About Trolley
Trolley is a company based in Toronto (Canada) founded in 2015 by Tim Nixon. Trolley has raised $37.36 million across 8 funding rounds from investors including Wavecrest Growth Partners, PACE Capital and Chris Paik. Trolley offers products and services including Payout Platform, API and SDK, and Recipient Onboarding. Trolley operates in a competitive market with competitors including Tipalti, Airwallex, InstaReM, TransferMate and 40Seas, among others.
- Headquarter Toronto, Canada
- Founders Tim Nixon
- SectorsTransportation, Automotive & LogisticsFinancial Services
- Website category Arts and Entertainment
- Website trolley.com
- Social LinkedIn X
- Legal Name Trolley Payments Uk Ltd
- Total Equity Funding$37.36M (USD)
in 8 rounds
- Latest Funding Round$23M (USD), Series B
Oct 2024
- InvestorsWavecrest Growth Partners
& 3 more
Products & Services of Trolley
Trolley offers a comprehensive portfolio of products and services, including Payout Platform, API and SDK, and Recipient Onboarding.
Automates global payouts and compliance for businesses
Enables embedding payouts and workflows into platforms
Streamlines identity verification and communication for recipients
Funding Insights of Trolley
Trolley has successfully raised a total of $37.36M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $23 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $37.36M
- Total Rounds 8
- Last Round Series B — $23M
- First Round $1.1M
(Jun 2020)
- Investors Count 4
All 8 funding rounds of Trolley with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2024 | $23M | Series B | – | Wavecrest Growth Partners | |
| Sep 2023 | $1.1M | Series A | – | – | – |
| Jul 2023 | $200,000 | Series B | – | – | – |
| Jul 2023 | $1M | Series B | – | – | – |
| Feb 2023 | $1.49M | Series A | – | – | – |
| Aug 2022 | $4M | Series A | – | – | – |
| Dec 2021 | $5.47M | Series A | – | Pace Capital | |
| Jun 2020 | $1.1M | Angel Round | – | – |
4 investors in total: 2 institutional and 2 angel.
Investors in Trolley
Trolley has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Wavecrest Growth Partners, PACE Capital and Chris Paik.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Wavecrest Growth Partners is engaged in providing growth capital and expertise. | – | wavecrestgrowth.com | Boston, United States | |
PACE Capital is involved in unspecified business activities. | – | pacecapital.com | - | |
CP Chris Paik | Angel investor, ex-Paytm, focuses on early-stage Indian startups | – | unknown_ee98b0b0dc764a70b | - |
ST Scott Thompson | - | – | unknown_7b624aaf3ec0435db | - |
Investor details for Trolley
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Trolley
28 people are tracked at Trolley (8 in leadership, 20 in team).
| Name | Role | Group |
|---|---|---|
Tim Nixon | Founder & CEO | Leadership |
Annalisa Ceccarelli, CPA, CA | VP Finance | Leadership |
Jon Skeet | Head Of Infosec | Leadership |
Conor Cox 🤘 | VP of Revenue | Leadership |
Nishafa Nizam, CPA | Financial Controller/interim VP Of Finance | Leadership |
Lisa Jackson | Head of Customer Success | Leadership |
Sasha Kossovsky | VP of Engineering | Leadership |
Barnett Klane | VP Product | Leadership |
Mansour Zayer | Senior Analytics Engineer | Team |
Rita S. | Customer Success Manager ( Remote) | Team |
Eric T. | Sr. Customer Support Specialist | Team |
Lukas Shea | Customer Success Manager | Team |
Gustavo Meza De Lama | Senior Frontend Developer | Team |
Maxim Fedorovich | Sr. Software Engineer | Team |
Joshua S. | Business Development | Team |
David Choun | Accounting Manager | Team |
Joni-Anne Ribaya | Assistant Controller | Team |
Sean-Michael Graham | Business Development Representative | Team |
Rasim Deveci | Account Executive | Team |
Tom Harington | Account Executive | Team |
8 more people are available in the full profile.
Complete people profiles for Trolley
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Trolley
3 dated milestones of Trolley across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Trolley is founded.
- Funding First funding round of $1.1M.
- Funding Latest funding round, Series B, of $23.0M.
