Trustpair

SoftwareSeries BParis, Francetrustpair.fr

Latest round

Series B

Last raised

Oct 2022

Total raised

$21M

Investors

4

About Trustpair

Founded in 2017 by Alexandre Gillier, Baptiste Collot, and Simon Elcham, Trustpair operates out of Paris, France.Trustpair offers a comprehensive fraud prevention platform designed to safeguard organizations against fraud risks throughout the entire vendor lifecycle, from supplier onboarding to secure payments. The core product includes automated account validation and a secure database for ongoing monitoring of suppliers, ensuring the verification of payment files and the security of transactions. By leveraging real-time controls and advanced verification methodologies, Trustpair effectively addresses critical use cases such as vendor fraud prevention, enhancing the reliability of supplier data and payment integrity for finance departments. The platform caters to a diverse clientele, including finance leaders in various sectors such as procurement, treasury, and account payables, with a focus on global markets spanning Europe, North America, and Asia.Trustpair generates revenue primarily through a subscription-based model, offering various pricing plans tailored to the needs of organizations looking to bolster their fraud prevention capabilities. Clients typically engage with Trustpair on a contractual basis, where the firm provides ongoing access to its automated validation platform, integrated into clients' financial systems. The revenue structure may involve fees based on the volume of transactions processed or the number of users accessing the platform, thereby aligning the company's offerings with clients' operational needs. Trustpair's flagship product, the Vendor Fraud Prevention Platform, serves as a cornerstone of its business model, enabling clients to maintain secure payment campaigns while minimizing the risks associated with vendor fraud.

Who invested in Trustpair

4 investors across 3 rounds

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Funding rounds

  1. Series B

    Oct 3, 2022

    Amount

    $17M

    Investors

    Locked

  2. Series A

    Aug 1, 2019

    Amount

    $3.4M

    Investors

    Locked

  3. Seed

    Jul 3, 2018

    Amount

    $0.7M

    Investors

    Locked

Questions about Trustpair

Who invested in Trustpair?

Trustpair has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Trustpair raised?

Trustpair has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Trustpair last raise money?

Trustpair's most recent round on record is a Series B, in Oct 2022.

What does Trustpair do?

Founded in 2017 by Alexandre Gillier, Baptiste Collot, and Simon Elcham, Trustpair operates out of Paris, France.

Where is Trustpair headquartered?

Trustpair is headquartered in Paris, France.

Which VCs invest in companies like Trustpair?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Trustpair's stage. Their profiles are linked below.

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