Trustwell
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Trustwell - overview
Established
1981
Location
Beaverton, OR, US
Primary Industry
Software
About
Trustwell, formerly known as ESHA Research, based in Beaverton, US, provides innovative software solutions for the food industry, focusing on compliance, safety, and efficient supply chain management. Founded in 1981, Trustwell, formerly known as ESHA Research, specializes in delivering software solutions designed to enhance food industry compliance and safety. The company's headquarters is located in Beaverton, Oregon. In December 2025, TPG acquired a majority stake in Trustwell from The Riverside Company.
Trustwell provides a comprehensive suite of software solutions tailored for the food industry, focusing on compliance, safety, and supply chain management. The core offerings include the Trustwell Connect platform, Genesis Foods, FoodLogiQ, and AskReg. Genesis Foods combines nutritional science with advanced technology, facilitating innovative product development, recipe analysis, and regulatory compliance. FoodLogiQ emphasizes real-world traceability, recall readiness, and supplier engagement, allowing food businesses to streamline data collection and manage quality across their operations.
AskReg serves as an AI-driven chatbot, delivering instant regulatory guidance for nutritional labeling and food safety. These products cater to a diverse clientele, including food manufacturers, retailers, restaurants, and supplement manufacturers across North America and Europe, addressing needs such as product formulation, compliance management, and supply chain transparency. Trustwell's revenue model primarily revolves around subscription-based services for its software solutions, which are designed to optimize compliance and safety within the food supply chain. Clients typically engage with the company through annual subscriptions for platforms like FoodLogiQ and Genesis Foods, which may include various pricing tiers based on the number of users or features accessed.
For example, customers might pay for specific modules within FoodLogiQ—such as Compliance or Recall management—enabling them to select services most relevant to their operations. Additionally, consulting services are offered to assist clients with specific regulatory challenges, further enhancing the company's revenue streams. This transactional structure supports robust relationships with its clientele, allowing for tailored solutions that align with the unique operational needs of each business, thereby driving value and customer retention. The company plans to use the funding from December 2025 to accelerate its innovation, expand access to its platform, and strengthen the tools used across the industry to improve consumer safety.
Current Investors
The Riverside Company, Trustwell
Primary Industry
Software
Sub Industries
Consulting Services, Content Management Software, Application Integration Software, Analytics & Performance Software
Website
www.esha.com
Verticals
Artificial Intelligence, Cloud Computing, RegTech
Company Stage
Merged
Total Amount Raised
Subscriber access only
Trustwell - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Trustwell | - | ||||||||
| Add-on, Trade Sale | Completed | FoodLogiQ, LLC | - | ||||||||
| Buyout | Completed | Trustwell | - |
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Trustwell - employee data


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