About TrustHop
TrustHop is a company based in Redwood City (United States) founded in 2008 was acquired by LinkedIn in June 2012.. TrustHop operates in a competitive market with competitors including Porch, Angi, ImproveNet, ServiceLive and Premium Home Service, among others.
- Headquarter Redwood City, United States
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Sectors
Business Services
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Phone
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Website
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Social
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Funding Insights of TrustHop
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2011 | Amount | Seed - TrustHop | 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 TrustHop
TrustHop has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include LinkedIn and Plug and Play Tech Center. 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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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location | |
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Professional networking, job recruitment, and career tools are provided.
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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 TrustHop
| 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 - TrustHop
| 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 |
Trusthop Comparisons
Competitors of TrustHop
TrustHop 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 Porch, Angi, ImproveNet, ServiceLive and Premium Home Service, 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 listing platform for home improvement service professionals
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| domain | founded_year | HQ Location |
Home repair professionals are hired via an app-based platform.
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| domain | founded_year | HQ Location |
Online home improvement services
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| domain | founded_year | HQ Location |
Operates a digital hub connecting users with home repair contractors.
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| domain | founded_year | HQ Location |
Offers HVAC, electrical, plumbing, and home repair services efficiently.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about TrustHop
When was TrustHop founded?
TrustHop was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Where is TrustHop located?
TrustHop is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
What does TrustHop do?
TrustHop is an online platform that connects home owners with trusted local service providers from their social circles. Users can place a request and receive quotes from recommended professionals, and hire a pro based on budget and requirement. Services listed on the platform include handyman, electrician, gardener, plumber, carpenter, cleaner, painter and others. Acquired by Linkedin in 2012 for an undisclosed amount.
Who are the top competitors of TrustHop?
TrustHop's top competitors include Porch, Angi and ImproveNet.
Who are TrustHop's investors?
TrustHop has 2 investors. Key investors include LinkedIn, and Plug and Play Tech Center.