Trustpage, a Detroit, MI-based provider of an AI-powered technology solution, raised $5 million in Seed funding.
The round was led by Bonfire Ventures, Ludlow Ventures, and Detroit Venture Partners with participation from Entrée Capital, Basement Fund, and GTMfund.
The company intends to use the funds to recruit and hire talent, invest in developing innovative new features like AI-assisted reviews, and expand its services with a focus on software buyers and auditors.
Company: Trustpage
Raised: $5.0M
Round: Seed Round
Funding Month: November 2021
Lead Investors: Bonfire Ventures, Ludlow Ventures, and Detroit Venture Partners
Additional Investors: Entrée Capital, Basement Fund and GTMfund
Company Website: https://trustpage.com/
Software Category: Centralized platform
About the Company: Led by Chase Lee, CEO, and founder, Trustpage provides a centralized platform that allows companies to manage, share and collaborate with customers on their complete security posture. The solution acts as a single dashboard over a company’s stack of security features and policies, giving customers and prospects insights into the measures keeping them and their customers safe. With Trustpage, software teams can proactively collaborate on and communicate every step they’re taking to protect user data, comply with regulations, and prevent cyber threats. More than 5,300 companies have been mapped by its AI-powered security scanner and added to Trustpage’s network, and 300 companies have claimed their profiles.
Source: https://www.finsmes.com/2021/11/trustpage-raises-5m-in-seed-funding.html