About Trusu
Trusu is a Retail company based in Hong Kong (China) founded in 2016 by James Steinberg, and was acquired by ZipX in March 2019. It operates as a cross-border shipping solutions are facilitated via an online platform. It operates in the Retail and Transportation, Automotive & Logistics sectors. Its focus areas include Cross Border Commerce, Enabler, Logistics and Parcel Forwarding. Its competitors include Moduslink, Easyya, Xianlife, Surpath and eFreight and 5 more; 6 of its 10 listed competitors have raised funding.
Company details
Trusu was established in 2016 in Hong Kong, China, as an e-commerce platform focused on cross-border shipping. Products spanning categories such as grocery and gourmet food, health items, baby products, beauty and personal care, household and kitchen goods, and electronics are offered. Orders from customers are consolidated on a monthly basis and imported from various foreign countries to enable international access.
Funding Insights of Trusu
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Trusu 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 |
|---|---|---|---|---|---|
| Jun 2018 | – | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Trusu
Trusu has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include ZipX and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Snacks, foods, health products, and daily essentials are sold online. | 2002 | zipx.com | Hong Kong, China |
Investor details for Trusu
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.
People of Trusu
1 people are tracked at Trusu (1 in leadership).
| Name | Role | Group |
|---|---|---|
James Steinberg | Co-Founder | Leadership |
Complete people profiles for Trusu
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.
Timeline of Trusu
3 dated milestones of Trusu across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Trusu is founded.
- Funding First funding round.
- Exit Acquired by ZipX.
Competitors of Trusu
Trusu has 10 listed competitors in our database, 6 of them funded. They include Moduslink, Easyya, Xianlife, Surpath and eFreight, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moduslink.com | 1968 | Waltham, United States | – | 1,000 | Supply chain management services are provided for global technology firms. | |
| easyya.com | 2020 | Tianhe, China | $21.06M | – | Operation management software solutions are provided for e-commerce businesses. | |
| xianlife.com | 2014 | Beijing, China | $111.56M | – | Cross-border grocery products are retailed online by Xianlife. | |
| surpath.net | 2019 | Minhang, China | $15.65M | – | AI and cloud-based solutions for cross-border e-commerce logistics are provided. | |
| efreight.cn | 2013 | Beijing, China | $2.91M | – | Customs clearance solutions for cross-border eCommerce and logistics firms | |
| cne.com | 2003 | Shanghai, China | – | – | Cross-border logistics solutions for international freight are provided. | |
| birdex.cn | 2013 | Shenzhen, China | $5M | – | Cross-border logistics and storage solutions are provided from China. | |
| kjhaoyun.com | 2021 | Shenzhen, China | – | – | A web-based platform for cross-border logistics services is offered. | |
| globavend.com | 2014 | Hong Kong, China | – | – | Fulfillment services are offered to retailers via an online platform. | |
| saohuo7.com | 2015 | Shanghai, China | $4.49M | – | Mobile-first platform for purchasing imported groceries. |
Detailed competitors of Trusu
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.
Top companies in Cross-Border E-Commerce & Marketplaces
10 companies that operate in the same segment as Trusu (Cross-Border E-Commerce & Marketplaces), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category products are facilitated through an online B2B cross-border marketplace. | 1999 | New York, New York, United States | – | USD 144.12 B | 124,320 | |
Software solutions for cross-border e-commerce industries are provided. | 2013 | London, England, United Kingdom | USD 100 M | USD 962.2 M | 1,080 | |
Cross-border eCommerce solutions are delivered via SaaS for retailers. | 2015 | Hoboken, New Jersey, United States | USD 55.72 M | – | 90 | |
Delivers comprehensive software solutions for cross-border e-commerce operations. | 2016 | Hyderabad, Telangana, India | USD 700 K | USD 15.4 K | 38 | |
Sourcing and supply chain platform for retailers and suppliers | 2021 | Gurugram, Haryana, India | USD 87.73 M | USD 68.09 M | 368 | |
Multi-category consumer products are retailed online by JollyChic. | 2012 | Hangzhou, Zhejiang, China | USD 110.72 M | – | – | |
Cross-border eCommerce solutions are provided for brands and retailers. | 2016 | London, England, United Kingdom | USD 1 M | USD 14.91 M | 138 | |
Cross-border eCommerce solutions are provided for online businesses. | 2011 | Singapore, Singapore | USD 66.26 M | USD 492.26 M | – | |
Software tools are provided for merchants to enable international sales. | 2007 | Cannes, Provence-alpes-cote D'azur, France | USD 6.9 M | – | – | |
Multi-category consumer products are retailed online through a dedicated platform. | 2010 | Singapore, Singapore | USD 20 M | – | – |
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Frequently Asked Questions about Trusu
Trusu was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Trusu is headquartered in Hong Kong, China.
Trusu was established in 2016 in Hong Kong, China, as an e-commerce platform focused on cross-border shipping. Products spanning categories such as grocery and gourmet food, health items, baby products, beauty and personal care, household and kitchen goods, and electronics are offered. Orders from customers are consolidated on a monthly basis and imported from various foreign countries to enable international access.
Trusu has 2 investors. Key investors include ZipX, and Y Combinator.
Yes. Trusu was acquired by ZipX in March 2019.