TrustCloud Secures $15M Series A to Revolutionize Trust in the Sharing Economy

TrustCloud is thrilled to announce that it has successfully raised $15,000,000 in its latest funding round, marking a transformative moment in our journey of building trust in the Sharing Economy. As a pioneering credit platform dedicated to verifying online and offline user identity, TrustCloud harnesses big social data to aggregate virtuous behavior, fostering a more reliable and dynamic ecosystem for all stakeholders. This impressive funding milestone not only validates our innovative approach but also reinforces our commitment to making trust portable and actionable in increasingly digital marketplaces. With this new capital infusion, TrustCloud will accelerate the development and refinement of its cutting-edge technology suite that detects transactions, endorsements, and ratings from sharing sites. Our platform empowers users with TrustBadges and TrustScores derived from both behavioral and transactional gestures, enabling them to make smarter decisions with confidence in every interaction. Furthermore, TrustCloud’s unique offering of TrustCards presents users with an adaptable, tangible representation of their online credibility—one that can be seamlessly utilized across multiple applications within the Sharing Economy. This injection of funds will be strategically deployed to expand our verification processes through advanced online and offline methods, enhance our data-synthesis capabilities, broaden our network integrations, and ultimately drive higher transaction volumes for sharing sites, resulting in increased speed, savings, and profits for all parties involved. We are excited to set a new standard for trust in digital interactions and look forward to a future where every user’s virtuous behavior is recognized, leading to enhanced confidence and lasting value across the Sharing Economy.