Trustero, a Palo Alto, CA-based provider of AI-powered security and compliance solutions, has raised $10.35 million in Series A funding.
Investors
The round was led by Bright Pixel Capital, with participation from Engineering Capital, Zetta Ventures Partners, and Vertex Ventures US.
Bright Pixel Capital, formerly Sonae IM, is the technology investment arm of the multinational group Sonae. With a special focus on cybersecurity, infrastructure software, retail technologies, business applications, and emerging tech, it has a portfolio of more than 60 companies spanning early to growth stages.
Trustero Use of Funds
The funding will fuel the development of Trustero’s patented Trust Graph technology, scale operations, and expand its market reach.
About Trustero
Founded in 2020 by Phillip Liu, Trustero specializes in AI-powered security and compliance solutions. The company leverages artificial intelligence to streamline Governance, Risk, and Compliance (GRC) processes. Trustero’s AI automates GRC functions such as compliance audits, security questionnaires, tailored remediation guidance, and third-party risk evaluations. The company’s patented Trust Graph integrates data from various platforms to deliver instant, actionable insights for compliance and security teams.
Funding Details
Company: Trustero
Raised: $10.35M
Round: Series A
Funding Date: November 2024
Lead Investor: Bright Pixel Capital
Additional Investors: Engineering Capital, Zetta Ventures Partners, Vertex Ventures US
Company Website: https://trustero.com/
Software Category: Security and Compliance Solutions
Source: https://www.businesswire.com/news/home/20241121183096/en/