Trustpilot, Inc.

Trustpilot, Inc. is a global review platform that helps businesses and consumers share and manage customer feedback, fostering transparency in online transactions and enhancing brand reputation. Founded in 2007 in Copenhagen, Denmark, Trustpilot, Inc. operates as a review platform that facilitates customer feedback.

The company was co-founded by Peter Muhlmann and Taylor Cunningham. Trustpilot has raised a total of GBP 13. 39 mn from 11 investment deals, with its most recent funding round being a Private Placement in March 2021, where it raised GBP 13. 39 mn.

The company went public in April 2021, raising GBP 473 mn through an IPO on the London Stock Exchange, valuing the company at GBP 1. 1 billion. Trustpilot provides a user-friendly platform for consumers to write and share reviews about businesses across various sectors, including banking, travel, retail, and insurance. Its services include review management, analytics, and promotional tools designed to enhance businesses' reputation and transparency in online commerce, serving clients from small enterprises to large corporations in regions like North America, Europe, and Australia.

In the most recent fiscal year of 2023, Trustpilot reported a revenue of GBP 145,632,421. 7 and an EBITDA of GBP 14,796,814. 2, generated primarily through subscription-based services offered to businesses. Trustpilot plans to utilize the funds raised in its most recent deal to enhance its marketing efforts, technology platform, and recruitment initiatives.

The company is focused on expanding its market presence into new regions, although specific regions have not been disclosed. Trustpilot aims to continue enhancing its offerings to better meet customer needs and strengthen its position in the review platform sector.