About Trust Machines
Trust Machines is a company based in New York (United States) founded in 2021.. Trust Machines has raised $150 million across 1 funding round from investors including GoldenTree, Digital Currency Group and Breyer Capital. Trust Machines offers products and services including Bitcoin web wallet and BTC lending apps. Trust Machines operates in a competitive market with competitors including Consensys, Figment, Galxe, Digital Asset and Ocean Protocol, among others.
- Headquarter New York, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Nassau Machines Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$150 M (USD)
in 1 rounds
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Latest Funding Round
$150 M (USD), Series D
Feb 04, 2022
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Investors
GoldenTree
& 4 more
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Employee Count
Employee Count
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Products & Services of Trust Machines
Trust Machines offers a comprehensive portfolio of products and services, including Bitcoin web wallet and BTC lending apps. 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.
Secure web-based tool for Bitcoin storage and transactions.
Applications for peer-to-peer Bitcoin lending and borrowing.
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Leadership Team
3 people
Legal and Compliance
1 people
General Team
1 people
Software Development Team
1 people
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Funding Insights of Trust Machines
Trust Machines has successfully raised a total of $150M through 1 strategic funding round. The most recent funding activity was a Series D round of $150 million completed in February 2022. 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 1
- Last Round Series D — $150.0M
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First Round
First Round
(04 Feb 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series D - Trust Machines | Valuation |
investors |
| 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 Trust Machines
Trust Machines has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include GoldenTree, Digital Currency Group and Breyer Capital. 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 firm
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Founded Year | Domain | Location | |
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Founded Year | Domain | Location | |
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Hivemind Capital Partners is focused on digital asset investing.
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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 Trust Machines
| 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 - Trust Machines
| 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 |
Trust Machines Comparisons
Competitors of Trust Machines
Trust Machines 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 Consensys, Figment, Galxe, Digital Asset and Ocean Protocol, 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 |
Developer of blockchain and web3 software platform
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| domain | founded_year | HQ Location |
Staking solutions are delivered via an online platform.
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| domain | founded_year | HQ Location |
Infrastructure for Web3 credential curation from multiple sources is offered.
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| domain | founded_year | HQ Location |
Blockchain platforms for business applications are developed and provided.
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| domain | founded_year | HQ Location |
Data exchange platform is provided for sharing and monetizing data.
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| domain | founded_year | HQ Location |
Blockchain-based platform for NFT and Defi application development
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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 Trust Machines
Frequently Asked Questions about Trust Machines
When was Trust Machines founded?
Trust Machines was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Trust Machines located?
Trust Machines is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Trust Machines a funded company?
Trust Machines is a funded company, having raised a total of $150M across 1 funding round to date. The company's 1st funding round was a Series D of $150M, raised on Feb 04, 2022.
What does Trust Machines do?
Trust Machines was founded in 2021 and is headquartered in New York, United States. Focus is placed on the technology sector, where an ecosystem of applications and platform technologies is constructed. Operations involve developing interconnected tools and services to support digital infrastructure. The companys domain, trustmachines.co, facilitates access to these resources, with activities centered on fostering collaborative tech environments across the U.S.
Who are the top competitors of Trust Machines?
Trust Machines's top competitors include Consensys, Digital Asset and Figment.
What products or services does Trust Machines offer?
Trust Machines offers Bitcoin web wallet and BTC lending apps.
Who are Trust Machines's investors?
Trust Machines has 5 investors. Key investors include GoldenTree, Digital Currency Group, Breyer Capital, Union Square Ventures, and Hivemind Capital Partners.