About Trussle
Trussle is a Financial Services company based in London (United Kingdom) founded in 2015 by Jonathan Galore, and was acquired by Better Mortgage in July 2021. Mortgage advice is offered online to buyers and homeowners. Trussle has raised $35.63 million across 6 funding rounds from investors including Goldman Sachs, Better Mortgage and BBVA. The company has 145 employees. Trussle was last valued at $887.12 thousand in August 2015. Trussle offers products and services including Mortgage Brokering Service, Mortgage Calculator, and Insurance Options. Its focus areas include FinTech, Alternative Lending, Online Lenders and Mortgages. Its legal entity is TRUSSLE LAB LTD. Its competitors include Landbay, Tembo Money and Generation Home; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2015 in London, United Kingdom, Trussle operates as an authorized mortgage advisory firm within the financial services sector. Online applications for mortgages are processed, followed by market searches to identify suitable offers. Assistance is provided in completing loan applications once an offer is accepted. The service is offered free to users, targeting first-time buyers and existing homeowners.
- Headquarters London, United Kingdom
- Employees 145
- Founders Jonathan Galore
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website trussle.com
- Social LinkedIn X Facebook Instagram
- Acquired by Better Mortgage (Jul 2021)
- Legal Name Trussle Lab Ltd
- Date of Incorporation 26 Feb, 2015
- Jurisdiction LONDON, UNITED KINGDOM
- Total Equity Funding$35.63M (USD)
in 6 rounds
- Latest Funding Round$9.75M (USD), Series C
Jan 2020
- InvestorsGoldman Sachs
& 24 more
- Employee Count145
- Acquired byBetter Mortgage
(Jul 2021)
Products & Services of Trussle
Trussle offers a comprehensive portfolio of products and services, including Mortgage Brokering Service, Mortgage Calculator, and Insurance Options.
Platform for comparing and applying for mortgages online.
Online tool to estimate mortgage affordability and costs.
Service for reviewing and selecting mortgage-related insurance.
Funding Insights of Trussle
Trussle has successfully raised a total of $35.63M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $9.75 million completed in January 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 $35.63M
- Total Rounds 6
- Last Round Series C — $9.75M
- First Round $114,800
(Mar 2015)
- Investors Count 24
All 6 funding rounds of Trussle 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 |
|---|---|---|---|---|---|
| Jan 2020 | $9.75M | Series C | – | Rabo Frontier Ventures | |
| May 2018 | $18.41M | Series B | – | Goldman Sachs, BBVA | |
| Jan 2017 | $5.64M | Series A | – | Finch Capital, Orange Growth Capital | |
| Jan 2016 | $1.59M | Seed | – | LocalGlobe, Orange Growth Capital | |
| Aug 2015 | $112,800 | Seed | $887,118 | Faisal Butt | |
| Mar 2015 | $114,800 | Seed | $565,931 | Faisal Butt |
Last known valuation $887,118 (Aug 2015). 25 investors in total: 13 institutional and 12 angel.
Investors in Trussle
Trussle has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Goldman Sachs, Better Mortgage and BBVA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm focused on fintech & agtech startups | rabofrontierventures.com | Utrecht, Netherlands | ||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Early-stage tech and offline focused VC firm investing in geographies such as Europe and South East Asia | finchcapital.com | Amsterdam, Netherlands | ||
Venture capital funding is provided to firms across diverse sectors. | propel.vc | San Francisco, United States | ||
Venture capital fund investing in tech startups | 2007 | seedcamp.com | London, United Kingdom | |
Venture capital firm focused on seed-stage investments | localglobe.vc | London, United Kingdom | ||
Provider of a program turning individuals into funded technology company founders | joinef.com | London, United Kingdom | ||
Early-stage centric tech-focused VC firm investing primarily in Europe, the Middle East and Asia | ogc-partners.com | Amsterdam, Netherlands | ||
| spireventures.co.uk | ||||
Banking and financial service provider | 1857 | bbva.com | Bilbao, Spain |
Investor details for Trussle
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 Trussle
208 people are tracked at Trussle (43 in leadership, 1 in board & advisors, 164 in team); the tracked headcount is 145.
| Name | Role | Group |
|---|---|---|
Jonathan Galore | Ex-Co-Founder | Leadership |
Aaron Ryden | Director Of Engineering | Leadership |
Andrew Roussos | Vice President Of Corporate Finance | Leadership |
Vishal Garg | Founder & CEO | Leadership |
Paula Tuffin | Chief Compliance Officer & General Counsel | Leadership |
Elizabeth Argibay | Executive Assistant to Chief Compliance Officer & General Counsel | Leadership |
Max Moio | Assistant General Counsel & Deputy to the Chief Administrative Officer | Leadership |
Nicholas Calamari | Chief Administrative Officer | Leadership |
Jasminda B. | Head Of SOX And IT Audit | Leadership |
Nick Taylor | VP, Head of Real Estate | Leadership |
Shannon Blasingame | Head Of Underwriting | Leadership |
Kevin Ryan | CFO & Interim President | Leadership |
Glenn Onstad | Chief Audit Executive | Leadership |
Eric Staub | Better Real Estate Agent Partner | Leadership |
Dalia Hervitz | VP Of Customer Experience | Leadership |
Edward Andrés Kraśniewski | Senior Director, Strategy & Operations | Leadership |
Mona Chadha | Senior Director Global People Operations | Leadership |
Keith Soura | Vice President Of Engineering | Leadership |
Cara R. | Manager, People Strategy Business Partner | Leadership |
Eric McDaniel | Senior Director, Head Of Quality Control | Leadership |
188 more people are available in the full profile.
Complete people profiles for Trussle
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 Trussle
4 dated milestones of Trussle across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Trussle is founded.
- Funding First funding round of $115K.
- Funding Latest funding round, Series C, of $9.7M.
- Exit Acquired by Better Mortgage.
Competitors of Trussle
Trussle has 3 listed competitors in our database, 3 of them funded. They include Landbay, Tembo Money and Generation Home.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| landbay.co.uk | 2013 | London, United Kingdom | $22.02M | 97 | Residential mortgage loans are offered via a P2P lending platform. | |
| tembomoney.com | 2017 | London, United Kingdom | $31.84M | 17 | Residential mortgage loans are facilitated through an online marketplace. | |
| generationhome.com | 2019 | London, United Kingdom | $38.9M | 35 | Mortgage loans are provided by Generation Home in the UK. |
Detailed competitors of Trussle
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
2 companies that operate in the same segment as Trussle (Alternative Lending) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M |
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Complete news archive for Trussle
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Frequently Asked Questions about Trussle
Trussle was founded in 2015.
Trussle is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Trussle is a funded company, having raised a total of $35.63M across 6 funding rounds to date. The company's 1st funding round was a Seed of $114.8K, raised on Mar 2015.
Trussle has 145 employees.
Founded in 2015 in London, United Kingdom, Trussle operates as an authorized mortgage advisory firm within the financial services sector. Online applications for mortgages are processed, followed by market searches to identify suitable offers. Assistance is provided in completing loan applications once an offer is accepted. The service is offered free to users, targeting first-time buyers and existing homeowners.
Trussle's top competitors include Landbay, Generation Home and Tembo Money.
Trussle offers Mortgage Brokering Service, Mortgage Calculator, and Insurance Options.
Trussle has 25 investors. Key investors include Goldman Sachs, Better Mortgage, BBVA, Seedcamp, and Zoopla Property Group.
The valuation of Trussle is $887.12K as of Aug 2015.
Trussle operates through Trussle Lab Ltd.
Yes. Trussle was acquired by Better Mortgage in July 2021.