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Trustfull has secured €6M in funding to expand across Europe, led by Seaya Ventures and Elevator Ventures, focusing on enhancing its sales and marketing efforts.

Jul 29, 20255 months ago

Amount Raised

€6 Million

MilanSoftware

Investors

United VenturesElevator VenturesSeaya Ventures

Description

Trustfull, a provider of advanced fraud prevention technology, has raised €6 million to enhance its presence in Europe. The funding will aid in growing its sales and marketing team while broadening its product offerings. The round was led by Seaya Ventures and Elevator Ventures, alongside existing investor United Ventures. This investment reflects Trustfull's commitment to combating evolving fraud threats as the market is set to expand significantly.

Company Information

Company

Trustfull

Location

Milan, Lombardy, Italy

About

Trustfull's Identity Intelligence Platform helps businesses reduce risk, protect integrity and accelerate growth on a global scale. By silently analyzing digital footprint data from customer interactions, Trustfull unlocks hundreds of signals to accurately detect fraud and fincrime attempts across the customer journey. Through combined and fully silent phone, email, IP, device, browser and domain checks, our complete suite of models, workflows and data empowers teams to make better customer decisions with no UX implications. Hundreds of clients and partners - including Nexi, Scalapay, lastminute.com, Cofidis, Elavon, Snaitech and Trulioo - rely on Trustfull's award-winning technology to prevent fraud and build trust across borders.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers