TrustX

New York, United States Founded: 2016 • Age: 10 yrs
Provider of digital advertising services

About TrustX

TrustX is a Business Services company based in New York (United States) founded in 2016. Provider of digital advertising services. TrustX has raised $10.7 million across 2 funding rounds from investors including NBCUniversal, ESPN Network and Dotdash Meredith. TrustX offers products and services including TRUSTX Marketplace. Its focus areas include Marketing Services and Advertising Agencies. Its legal entity in India is Trustx Internet Private Limited (U72900KA2021PTC149037). Its competitors include Cadent, Digital Domain and Omnicom Group; 2 of its 3 listed competitors have raised funding.

Company details

TrustX offers TRUSTX Marketplace while focusing on providing business support, marketing services, and advertising agencies. Provider of digital advertising services. Delivering reliable solutions, it emphasizes quality, efficiency, and meeting diverse client needs. It continues to evolve, meeting industry challenges with strategic approaches.

  • Headquarters New York, United States
  • Sectors
    Business Services
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website trustx.org
  • Social LinkedIn X
  • Legal Name Trustx Internet Private Limited
  • Date of Incorporation 02 Jul, 2021
Key Metrics
  • Indian entity net loss
    -₹16,660

    FY 2023 · 0% margin

  • Indian entity EBITDA
    -₹22,510

    FY 2023 · 0% margin

  • Total Equity Funding
    $10.7M (USD)

    in 2 rounds

  • Latest Funding Round
    $8.5M (USD), Series B

    May 2024

  • Investors

Products & Services of TrustX

TrustX offers a comprehensive portfolio of products and services, including TRUSTX Marketplace.

TRUSTX Marketplace
Advertising Platform

Platform for direct and transparent programmatic ad transactions.

Funding Insights of TrustX

TrustX has successfully raised a total of $10.7M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8.5 million completed in May 2024. 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 $10.7M
  • Total Rounds 2
  • Last Round Series B β€” $8.5M
  • First Round $2.2M

    (Apr 2018)

  • Investors Count 5

All 2 funding rounds of TrustX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2024$8.5MSeries B––
–
Apr 2018$2.2MSeries A––
Valuation history

5 investors in total: 5 institutional.

Investors in TrustX

TrustX has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include NBCUniversal, ESPN Network and Dotdash Meredith.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
A suite of IT services is provided to global clients.
1998cbsiglobal.comSyracuse, United States
Digital and print media are published across diverse verticals.
1902meredith.comDes Moines, United States
News broadcasting, political coverage, and entertainment services by Fox News.
foxnews.com
TV content production, media, and entertainment services are provided.
2004nbcuniversal.comNew York, United States
Sports media services are provided by ESPN Network worldwide.
1978espn.comBurbank, United States
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Investor details for TrustX

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Trustx Internet Private Limited (TrustX)

Trustx Internet Private Limited is the primary company behind TrustX. The board of Trustx Internet Private Limited currently have 3 directors; the longest-serving is Nithin Kamath, appointed in 2021.

DirectorDesignationAppointedTenureEntity
Nithin Kamath
DIN 03142935
Director02 Jul 20215 yrs 3 moTrustx Internet Private Limited
Mohammed Shoaib
DIN 09224191
Director02 Jul 20215 yrs 3 moTrustx Internet Private Limited
Somnath Mukherjee
DIN 09179745
Director02 Jul 20215 yrs 3 moTrustx Internet Private Limited

People of TrustX

3 people are tracked at TrustX (3 in leadership).

NameRoleGroup
David Kohl
President & CEOLeadership
Breanne Evans
Director, AccountLeadership
Liz Lee
Vp, Sales & Business DevelopmentLeadership
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Complete people profiles for TrustX

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of TrustX

Figures of Trustx Internet Private Limited, the primary company behind TrustX, for FY 2023. Net loss was -₹16,660 (0% margin). EBITDA was -₹22,510 (0% margin).

  • -₹16,660Net loss · 0% margin
  • -₹22,510EBITDA · 0% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Trustx Internet Private Limited are on its company page.

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Detailed financial statements for TrustX

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of TrustX

3 dated milestones of TrustX across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded TrustX is founded.
  2. Funding First funding round of $2.2M.
  3. Funding Latest funding round, Series B, of $8.5M.

Competitors of TrustX

TrustX has 3 listed competitors in our database, 2 of them funded. They include Cadent, Digital Domain and Omnicom Group.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cadent.tv2005New York, United States$17M23
TV advertising solutions are provided for businesses through data-driven methods.
digitaldomain.com1992Los Angeles, United States$18.22M191
Visual effects studio for feature film and advertising production
omnicomgroup.com1944New York, United States74,900
Marketing & communications company
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Detailed competitors of TrustX

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of TrustX

The website of TrustX (trustx.org) receives about 6.8K visits a month.

  • Monthly visits
    6.8K

    ▲ 54.6% vs previous month

Top companies in Marketing & Outreach Platforms

3 companies that operate in the same segment as TrustX (Marketing & Outreach Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Creative Artists Agency is engaged in talent representation and brand management.
1975Los Angeles, California, United StatesUSD 263.26 M916
Provider of advertising services
2003New York, New York, United StatesUSD 174.38 M3,660
Software suite solutions are provided for brands and e-commerce businesses.
2013Lehi, Utah, United StatesUSD 277 MUSD 2.5 B2,158
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Frequently Asked Questions about TrustX

TrustX was founded in 2016 and raised its 1st funding round 2 years after it was founded.

TrustX is headquartered in New York, United States. It is registered at New York, New York, United States.

TrustX is a funded company, having raised a total of $10.7M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.2M, raised on Apr 2018.

TrustX offers TRUSTX Marketplace while focusing on providing business support, marketing services, and advertising agencies. Provider of digital advertising services. Delivering reliable solutions, it emphasizes quality, efficiency, and meeting diverse client needs. It continues to evolve, meeting industry challenges with strategic approaches.

TrustX's top competitors include Cadent, Digital Domain and Omnicom Group.

TrustX offers TRUSTX Marketplace.

TrustX has 5 investors. Key investors include NBCUniversal, ESPN Network, Dotdash Meredith, CBSI Global, and Fox News.

TrustX operates through Trustx Internet Private Limited.

The legal entities of TrustX currently have 3 directors, including Nithin Kamath, Mohammed Shoaib, Somnath Mukherjee.

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