About TrustID
TrustID is a company based in Reading (United Kingdom) founded in 2007. TrustID has raised $14 million across 3 funding rounds from investors including Norwest Venture Partners, Rogers Venture Partners and Trinity Ventures. The company has 18 employees as of December 31, 2022. TrustID offers products and services including Online ID Checks, Right To Work Checks, and Digital DBS Checks. TrustID operates in a competitive market with competitors including Perfios, Signicat, IDnow, Riskified and Onfido, among others.
- Headquarter Reading, United Kingdom
- Employees 18 as on 31 Dec, 2022
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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Phone
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Website
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Social
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- Legal Name Trustid, Inc.
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Annual Revenue
Not available
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Net Profit
-$1.24 M (USD)-220as on Dec 31, 2022
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EBITDA
Not available
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Total Equity Funding
$14 M (USD)
in 3 rounds
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Latest Funding Round
$7 M (USD), Series A
Feb 13, 2013
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Investors
Norwest Venture Partners
& 2 more
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Employee Count
18
as on Dec 31, 2022
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Products & Services of TrustID
TrustID offers a comprehensive portfolio of products and services, including Online ID Checks, Right To Work Checks, and Digital DBS Checks.
Service for validating identity documents remotely
Checks for employer compliance with work regulations
Automated checks for employee suitability and security
People of TrustID
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Funding Insights of TrustID
TrustID has successfully raised a total of $14M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in February 2013. 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 TrustID
TrustID has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Norwest Venture Partners, Rogers Venture Partners and Trinity Ventures.
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Corporate-backed investments are directed to fintech, healthcare, and various sectors.
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Venture capital firm investing in early-stage technology and real estate companies.
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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Investor details for TrustID
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by TrustID
Investment portfolio details for TrustID
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Financial Statements - TrustID
Detailed financials for TrustID
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Trustid Comparisons
Peer comparison for TrustID
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of TrustID
TrustID 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 Perfios, Signicat, IDnow, Riskified and Onfido, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provides financial technology solutions for data analysis and verification globally.
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Software solutions for identity management are provided via APIs.
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Automated and expert-led identity verification services are provided.
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AI-based fraud prevention for e-commerce payments is provided.
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Identity verification solutions are provided, including document and biometric authentication.
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Identity verification, background screening, and fraud prevention solutions are provided.
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Detailed competitors of TrustID
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Latest news on Trustid
Complete news archive for TrustID
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Frequently Asked Questions about TrustID
TrustID was founded in 2007 and raised its 1st funding round 3 years after it was founded.
TrustID is headquartered in Reading, United Kingdom.
Tony Machin is the current CEO of TrustID.
TrustID is a funded company, having raised a total of $14M across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at TrustID is 18.
TrustID was founded in 2007 and is headquartered in Reading, United Kingdom. Operations center on technology services, including API development and identity verification. Solutions for secure document checks and compliance are delivered via the trustid.co.uk domain. The company addresses needs in fintech and regulatory sectors. Leadership is held by CEO Tony Machin, with focus on practical verification tools for businesses.
TrustID offers Online ID Checks, Right To Work Checks, and Digital DBS Checks.
TrustID has 3 investors. Key investors include Norwest Venture Partners, Rogers Venture Partners, and Trinity Ventures.