Tech Company Financing Transactions
TrustLayer Funding Round
TrustLayer closed a $15.1 million Series A financing round on 8/19/2021. Backers included Craft Ventures, Abstract Ventures and Box.
Transaction Overview
Company Name
Announced On
8/19/2021
Transaction Type
Venture Equity
Amount
$15,100,000
Round
Series A
Investors
Craft Ventures (Lead Investor) (Brian Murray)
Propel Venture Partners (David Mort)
Proceeds Purpose
The company intends to use the funds to expand operations, hiring top talent across its sales, marketing, and engineering teams, and develop its live digital proof of coverage solution, and integrations with many insurance carrier systems of record, building upon pilots with major carriers such as Liberty Mutual, and Nationwide.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
545 Mission St.
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
TrustLayer is a collaborative risk management platform that helps reduce friction between businesses. We automate the verification of insurance, licenses, and compliance documents that you receive from your business partners (vendors, subcontractors, suppliers, borrowers, tenants,...), building trust between you and all of your counter parties.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Fohr
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