Competitors of Trolley
Trolley operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tipalti, Airwallex, InstaReM, TransferMate and 40Seas, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tipalti.com | 2010 | Foster, United States | $553M | 360 | Cloud-based procurement and invoice management solutions are offered to businesses. | |
| airwallex.com | 2015 | Singapore | $1.25B | – | Cross-border payments are processed for businesses via tools and APIs. | |
| instarem.com | 2014 | Singapore | $5M | – | Cross-border money transfers are facilitated for individuals and businesses. | |
| transfermate.com | 2010 | Kilkenny, Ireland | $129.86M | – | International B2B payments and receivables are processed globally. | |
| 40seas.com | 2022 | Tel Aviv, Israel | $17M | – | Cross-border payment solutions for businesses are developed online. | |
| xtransfer.com | 2017 | Shanghai, China | $168M | – | Cross-border payment platform is provided for global trade and suppliers. | |
| veem.com | 2014 | San Francisco, United States | $92.5M | 40 | B2B payments are facilitated via Veem's online platform. | |
| martinrea.com | 2001 | Vaughan, Canada | – | 474 | Automotive modules and assemblies parts are manufactured for vehicles. | |
| equiniti.com | 2002 | Lancing, United Kingdom | – | – | Financial technology and payment processing solutions are provided by Equiniti. |
Detailed competitors of Trolley
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Trolley
The website of Trolley (trolley.com) receives about 92.3K visits a month and ranks #245,159 among all websites worldwide, #2,096 in Arts and Entertainment.
- Monthly visits92.3K
▼ 14.3% vs previous month
- Unique visitors44.3K
per month
- Global rank#245,159
among all websites
- Category rank#2,096
Arts and Entertainment · Arts and Entertainment
- Bounce rate40%
- Pages per visit5.6
- Average visit59 sec
- DevicesDesktop 39% · Mobile 61%
Websites whose visitors overlap most with Trolley. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
internationalmusician.org | internationalmusician.org | 100% | – | #2,827,786 | – |
| beatbread.com | 100% | 24.4K | #891,226 | View details | |
| youtube.com | 98% | 30.4B | #2 | View details | |
| soundroyalties.com | 94% | 13.6K | #1,848,731 | View details | |
tomtommag.com | tomtommag.com | 89% | – | #1,850,029 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Trolley
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Trolley
Complete news archive for Trolley
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Trolley
10 companies that operate in the same segment as Trolley (Automotive Manufacturing & Components), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of infotainment and audio solutions for multiple sectors | 1980 | Stamford, Connecticut, United States | – | – | – | |
Manufacturer of gas-powered construction equipment | 1919 | United States | – | USD 1.21 B | 5,230 | |
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of forklifts, warehouse equipment and other industrial trucks | 2006 | Germany | USD 587.14 M | USD 13.28 B | 42,720 | |
Automobiles and related products are manufactured by Volvo Cars. | 1927 | Goteborg, Vastra Gotaland, Sweden | USD 1.07 B | USD 38.79 B | 42,600 | |
Motor vehicles and parts are manufactured, imported, distributed, and sold. | 1994 | Irvine, California, United States | – | USD 79.03 B | 35,750 | |
Automotive manufacturing company | 1916 | Munchen, Bayern, Germany | – | USD 156.8 B | – | |
Rechargeable batteries are distributed globally by BYD. | 1994 | Los Angeles, California, United States | – | – | 269 | |
Automotive vehicles including cars, trucks, and SUVs are manufactured. | 1957 | Plano, Texas, United States | – | – | – | |
Motorcycles are manufactured, along with parts, apparel, and financial services. | 1903 | Milwaukee, Wisconsin, United States | – | USD 4.47 B | 5,900 |
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Frequently Asked Questions about Trolley
Trolley was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Trolley is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Tim Nixon is the current CEO of Trolley. They have also founded this company.
Trolley is a funded company, having raised a total of $37.36M across 8 funding rounds to date. The company's 1st funding round was a Angel Round of $1.1M, raised on Jun 2020.
Trolley was established in 2015 in Toronto, Canada, with Tim Nixon serving as founder and CEO. Operations are centered on the manufacturing of trolleys and trams within the transportation sector. Design and production processes are managed from the headquarters, supporting urban and regional mobility needs. The companys domain, trolley.com, facilitates online information and inquiries. Focus remains on practical engineering solutions for public transit systems.
Trolley offers Payout Platform, API and SDK, and Recipient Onboarding.
Trolley has 4 investors. Key investors include Wavecrest Growth Partners, PACE Capital, Chris Paik, and Scott Thompson.
Trolley operates through Trolley Payments Uk Ltd.