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2024 Revenue

$21.1M

Customers

72

Funding

$25.1M

YOY

17.4%

Avg ACV

$293.4K

Team

117

Founded

2012

How TrustRadius CEO Vinay Bhagat grew to $21.1M revenue and 72 customers in 2024.

TrustRadius is the most trusted review platform for business technology. We help buyers make confident decisions with in-depth reviews and ratings from real users. We also help vendors engage and convert buyers by putting their customer's voice to work, authentically and at scale. Clients range from category defining companies like Marketo, disruptive startups like TrendKite and industry giants like Oracle. Headquartered in Austin, TX, TrustRadius was founded by successful entrepreneurs and is backed by the Mayfield Fund.

Last updated

TrustRadius Revenue

In 2024, TrustRadius's revenue reached $21.1M. The company previously reported $18M in 2023. Since its launch in 2012, TrustRadius has shown consistent revenue growth.

TrustRadius Revenue GrowthReported revenue / ARR over time$0$5M$10M$15M$20M$25M2012201420162018202020222024$0$8.6M$13.3M$21.1MSource: GetLatka.com
YearMilestoneQuote
2024TrustRadius Hit $21.1m revenue in October 2024
2023TrustRadius Hit $18m revenue in October 2023
2022TrustRadius Hit $13.3m revenue in November 2022
2021TrustRadius Hit $11m revenue in November 2021
2020TrustRadius Hit $8.6m revenue in August 2020
2012Launched with $0 revenue

TrustRadius Valuation, Funding Rounds

TrustRadius has not publicly disclosed its valuation. The company has raised $25.1M in total funding to date.

TrustRadius has raised $25.1M in total funding across 4 rounds, most recently a $12.5M Series C round in 2019.

TrustRadius Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$6M$0.4$12M$0.6$18M$0.8$24M$1$30M20122013201420152016201720182019Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Series C$12.5M--
2017Series B$5.5M--
2016Series A$2.1M--
2013Series A$5M--

Founder / CEO

Vinay Bhagat

CEO

Vinay Bhagat is listed as CEO at TrustRadius.

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Customers

TrustRadius serves 72 customers.

TrustRadius Employees & Team Size

TrustRadius employs approximately 117 people as of 2026, down from 128 in 2023, including 10 sales reps that carry a quota. It serves 72 customers that rely on its solutions.

TrustRadius Team GrowthReported headcount over time04080120160201220142016201820202022202400117117Source: GetLatka.com
YearMilestone
2024Reached 117 employees (December 2024)
2024Reached 116 employees (October 2024)
2023Reached 128 employees (November 2023)
2023Reached 128 employees (September 2023)
2023Reached 128 employees (January 2023)
2022Reached 150 employees (November 2022)
2022Reached 150 employees (January 2022)
2021Reached 123 employees (November 2021)
2021Reached 123 employees (August 2021)
2020Reached 96 employees (December 2020)
2020Reached 96 employees (November 2020)
2020Reached 96 employees (August 2020)
2020Reached 93 employees (June 2020)
2019Reached 92 employees (December 2019)
2018Reached 68 employees (December 2018)

Frequently Asked Questions about TrustRadius

What is TrustRadius's revenue?

TrustRadius generates an estimated $21.1M in annual revenue.

Who founded TrustRadius?

TrustRadius was founded by Vinay Bhagat.

Who is the CEO of TrustRadius?

The CEO of TrustRadius is Vinay Bhagat.

How much funding does TrustRadius have?

TrustRadius raised $25.1M across 4 rounds.

How many employees does TrustRadius have?

TrustRadius has 117 employees.

Where is TrustRadius headquarters?

TrustRadius is headquartered in Austin, Texas, United States.

Compare TrustRadius to the industry

TrustRadius operates across multiple industries. Browse revenue, funding, and growth data for TrustRadius in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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TrustRadius Revenue 2024: $21.1M ARR, $25.1M Raised