# Trustate Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/trustate

- Industry: Software
- Headquarters: Tampa, US
- Website: www.trustate.com
- Total disclosed funding: $1.8M
- Latest round: Seed (Nov 18, 2021)
- Investors on record: 3

## About

Trustate Corporation specializes in software solutions for trust and estate planning, enabling efficient management of complex estate processes and enhancing client service through innovative technology.Trustate Corporation was founded in 2020 in Tampa, US, focusing on creating software tools for estate planners and trust companies. The firm raised USD 1.8 mn in a SEED round on November 18, 2021, led by Impression Ventures, with participation from GingerBread Capital and Red Bike Capital. The company has completed a total of 1 deal to date.Trustate offers a comprehensive suite of software solutions designed for trust and estate planning, funding, and administration. Their core offerings include automated trust funding, task automation systems, and real-time asset and liability discovery tools. These products facilitate the generation of clear estate plans, streamline administrative processes, and enhance client service for a diverse range of clients, including estate planning attorneys, financial advisors, and trust companies. Trustate's technology is marketed primarily in North America and Europe, focusing on improving operational efficiencies through innovative digital solutions.Trustate generates revenue through a subscription-based model tailored to various client needs and budgets. Clients can choose from different pricing plans, accommodating both single tasks and comprehensive estate management solutions. The firm primarily engages in B2B transactions, where trust companies and financial advisors subscribe to Trustate's software tools, which facilitate the creation and management of estate plans. This pricing strategy ensures accessibility to their technology for professionals in the trust and estate sector.Following the recent SEED funding round completed in November 2021, Trustate plans to leverage the USD 1.8 mn raised to enhance its product offerings and expand its market presence. The company aims to launch new features and tools designed for estate planning professionals, with a focus on meeting client demands by the end of 2023. Additionally, Trustate is targeting expansion into European markets, aiming to establish a stronger presence and client base internationally.

## Funding rounds

- Seed, Nov 18, 2021, $1.8M — Impression Ventures, GingerBread Capital, Red Bike Capital

## Investors

- Impression Ventures (https://capitalatlas.ai/funds/impression-ventures) — Seed
- GingerBread Capital (https://capitalatlas.ai/funds/gingerbread-capital) — Seed
- Red Bike Capital (https://capitalatlas.ai/funds/red-bike-capital) — Seed