About Trouva
Trouva is a company based in London (United Kingdom) founded in 2013.. Trouva has raised $40.55 million across 6 funding rounds from investors including MADE.COM, Fy and Downing. The company has 32 employees as of July 31, 2022. Trouva offers products and services including Online Shopping Platform, Fashion Products, and Homewares. Trouva operates in a competitive market with competitors including Zulily, Amazon, Groupon, LoveCrafts and Argos, among others.
- Headquarter London, United Kingdom
- Employees 32 as on 31 Jul, 2022
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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- Legal Name Streethub Ltd
- Date of Incorporation 03 Jan, 2013
- Jurisdiction EASTLEIGH, HAMPSHIRE, ENGLAND
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Products & Services of Trouva
Trouva offers a comprehensive portfolio of products and services, including Online Shopping Platform, Fashion Products, and Homewares. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for buying unique fashion and home items from boutiques
Sale of clothing and accessories from various independent brands
Products for home furnishing and decor from selected boutiques
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Funding Insights of Trouva
Trouva has successfully raised a total of $40.55M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $4.4 million completed in December 2020. 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 Total Funding
- Total Rounds 6
- Last Round Series B — $4.4M
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First Round
First Round
(20 Mar 2013)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series B - Trouva | Valuation |
investors |
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| May, 2019 | Amount | Series B - Trouva | Valuation | Octopus Ventures | |
| Apr, 2017 | Amount | Series A - Trouva | Valuation | BGF |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Trouva
Trouva has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include MADE.COM, Fy and Downing. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investment and support for founders in technology and health sectors.
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Founded Year | Domain | Location | |
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Venture capital fund focused on series A stage hardware, future work, commerce, and digital media companies
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Founded Year | Domain | Location | |
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Inheritance tax relief, funds, and bonds are provided across sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Trouva
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Trouva
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Trouva Comparisons
Competitors of Trouva
Trouva 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 Zulily, Amazon, Groupon, LoveCrafts and Argos, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online shopping platform is operated via flash sales by Zulily.
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| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Online marketplace offering deals on multi-category products and services
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| domain | founded_year | HQ Location |
Social commerce platform for craft makers is provided.
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| domain | founded_year | HQ Location |
Multi-category products are retailed online by Argos across various sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Trouva
Frequently Asked Questions about Trouva
When was Trouva founded?
Trouva was founded in 2013.
Where is Trouva located?
Trouva is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Trouva a funded company?
Trouva is a funded company, having raised a total of $40.55M across 6 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Mar 20, 2013.
How many employees does Trouva have?
As of Jul 31, 2022, the latest employee count at Trouva is 32.
What does Trouva do?
Trouva was founded in 2013 in London, United Kingdom, as an online retailer focused on the fashion and lifestyle sector. A diverse product catalog is maintained, encompassing clothing, footwear, and accessories for men, women, and children, alongside home care items and garden supplies. Operations are conducted through the domain trouvacom, serving customers across various categories in the e-commerce space.
Who are the top competitors of Trouva?
Trouva's top competitors include Amazon, Zulily and LoveCrafts.
What products or services does Trouva offer?
Trouva offers Online Shopping Platform, Fashion Products, and Homewares.
Who are Trouva's investors?
Trouva has 14 investors. Key investors include MADE.COM, Fy, Downing, Octopus Ventures, and C4 Ventures.
What is Trouva's valuation?
The valuation of Trouva is $85.7M as of Dec 2020.
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