Trustpilot, a Copenhagen, Denmark-based review community for global online shoppers, raised $73.5m in Series D funding.
The round was led by Vitruvian Partners with participation from previous investors DFJ Esprit, Index Ventures, Northzone and Seed Capital Denmark. In conjunction with the funding, Vitruvian Partner Ben Johnson will join the board of directors at Trustpilot.
The company, which has raised $118.5m to date, intends to use the funds to continue to grow in North America and globally, investing in the processes, people and technology.
Founded in 2007 by CEO Peter Holten Mühlmann, Trustpilot provides verified, third-party reviews via an open community where consumers can share their brand experiences. Feedback collected through the platform enables brands such as B&H Photo, Dental Plans, JustFab, Rosetta Stone, SelectQuote, Silver Star Brands and Uship to increase customer retention, tailor customer experiences and make informed decisions about service and product development.
Trustpilot is now home to 13 million reviews for more than 100,000 brands in 65 countries. It has developed strong market position in Denmark, Sweden, the U.K., France, Italy, Germany and the Netherlands, as well as in the U.S.
The company has additional offices in New York, London and Melbourne employing more than 400 employees representing 40 nationalities.
FinSMEs
28/05/2015
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