Trustap, a leading company based in Cork, has recently announced a significant milestone in its growth with the successful completion of a funding round. TX Ventures, a prominent investor in the Irish market, led the round, contributing €5.08 million to Trustap’s financing. The funding round saw the participation of other notable co-investors, including SeedX, PARTNERS RESOLUTE, Aperture, MiddleGame Ventures, ACT VC, Atlantic Bridge, and FurthrVC.
For Trustap, this funding infusion marks a vital stepping stone in its journey of providing innovative solutions to both consumer-to-consumer (C2C) and business-to-business (B2B) marketplaces. The company’s CEO, Conor Lyden, emphasized the importance of leveraging the recently established partnerships and enhancing Trustap’s go-to-market (GTM) strategy with the newly acquired funds. He also revealed plans to further develop the platform by introducing additional product features that cater to the diverse use cases encountered across various marketplaces.
Trustap’s commitment to continually improving its offering reflects its dedication to creating a safe, secure, and transparent environment for all parties involved in online transactions. By investing in product innovation and expanding their reach, Trustap aims to solidify its position as a leading player in the marketplace industry. With this funding, Trustap is well-equipped to execute its growth plans, ensuring that more users can benefit from its reliable and trustworthy services.