Tech Company Financing Transactions
TrustPoint Funding Round
TrustPoint, based in Leesburg, secured $2 million from Data Collective and private investors.
Transaction Overview
Company Name
Announced On
10/19/2021
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Data Collective (Lead Investor)
Proceeds Purpose
The company will use the funds to grow their engineering team, mature core technologies, and advance key partnerships.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
880 Harrison St. SE 042
Leesburg, VA 20175
USA
Leesburg, VA 20175
USA
Phone
Undisclosed
Website
Email Address
Overview
GPS is an ubiquitous global utility in modern society and knowing one's location and accurate time is critical for government, commercial, and consumer applications. Still, today's solutions for determining location are inaccurate, slow, unencrypted, and susceptible to jamming and spoofing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Patrick Shannon
Chief Operating Officer
Chris DeMay
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