Each Tuesday, we reverse-engineer a real SaaS company's revenue, profit, CAC, funnels, and its top growth tactic.
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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.
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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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Series C | $12.5M | - | - | |
| 2017 | Series B | $5.5M | - | - | |
| 2016 | Series A | $2.1M | - |
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TrustRadius serves 72 customers.
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 generates an estimated $21.1M in annual revenue.
TrustRadius was founded by Vinay Bhagat.
The CEO of TrustRadius is Vinay Bhagat.
TrustRadius raised $25.1M across 4 rounds.
TrustRadius has 117 employees.
TrustRadius is headquartered in Austin, Texas, United States.
TrustRadius operates across multiple industries. Browse revenue, funding, and growth data for TrustRadius in each sector below.
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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2024 Revenue
$21.1M(Est.)
Customers
72
Funding
$25.1M
Avg ACV
$293.4K
Team
117
Founded
2012
| Year | Milestone | Source |
|---|---|---|
| 2024 | TrustRadius Hit $21.1m revenue in October 2024 | Estimated |
| 2023 | TrustRadius Hit $18m revenue in October 2023 | |
| 2022 | TrustRadius Hit $13.3m revenue in November 2022 | |
| 2021 | TrustRadius Hit $11m revenue in November 2021 | |
| 2020 | TrustRadius Hit $8.6m revenue in August 2020 | |
| 2012 | Launched with $0 revenue |
| - |
| 2013 | Series A | $5M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 117 employees (December 2024) | |
| 2024 | Reached 116 employees (October 2024) | |
| 2023 | Reached 128 employees (November 2023) | |
| 2023 | Reached 128 employees (September 2023) | |
| 2023 | Reached 128 employees (January 2023) | |
| 2022 | Reached 150 employees (November 2022) | |
| 2022 | Reached 150 employees (January 2022) | |
| 2021 | Reached 123 employees (November 2021) | |
| 2021 | Reached 123 employees (August 2021) | |
| 2020 | Reached 96 employees (December 2020) | |
| 2020 | Reached 96 employees (November 2020) | |
| 2020 | Reached 96 employees (August 2020) | |
| 2020 | Reached 93 employees (June 2020) | |
| 2019 | Reached 92 employees (December 2019) | |
| 2018 | Reached 68 employees (December 2018) |
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