# Trustpilot funding: rounds and investors

> Trustpilot has raised $192M across 7 rounds since 2011. Investors include Seed Capital, Northzone and Index Ventures. Every round with its source.

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

Denmark · [Series E startup](https://millionrounds.com/companies)

# 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 summary Updated 26 Oct 2026

**$192M** raised across 7 rounds since 2011, from 7 sources

**$900K** Venture **$4.5M** Venture **$13M** Venture **$25M** Series C **$74M** Series D **$20M** Debt **$55M** Series E

- **Latest round:** Series E, $55M Mar 2019
- **Biggest round:** $74M Series D · May 2015
- **Step-up i:** 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.

2011 2013 2015 2017 2019

**$900K** Venture

**$4.5M** Venture

**$13M** Venture

**$25M** Series C

**$74M** Series D

**$20M** Debt

**$55M** Series E

- **First round:** Venture, $900K
- **Biggest round:** $74M
- **Usual gap between rounds:** 16 months

## The rounds

- **Mar 2019** Series E **$55M** *1 new* *3 returning* [Index Ventures](https://millionrounds.com/fund/index-ventures) [Northzone](https://millionrounds.com/fund/northzone) [Draper Esprit](https://millionrounds.com/fund/draper-esprit-plc) Sunley House Capital Management/ Vitruvian Reported by Tech.eu
- **Oct 2017** Debt **$20M** *1 new* [SVB Capital](https://millionrounds.com/fund/svb-capital) Reported by FinSMEs
- **May 2015** Series D **$74M** *2 new* *4 returning* [Index Ventures](https://millionrounds.com/fund/index-ventures) [Seed Capital](https://millionrounds.com/fund/seed-capital) [Northzone](https://millionrounds.com/fund/northzone) [Draper Fisher Jurvetson (DFJ)](https://millionrounds.com/fund/draper-fisher-jurvetson-dfj) [Draper Esprit](https://millionrounds.com/fund/draper-esprit-plc) [Vitruvian Partners](https://millionrounds.com/fund/vitruvian-partners) From a historical funding record
- **Jan 2014** Series C **$25M** *2 new* *3 returning* [Index Ventures](https://millionrounds.com/fund/index-ventures) [Seed Capital](https://millionrounds.com/fund/seed-capital) [Northzone](https://millionrounds.com/fund/northzone) [Draper Esprit](https://millionrounds.com/fund/draper-esprit-plc) [DFJ Esprit](https://millionrounds.com/fund/dfj-esprit) From a historical funding record
- **Dec 2012** Venture **$13M** *1 new* *2 returning* [Index Ventures](https://millionrounds.com/fund/index-ventures) [Seed Capital](https://millionrounds.com/fund/seed-capital) [Northzone](https://millionrounds.com/fund/northzone) Reported by techcrunch.com
- **Nov 2011** Venture **$4.5M** *1 new* *1 returning* [Seed Capital](https://millionrounds.com/fund/seed-capital) [Northzone](https://millionrounds.com/fund/northzone) Reported by techcrunch.com
- **Jan 2011** Venture **$900K** *1 new* [Seed Capital](https://millionrounds.com/fund/seed-capital) 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.

**Venture** 2011 **Venture** 2011 **Venture** 2012 **Series C** 2014 **Series D** 2015 **Debt** 2017 **Series E** 2019 [Seed Capital](https://millionrounds.com/fund/seed-capital) [Northzone](https://millionrounds.com/fund/northzone) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Draper Esprit](https://millionrounds.com/fund/draper-esprit-plc) [SVB Capital](https://millionrounds.com/fund/svb-capital) [Draper Fisher Jurvetson (DFJ)](https://millionrounds.com/fund/draper-fisher-jurvetson-dfj) [DFJ Esprit](https://millionrounds.com/fund/dfj-esprit) [Vitruvian Partners](https://millionrounds.com/fund/vitruvian-partners) Sunley House Capital Management/ Vitruvian

## Everyone who backed them

[Seed Capital](https://millionrounds.com/fund/seed-capital) VC firm **5** rounds

[Northzone](https://millionrounds.com/fund/northzone) VC firm **5** rounds

[Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **4** rounds

[Draper Esprit](https://millionrounds.com/fund/draper-esprit-plc) VC firm **3** rounds

[SVB Capital](https://millionrounds.com/fund/svb-capital) VC firm **1** round

[Draper Fisher Jurvetson (DFJ)](https://millionrounds.com/fund/draper-fisher-jurvetson-dfj) Investment firm **1** round

[DFJ Esprit](https://millionrounds.com/fund/dfj-esprit) VC firm **1** round

[Vitruvian Partners](https://millionrounds.com/fund/vitruvian-partners) VC firm **1** round

Sunley House Capital Management/ Vitruvian no record of our own yet **1** round

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

## 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 Insurance](https://millionrounds.com/fund/american-family-insurance) Corporate VC Per its own site

[Alaric Securities](https://millionrounds.com/fund/alaric-securities) Investment firm Per its own site

[Alpine Ramble Treks](https://millionrounds.com/fund/alpine-ramble-trek) VC firm Per its own site

[BounceBack Homes BBH](https://millionrounds.com/fund/bounceback-homes-bbh) Investment firm Per its own site

[CAN Capital](https://millionrounds.com/fund/can-capital) Investment firm Per its own site

[Crescenta](https://millionrounds.com/fund/crescenta) Wealth manager Per its own site

[FlapKap](https://millionrounds.com/fund/flapkap) Private credit Per its own site

[Freedom Mortgage](https://millionrounds.com/fund/freedom-mortgage) Corporate VC Per its own site

[Gold Star Investments](https://millionrounds.com/fund/gold-star-investments) Investment firm Per its own site

[Holvi](https://millionrounds.com/fund/holvi) Investment firm Per its own site

[ICLUB](https://millionrounds.com/fund/iclub) Angel network Per its own site

[IPO Club](https://millionrounds.com/fund/ipo-club) VC firm Per its own site

[Iwoca](https://millionrounds.com/fund/iwoca) VC firm Per its own site

[LendingTree](https://millionrounds.com/fund/lendingtree) Investment firm Per its own site

[Nero Inc](https://millionrounds.com/fund/nero-inc) Investment firm Per its own site

[OneMain Financial](https://millionrounds.com/fund/onemain-financial) Investment firm Per its own site

[PEMarket](https://millionrounds.com/fund/pemarket) Investment firm Per its own site

[Qubit Capital](https://millionrounds.com/fund/qubit-capital) VC firm Per its own site

[Secure Trust Bank](https://millionrounds.com/fund/secure-trust-bank) Investment firm Per its own site

[Tax Lien Wealth Builders](https://millionrounds.com/fund/tax-lien-wealth-builders) Investment firm Per its own site

[TradeApp](https://millionrounds.com/fund/tradeapp) Investment firm Per 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.

## Companies like Trustpilot

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

[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**1World Online** $25M · Sept 2026](https://millionrounds.com/company/1world-online)

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