About Trustology
Trustology is a Financial Services company based in London (United Kingdom) founded in 2017 by Alex Batlin, and was acquired by Bitpanda in February 2022. Cryptocurrency assets are safeguarded via digital-key custodial solutions. Trustology has raised $8 million across 1 funding round from investors including Bitpanda, Two Sigma Ventures and Consensys Labs. The company has 13 employees. Its chief executive, as recorded, is Alex Batlin. Trustology offers products and services including Crypto Custody Solution, Segregated Wallets, API Automation, and KYT and KYC Controls. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Custodian Services. Its legal entity is TRUSTOLOGY LTD.
Company details
Founded in 2017 and based in London, United Kingdom, Trustology operates in the cryptocurrency sector. Custodial services are provided for individuals, businesses, exchanges, and institutions, with customizable accounts designed to protect digital assets. Private keys and control code are secured within tamper-proof hardware modules in data centers, supported by encrypted cloud backups. Low-latency execution is enabled alongside defenses against cyber and physical threats.
- Headquarters London, United Kingdom
- Employees 13
- Founders Alex Batlin
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website trustology.io
- Social LinkedIn X Facebook
- Acquired by Bitpanda (Feb 2022)
- Legal Name Trustology Ltd
Products & Services of Trustology
Trustology offers a comprehensive portfolio of products and services, including Crypto Custody Solution, Segregated Wallets, API Automation, and KYT and KYC Controls.
Secure storage and management of crypto assets for institutions.
Hardware-secured wallets for fund segregation and real-time management.
Tools for transaction signing and balance queries in crypto operations.
Monitoring systems for user and transaction compliance in crypto assets.
Funding Insights of Trustology
Trustology has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Seed round of $8 million completed in December 2018. 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 $8M
- Total Rounds 1
- Last Round Seed — $8M
- First Round $8M
(Dec 2018)
- Investors Count 2
All 1 funding rounds of Trustology 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 |
|---|---|---|---|---|---|
| Dec 2018 | $8M | Seed | – | Two Sigma Ventures |
3 investors in total: 3 institutional.
Investors in Trustology
Trustology has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Bitpanda, Two Sigma Ventures and Consensys Labs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments in tech sectors are managed by the firm. | twosigmaventures.com | New York, United States | ||
Startup acceleration and venture funding are provided by Consensys-backed entity. | labs.consensys.net | San Francisco, United States | ||
Cryptocurrencies are traded via a blockchain-based platform. | 2014 | bitpanda.com | Vienna, Austria |
Investor details for Trustology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Trustology
8 people are tracked at Trustology (4 in leadership, 4 in team); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
Alex Batlin | Founder & CEO | Leadership |
Toby Bennett | Chief of Staff | Leadership |
Mark Hornsby | CTO | Leadership |
Paul Yardley | Head of Software Engineering | Leadership |
Kodey Kilday-Thomas | Software Engineer | Team |
Christian Turner | Software Engineer | Team |
Tomos W. | Software Engineer | Team |
Kirtan Amin | Software Engineer | Team |
Complete people profiles for Trustology
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Trustology
3 dated milestones of Trustology across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Trustology is founded.
- Funding First funding round of $8.0M.
- Exit Acquired by Bitpanda.
Top companies in Cryptocurrencies
3 companies that operate in the same segment as Trustology (Cryptocurrencies) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | 1,212 | ||
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | |||
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M |
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Frequently Asked Questions about Trustology
Trustology was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Trustology is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Alex Batlin is the CEO of Trustology, as recorded in our data. They have also founded this company.
Trustology is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Seed of $8M, raised on Dec 2018.
Trustology has 13 employees.
Founded in 2017 and based in London, United Kingdom, Trustology operates in the cryptocurrency sector. Custodial services are provided for individuals, businesses, exchanges, and institutions, with customizable accounts designed to protect digital assets. Private keys and control code are secured within tamper-proof hardware modules in data centers, supported by encrypted cloud backups. Low-latency execution is enabled alongside defenses against cyber and physical threats.
Trustology offers Crypto Custody Solution, Segregated Wallets, API Automation, and KYT and KYC Controls.
Trustology has 3 investors. Key investors include Bitpanda, Two Sigma Ventures, and Consensys Labs.
Trustology operates through Trustology Ltd.
Yes. Trustology was acquired by Bitpanda in February 2022.