TrustClarity Closes $300K Pre-Seed Funding

TrustClarity

TrustClarity Inc., a Chicago, IL-based B2B software as a service (SaaS) storefront platform, closed a $300k pre-seed funding round.

Backers included Baskar Puvanathasan (Co-founder at PagerDuty), Ninetwenty Capital, Sim Nation, Vel Investment Holdings and CRS Recycling Services, along with angels who are former senior executives in the enterprise telecom and logistics industries.

The financing will be used to fund development of the platform, continued onboarding of customers and launch activities.

Led by Sujee Jeganathan, Founder & CEO, TrustClarity creates B2B storefronts to provide companies with a simplified way to sell and buy, new, refurbished and excess inventory.  The TrustClarity marketplace is relevant across a variety of B2B industries, and initially has a focus in the Telecommunications and Energy sectors.

The company is set to launch with its initial customer base at the end of this month. 

FinSMEs

11/11/2020

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