Danish-founded reviews site Trustpilot raises $55 million

Funding Rounds

▤ Summary

Copenhagen-based reviews platform Trustpilot has landed a $55 million funding round led by Sunley House Capital Management, with participation from existing investors Vitruvian Partners, Draper Esprit, Index Ventures, and Northzone. Founded in 2007, Trustpilot allows users to review all sorts of services, from online stores to carpenters and plumbers to banks. Those include automatic review invitations sent to customers, Trustpilot’s widgets for websites and marketing activities, access to advanced stats and analytics, and so on. The company plans to use the fresh capital to invest in marketing and technology, as well as hire more people. Trustpilot’s CFO Hanno Damm also told CNBC that the company has “no plans to exit via an IPO or via other means at this time.”

$ Funding

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Amount $55.0M Total raised
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Date March 5, 2019 Announcement date
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Investors Draper Esprit, SEED Capital, NorthZone Ventures, Vitruvian Partners Lead investors
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Company http://www.trustpilot.com Funded company

▥ Classifications

industries
Automotive
applications
Anti Piracy

◇ AskAI Classifications

Labels
SaaS Reputation Management Software Customer Feedback Software

▦ Linked Companies

Trustpilot
$100M to $250M