TrustCloud, founded in 2009 and headquartered in the United States, is carving a niche within the burgeoning sharing economy. Positioned with the slogan, "TrustCloud: Trust and Safety for the Sharing Economy," the company specializes in crafting a unique credit platform designed to measure online virtuous behavior.
The platform emphasizes identity verification through both online and offline methods, aggregating positive social data to establish a TrustScore and TrustBadges. This approach seeks to enhance transaction transparency and user confidence in the sharing ecosystem, ultimately increasing transaction volume, speed, and profitability.
TrustCloud secured its last known investment of $130.00K in seed funding on 01 October 2014 from 500 Global. Although it's been a few years since a recorded investment, the enduring relevance of trust in digital transactions indicates the potential for revitalized investor interest and strategic growth.