About TrustUp.be
TrustUp.be is a company based in Liege (Belgium) founded in 2016 by Sebastien Remacle.. TrustUp.be has raised $2.1 million across 2 funding rounds from investors including LeanSquare. The company has 37 employees as of December 31, 2021. TrustUp.be has completed 1 acquisition, including Walup. TrustUp.be operates in a competitive market with competitors including tafsquare, Twizzi, Renovive, Blijf Actief and immoFILTER, among others.
- Headquarter Liege, Belgium
- Employees 37 as on 31 Dec, 2021
- Founders Sebastien Remacle
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Sectors
Business ServicesReal Estate & Construction Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.1 M (USD)
in 2 rounds
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Latest Funding Round
$1.58 M (USD), Series A
Jun 22, 2022
- Investors
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Employee Count
37
as on Dec 31, 2021
- Investments & Acquisitions
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Funding Insights of TrustUp.be
TrustUp.be has successfully raised a total of $2.1M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.58 million completed in June 2022. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $1.6M
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First Round
First Round
(27 Aug 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series A - TrustUp.be | Valuation |
investors |
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| Aug, 2018 | Amount | Seed - TrustUp.be | 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 TrustUp.be
TrustUp.be has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include LeanSquare. 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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LeanSquare is recognized as a specialized investment fund focused on innovative projects.
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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 TrustUp.be
TrustUp.be has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Walup. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online marketplace for renovation and construction contractors
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TrustUp.be
| 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 |
Trustup.Be Comparisons
Competitors of TrustUp.be
TrustUp.be 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 tafsquare, Twizzi, Renovive, Blijf Actief and immoFILTER, 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 marketplace for finding construction professionals
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| domain | founded_year | HQ Location |
Platform for comparing quotes from specialists in home improvement and energy efficiency.
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| domain | founded_year | HQ Location |
Online B2B tool for digitizing the distributors showroom
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| domain | founded_year | HQ Location |
Home adjustment tools for apartments, kitchens, and bathrooms are provided.
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| domain | founded_year | HQ Location |
Directory connecting users with builders, architects, and property services in Belgium.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 TrustUp.be
When was TrustUp.be founded?
TrustUp.be was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is TrustUp.be located?
TrustUp.be is headquartered in Liege, Belgium. It is registered at Liege, Liege, Belgium.
Who is the current CEO of TrustUp.be?
Sebastien Remacle is the current CEO of TrustUp.be. They have also founded this company.
Is TrustUp.be a funded company?
TrustUp.be is a funded company, having raised a total of $2.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $522.91K, raised on Aug 27, 2018.
How many employees does TrustUp.be have?
As of Dec 31, 2021, the latest employee count at TrustUp.be is 37.
What does TrustUp.be do?
TrustUp.be was founded in 2016 in Liege, Belgium, as an online listing platform in the home services sector. Service professionals in areas such as garden landscaping, plumbing, roofing, and carpentry are connected with users seeking quotations and bookings. Reviews can be checked or submitted by users, while custom website development, back-office tools, and online marketing services are offered to providers. Operations focus on facilitating matches across Belgium.
Who are the top competitors of TrustUp.be?
TrustUp.be's top competitors include tafsquare, Blijf Actief and Renovive.
How many acquisitions has TrustUp.be made?
TrustUp.be has made 1 acquisition, including Walup.
Who are TrustUp.be's investors?
TrustUp.be has 1 investor. Key investors include LeanSquare.