# TruRating funding: rounds and investors

> TruRating has raised $26M across 7 rounds since 2014. Investors include SandAire and MBM Capital Partners. Every round with its source.

Source: https://millionrounds.com/company/trurating (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Crowdfunding startup](https://millionrounds.com/companies)

# Who invested in *TruRating*

7 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics

Funding summary Updated 26 Oct 2026

**$26M** raised across 7 rounds since 2014, from 7 sources

**$4.4M** Venture **$13M** Series A **$2.4M** Crowdfunding **$139K** Round **$2.5M** Round **$1.3M** Round **$2.5M** Round

- **Latest round:** Round, $2.5M Dec 2024
- **Biggest round:** $13M Series A · Aug 2016
- **Step-up i:** 2×
- **Investors:** 2 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2016 2018 2020 2022 2024

**$4.4M** Venture

**$13M** Series A

**$2.4M** Crowdfunding

**$139K** Round

**$2.5M** Round

**$1.3M** Round

**$2.5M** Round

- **First round:** Venture, $4.4M
- **Biggest round:** $13M
- **Usual gap between rounds:** 21 months

## The rounds

- **Dec 2024** Round **$2.5M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jul 2023** Round **$1.3M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2022** Round **$2.5M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Mar 2021** Round **$139K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2018** Crowdfunding **$2.4M** No investor was named in the report. Source recorded
- **Aug 2016** Series A **$13M** *1 new* [SandAire](https://millionrounds.com/fund/sandaire) Lead Reported by TechCrunch
- **Nov 2014** Venture **$4.4M** *1 new* [MBM Capital Partners](https://millionrounds.com/fund/mbm-capital-partners) From a historical funding record

## Funding filed with regulators

TruRating filed 5 raises, $6.4M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Dec 2024 **$2.5M** UK share allotment
- Jul 2023 **$1.3M** UK share allotment
- Sept 2022 **$2.2M** UK share allotment
- Sept 2022 **$243K** UK share allotment
- Mar 2021 **$139K** UK share allotment

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2014 **Series A** 2016 **Crowdfunding** 2018 **Round** 2021 **Round** 2022 **Round** 2023 **Round** 2024 [SandAire](https://millionrounds.com/fund/sandaire) L [MBM Capital Partners](https://millionrounds.com/fund/mbm-capital-partners)

## Everyone who backed them

[SandAire](https://millionrounds.com/fund/sandaire) Family office **1** round, led 1

[MBM Capital Partners](https://millionrounds.com/fund/mbm-capital-partners) Family office **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=trurating).

## Also claim to have backed them

These 2 firms list TruRating as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Duo Partners](https://millionrounds.com/fund/duo-partners) VC firm Per its own site

[OSK Ventures International](https://millionrounds.com/fund/osk-ventures-international-berhad) VC firm Per its own site

## Quick answers about TruRating

### Who invested in TruRating?

TruRating's investors include SandAire and MBM Capital Partners.

### How much has TruRating raised?

TruRating has raised $26M across 7 rounds since 2014.

### When did TruRating last raise?

TruRating's most recent round, $2.5M, was in Dec 2024.

### What was TruRating's biggest round?

TruRating's largest round on record is $13M (Series A), in Aug 2016, led by SandAire.

### Who backed TruRating first?

TruRating's first round on record, in Nov 2014, was backed by MBM Capital Partners.

### What stage is TruRating at?

TruRating's latest named round is a Crowdfunding, in Sept 2018.

### Where is TruRating based?

TruRating is based in the United Kingdom.

### Who led TruRating's rounds?

SandAire led the Series A in 2016.

## Companies like TruRating

In the same sector, and raised in the last eighteen months.

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)[**Alchera Technologies** $3.7M · Oct 2026](https://millionrounds.com/company/alchera-technologies)[**Foundational** $19M · Oct 2026](https://millionrounds.com/company/foundational)[**Quartz** $3.7M · Sept 2026](https://millionrounds.com/company/quartz)

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