TrusTrace revenue hit $10.3M in 2024

TrusTrace generates revenue from 40 customers

TrusTrace

Stockholm, Sweden

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How TrusTrace hit $10.3M revenue and 40 customers in 2023.

TrustTrace AB is the company that owns trustrace.com, and it is based in Stockholm, Sweden. The company was founded in 2016 and provides cybersecurity services such as digital identity verification, secure authentication, and fraud detection to businesses and individuals. TrustTrace's platform uses advanced algorithms and machine learning to detect and prevent fraud, identity theft, and other types of cybercrime. The company's mission is to make the internet a safer place by protecting users' digital identities and providing secure online transactions.

Founded

2016

Founded

Revenue

$10.3M

2023 Revenue

YOY

8.93%

YOY

Funding

$7.9M

Funding

TrusTrace Revenue

In 2023, TrusTrace revenue run rate hit $10.3M in revenue.

  • 2023

    TrusTrace hit $10.3M in revenue in 2023

  • 2021

    TrusTrace hit $8.7M in revenue in 2021

  • 2016

    TrusTrace launched in 2016 with $0 revenue

TrusTrace Funding History

  • 2021 Series A

    TrusTrace raised a Series A of in October, 2021

  • 2019 Grant

    TrusTrace raised a Grant of in November, 2019

  • 2019 Seed Round

    TrusTrace raised a Seed Round of in September, 2019

  • 2018 Grant

    TrusTrace raised a Grant of in November, 2018

  • 2017 Grant

    TrusTrace raised a Grant of in October, 2017

FUNDING DATE ROUND AMOUNT VALUATION
October, 14 2021 Series A
November, 01 2019 Grant
September, 05 2019 Seed Round
November, 01 2018 Grant
October, 25 2017 Grant

Team

TrusTrace has 107 total employees. They have 40 customers an engineering team of 31 and a marketing team of 4.

DISTRIBUTION QTY
Total team size 107
Engineer 31 (29%)
Marketing 4 (4%)

Founder / CEO

Shameek Ghosh

Q&A

  • What's your age?

    -

  • Favorite online tool?

    -

  • Favorite book?

    -

  • Favorite CEO?

    -

  • Advice for 20 year old self

    -

Customers

Churn

TrusTrace Executives

Name Position Working Email Personal Email
Shameek Ghosh CEO [email protected] -

TrusTrace Employees

Name Position Working Email Personal Email
Shameek Ghosh CEO [email protected] -

Frequently Asked Questions about TrusTrace

  • When was TrusTrace founded?

    TrusTrace was founded in 2016.

  • How much revenue does TrusTrace generate?

    TrusTrace generates $10.3M in revenue.

  • Who is the CEO of TrusTrace

    The CEO of TrusTrace is Shameek Ghosh.

  • How much funding does TrusTrace have?

    TrusTrace raised $7.9M.

  • How many employees does TrusTrace have?

    TrusTrace has 107 employees.

  • Where is TrusTrace headquarters?

    TrusTrace is headquartered at Stockholm, Sweden

People Also Viewed

Aegro

Developer of an agricultural management software created to change the way farmers and agronomists deal with their production data. The company's agricultural management software manages the agricultural production system and makes it easy to plan and control crops, avoid waste, increase productivity and optimize results, it helps in harvest planning, activity record, team monitoring and management of budgets and costs, enabling rural producer to reduce their lost cost and time by facilitating all the administrative operations of their farm.

Clockwork Active Media Systems, Llc

Clockwork is an interactive design and technology agency. Our digital solutions transform the way businesses around the globe communicate, sell, and grow. Founded in 2002 with a commitment to a progressive workplace culture, core values drive our relationships and work. We tell the truth and keep our promises; we are smart, adaptable, nice, and fueled by challenge.

Emerge

Developer of a web-based transportation management platform designed to help freight professionals visualize, source and communicate efficiently. The company's real-time Transportation Management System handles freight quotes, tracking, reporting and other functions, enabling companies to avoid the frustration, curb the disorganization and get real-time visibility when they move product across the country.

eSmart Systems

Developer of a data analytics software intended to turn visual inspection data into actionable asset insight. The company's software leverages industrial grade deep learning and computer vision technologies to visually inspect assets and funnel data components of large-scale electrical systems to web, while performing analytics to avoid potential problems like rusted powerlines, enabling energy grid operators to lower maintenance cost, reduce failure rates and extend asset life.

Yooz Inc

Yooz is a fast-growing, multiple award-winning SaaS company that solves for today’s finance professionals’ top invoice processing challenges by providing innovative, cloud-based AP automation. Yooz offers an intuitive, simple, secure, end-to-end invoice processing solution that integrates seamlessly with more than 250 ERP platforms - more than any other on the market. It leverages and optimizes powerful features and emerging intelligent technologies that unleash the creative and innovative power of finance teams. Dallas headquartered Yooz with global operations in France and the UK, provides intelligent cloud-based AP automation that streamlines the invoice process workflow to over 4,000 global customers. Simplicity, transparency, security, savings, and mobility form the hallmark foundation of the Yooz platform and influences everything it does. Cloud P2P Automation. Easy. Powerful. Smart.

kpi.com Software Inc

kpi.com is a suite of integrated cloud business applications: Accounting and Finance, CRM, HRMS, Project Management, Payroll, Business Intelligence