process to ensure the authenticity of user feedback. Its market position is defined by its focus on high-growth software categories, including marketing automation, HR management, and cloud infrastructure. By aggregating peer-to-peer insights, TrustRadius empowers organizations to mitigate risk and optimize their technology stacks, effectively serving as a cornerstone of the modern software procurement lifecycle.
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 LiveOak Venture Partners and Mayfield
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.
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.
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.
What's next for TrustRadius?
With the support of its latest capital injection, TrustRadius is well-positioned to expand its influence within the enterprise software market. The strategic roadmap likely involves enhancing its proprietary review algorithms and deepening its integration with enterprise procurement workflows. As the company matures, the focus will shift toward scaling its platform to accommodate a broader range of software categories while maintaining the high standards of data integrity that have become its hallmark. By fostering a more transparent marketplace, TrustRadius is set to play an increasingly vital role in how global enterprises evaluate and adopt new technology solutions, ultimately driving efficiency and innovation across the B2B landscape.
See full TrustRadius company page
