Denmark · Series E startup

Who invested in Trustpilot

7 rounds we have observed, with the 9 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.

Internet

Funding summaryUpdated 26 Oct 2026

$192Mraised across 7 rounds since 2011, from 7 sources

$900KVenture$4.5MVenture$13MVenture$25MSeries C$74MSeries D$20MDebt$55MSeries E
Latest round
Series E, $55MMar 2019
Biggest round
$74MSeries D · May 2015
Step-upi
2.8×
Investors
9
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.

20112013201520172019
$900KVenture$4.5MVenture$13MVenture$25MSeries C$74MSeries D$20MDebt$55MSeries E
First round
Venture, $900K
Jan 2011
Biggest round
$74M
Series D · May 2015
Usual gap between rounds
16 months
the median of 6

The rounds

  1. Mar 2019
    Series E$55M1 new3 returning

    Reported by Tech.eu

  2. Oct 2017
    Debt$20M1 new

    Reported by FinSMEs

  3. May 2015
  4. Jan 2014
    Series C$25M2 new3 returning

    From a historical funding record

  5. Dec 2012
    Venture$13M1 new2 returning

    Reported by techcrunch.com

  6. Nov 2011
    Venture$4.5M1 new1 returning

    Reported by techcrunch.com

  7. Jan 2011
    Venture$900K1 new

    Reported by finsmes.com

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.

Venture2011Venture2011Venture2012Series C2014Series D2015Debt2017Series E2019Seed CapitalNorthzoneIndex VenturesDraper EspritSVB CapitalDraper Fisher Jurvetson (DFJ)DFJ EspritVitruvian PartnersSunley House Capital Management/ Vitruvian

Everyone who backed them

Seed CapitalVC firm5rounds
NorthzoneVC firm5rounds
Index VenturesVC firm4rounds
Draper EspritVC firm3rounds
SVB CapitalVC firm1round
Draper Fisher Jurvetson (DFJ)Investment firm1round
DFJ EspritVC firm1round
Vitruvian PartnersVC firm1round
Sunley House Capital Management/ Vitruvianno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 21 firms list Trustpilot 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.

American Family InsuranceCorporate VCPer its own site
Alaric SecuritiesInvestment firmPer its own site
Alpine Ramble TreksVC firmPer its own site
BounceBack Homes BBHInvestment firmPer its own site
CAN CapitalInvestment firmPer its own site
CrescentaWealth managerPer its own site
FlapKapPrivate creditPer its own site
Freedom MortgageCorporate VCPer its own site
Gold Star InvestmentsInvestment firmPer its own site
HolviInvestment firmPer its own site
ICLUBAngel networkPer its own site
IPO ClubVC firmPer its own site
IwocaVC firmPer its own site
LendingTreeInvestment firmPer its own site
Nero IncInvestment firmPer its own site
OneMain FinancialInvestment firmPer its own site
PEMarketInvestment firmPer its own site
Qubit CapitalVC firmPer its own site
Secure Trust BankInvestment firmPer its own site
Tax Lien Wealth BuildersInvestment firmPer its own site
TradeAppInvestment firmPer its own site

Quick answers about Trustpilot

Who invested in Trustpilot?

Trustpilot's investors include Seed Capital, Northzone, Index Ventures, Draper Esprit and SVB Capital, and 4 more on record.

How much has Trustpilot raised?

Trustpilot has raised $192M across 7 rounds since 2011.

When did Trustpilot last raise?

Trustpilot's most recent round was a Series E of $55M in Mar 2019.

What was Trustpilot's biggest round?

Trustpilot's largest round on record is $74M (Series D), in May 2015.

Who backed Trustpilot first?

Trustpilot's first round on record, in Jan 2011, was backed by Seed Capital.

What stage is Trustpilot at?

Trustpilot's latest named round is a Series E, in Mar 2019.

Where is Trustpilot based?

Trustpilot is based in Denmark.

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