Trustev

Cork, Ireland Founded: 2012 • Age: 14 yrs Acquired By TransUnion
Provider of the fraud management solution for the retail industry
Annual revenue - Latest available
Total funding $7.8M 4 rounds
Employees 41 Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Trustev

Trustev is a company based in Cork (Ireland) founded in 2012 was acquired by TransUnion in December 2015. Trustev has raised $7.8 million across 4 funding rounds from investors including TransUnion, Enterprise Ireland and Greycroft. The company has 41 employees as of December 31, 2018. Trustev offers products and services including IDVision Suite, Digital Verification, and Fraud Prevention Exchange. Trustev operates in a competitive market with competitors including Klaviyo, Elastic Path Software, ComplyAdvantage, Bango and Riskified, among others.

  • Headquarter Cork, Ireland
  • Employees 41 as on 31 Dec, 2018
  • Sectors
    Technology
    Media & Entertainment Industrial Goods & Manufacturing Retail Financial Services
  • Phone
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  • Website
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  • Social
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  • Legal Name Trustev Limited
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Media & Entertainment → Marketing, Advertising & Adtech Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.8 M (USD)

    in 4 rounds

  • Latest Funding Round
    $4 M (USD), Series A

    Nov 01, 2014

  • Investors
    TransUnion

    & 6 more

  • Employee Count
    41

    as on Dec 31, 2018

  • Acquired by
    TransUnion

    (Dec 09, 2015)

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Products & Services of Trustev

Trustev offers a comprehensive portfolio of products and services, including IDVision Suite, Digital Verification, and Fraud Prevention Exchange.

Product name locked
Category locked
Primary

Integrated platform for fraud prevention and digital identity services

Product name locked
Category locked
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Tool for verifying digital identities in fraud contexts

Product name locked
Category locked
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Exchange system for preventing fraudulent activities

Funding Insights of Trustev

Trustev has successfully raised a total of $7.8M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in November 2014. 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.

Investors in Trustev

Trustev has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include TransUnion, Enterprise Ireland and Greycroft.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors are targeted for venture capital investments by Greycroft.
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Venture capital investments are directed toward tech sectors.
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Early-stage venture capital funding is provided to innovative companies.
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Investor details for Trustev

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Investments & Acquisitions by Trustev

Investments
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Investment portfolio details for Trustev

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Financial Statements - Trustev

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Detailed financials for Trustev

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Trustev Comparisons

Trustev Primary company
Description
Provider of the fraud management solution for the retail ind...
Location
Cork, Ireland
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
41
As of 2018
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Peer comparison for Trustev

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Competitors of Trustev

Trustev 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 Klaviyo, Elastic Path Software, ComplyAdvantage, Bango and Riskified, among others.

Company Name Domain Founded year HQ Location Description
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SaaS email marketing solutions are offered to e-commerce businesses.
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API-based enterprise commerce and content management platform is delivered.
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Cloud-based anti-money laundering solutions are provided for compliance.
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Marketing solutions for e-commerce businesses are provided by Bango.
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AI-based fraud prevention for e-commerce payments is provided.
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Cloud-based marketing platform for e-tailers
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Detailed competitors of Trustev

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Latest news on Trustev

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Complete news archive for Trustev

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Frequently Asked Questions about Trustev

Trustev was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Trustev is headquartered in Cork, Ireland.

Trustev is a funded company, having raised a total of $7.8M across 4 funding rounds to date.

As of Dec 31, 2018, the latest employee count at Trustev is 41.

Provider of the fraud management solution for the retail industry. It provides real time online identity verification using its proprietary social fingerprinting technology. It Analyses behavioral, transactional and social data points and provides an automated real time score on the authenticity of the customer. Combines machine learning with a decision matrix based on analysis of data points like customer behavior and onsite history, device, analysis of network, proxy, geolocation using IP, email, phone, etc for the detection of fraud which improves over iteration.

Trustev's top competitors include Klaviyo, ComplyAdvantage and Riskified.

Trustev offers IDVision Suite, Digital Verification, and Fraud Prevention Exchange.

Trustev has 7 investors. Key investors include TransUnion, Enterprise Ireland, Greycroft, Mangrove Capital Partners, and Act Venture Capital.

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