Trustap raised $5.5M in a Series A funding led by TX Ventures to expand its secure marketplace transaction platform
Amount Raised
$5.5 Million
Round Type
Series A
CorkInformation TechnologyFinancial ServicesSoftwareInvestors
Description
Irish marketplace transaction platform Trustap has raised $5.5 million Series A, bringing the company’s funding to over $9 million. The platform enables marketplaces to run their transactions from end-to-end by becoming the merchant of record and managing payments, logistics and customer support on their behalf, significantly increasing margins and overall revenues. Trustap has partnerships in 27 countries and offers escrow-style payment, which helps buyers and sellers transact in full trust on the platforms.
Quick answer
Trustap raised $5.5 Million in a Series A round, dated July 9, 2024. Investors: Furthr Vc, Atlantic Bridge, Act VC, Middle Game Ventures, Aperture, Partners Resolute, Seed X and TX Ventures. Trustap is based in Cork, Cork, Ireland.
- How much did Trustap raise?
- Trustap raised $5.5 Million in a Series A round on July 9, 2024.
- Who invested in Trustap?
- Furthr Vc, Atlantic Bridge, Act VC, Middle Game Ventures, Aperture, Partners Resolute, Seed X and TX Ventures are named as investors in this round.
- What does Trustap do?
- Trustap is a secure payment gateway that allows you to transact without the risk of being scammed.
- Where is Trustap based and how big is it?
- Trustap is based in Cork, Cork, Ireland. Fundz records about 51 employees.
- Who are the decision-makers at Trustap?
- Fundz holds 1 contact at Trustap. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Software around the same time
Companies in the same sectors as Trustap that raised within 45 days of this round, from Fundz verified event records.
- Nucleus Security raised an undisclosed amount (Funding Round) on August 21, 2024.
- Flywire raised $120M (Series E) on August 20, 2024.
- Innoviti raised $8.3M (Series E) on August 13, 2024.
- WiseLayer raised $7.2M on August 13, 2024.
- Worth raised $2.5M on August 12, 2024.
- Innoviti raised $8.3M (Series E) on August 12, 2024.
Who to call at Trustap, and when
A new round usually means Trustap is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Trustap raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Trustap, from your own LinkedIn network
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Funding Insights
What this usually meansTrustap raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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