TrustArc Inc.

TrustArc Inc. , formerly known as True Ultimate Standards Everywhere, Inc. , provides comprehensive privacy compliance solutions, enabling organizations to efficiently manage data privacy and navigate global regulations. Founded in 1997, TrustArc Inc.

, formerly known as True Ultimate Standards Everywhere, Inc. , operates from San Francisco, US, focusing on privacy compliance solutions. The company has undergone strategic developments to enhance its service offerings. Lori Fena is the founder, while Chris Babel and Jason Wesbecher lead the company today.

The firm successfully raised USD 70 mn in Series D funding on July 10, 2019, led by Bregal Sagemount, alongside investors such as Accel and Baseline Ventures. This funding round valued the company at USD 269. 90 mn post-money. TrustArc specializes in integrated enterprise privacy compliance solutions, primarily offering a suite of tools designed to streamline and automate data privacy management for organizations.

Their core product offerings include the Privacy Studio, Governance Suite, and Assurance Services, facilitating compliance with global privacy regulations such as GDPR and CCPA. TrustArc serves over 1,500 clients in various sectors, including technology, finance, and healthcare, particularly in North America, Europe, and Asia-Pacific, assisting privacy professionals and compliance teams with complex regulatory environments. TrustArc generates revenue primarily through subscription-based models for its privacy compliance solutions, allowing clients to access its suite of services and tools under annual contracts. This model sustains a steady income stream, enabling continuous innovation in privacy management.

The Assurance Services, such as the TRUSTe certifications, play a crucial role in validating compliance and enhancing client credibility in the marketplace. Following the USD 70 mn Series D funding raised in July 2019, True Ultimate Standards Everywhere, Inc. plans to launch new products aimed at enhancing their privacy compliance solutions, although specific release dates have not been disclosed. The company is also targeting expansion into European and Asia-Pacific markets to accommodate growing demand.

The recent funding will support these initiatives, allowing for enhancements in service delivery and product development.