About Truston
Truston is a company based in Houten (Netherlands) founded in 1994 was acquired by IG&H in April 2023. It operates as a Managed Services. Truston offers products and services including OHI Backoffice Management and Managed Services. Truston operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Houten, Netherlands
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Truston (An Ig&H Company)
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Products & Services of Truston
Truston offers a comprehensive portfolio of products and services, including OHI Backoffice Management and Managed Services. 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.
Comprehensive management of Oracle Health Insurance backoffice is provided.
Database, infrastructure, and application management services are offered.
Funding Insights of Truston
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Truston
Truston has secured backing from 1 investor. Prominent investors backing the company include IG&H. 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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IT consulting services are provided by IG&H to various clients.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Truston
| 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 - Truston
| 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 |
Truston Comparisons
Competitors of Truston
Truston 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, 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 |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Truston
When was Truston founded?
Truston was founded in 1994.
Where is Truston located?
Truston is headquartered in Houten, Netherlands. It is registered at Houten, Utrecht, Netherlands.
What does Truston do?
Truston is established as a dynamic IT service provider focused on delivering added value to organizations. Services are provided in generic ICT management and specialized backoffice application management for Oracle Health Insurance, primarily for health insurers. Through an agile approach, expertise from various disciplines is combined to ensure predictable delivery reliability. Emphasis is placed on quality to build trust and foster collaboration, allowing clients to focus on their core business activities.
Who are the top competitors of Truston?
What products or services does Truston offer?
Truston offers OHI Backoffice Management and Managed Services.
Who are Truston's investors?
Truston has 1 investor. Key investors include IG&H.