TrustCloud
TrustCloud is a technology company.
Financial History
TrustCloud has raised $37.0M across 3 funding rounds.
Frequently Asked Questions
How much funding has TrustCloud raised?
TrustCloud has raised $37.0M in total across 3 funding rounds.
TrustCloud is a technology company.
TrustCloud has raised $37.0M across 3 funding rounds.
TrustCloud has raised $37.0M in total across 3 funding rounds.
TrustCloud is a technology company that builds an AI-powered Security Assurance Platform for hybrid enterprises, helping CISOs and GRC (Governance, Risk, and Compliance) leaders automate risk assessments, compliance, and third-party assurance to turn security into a profit center.[3][4][5] The platform serves over 1,000 businesses in highly regulated industries like healthcare, banking, and tech, solving problems such as manual spreadsheet drudgery, siloed GRC processes, and outdated risk management by providing continuous control monitoring, real-time insights, and integrations with 100+ cloud and on-premises sources.[2][4][5] It reduces residual business risk, cuts costs by 2-3 weeks of manual work per team annually, accelerates revenue through faster security reviews, and delivers ROI in 2-3 years while adhering to standards like ISO 42001 and NIST AI RMF.[2][4]
TrustCloud emerged from a vision to quantify trust as a measurable business metric, transforming security from a cost center into a strategic asset amid rising enterprise complexity in hybrid environments.[2][3] Founded by leaders like Sridhar (likely CEO, referenced in Cisco Investments context), the company developed its core Continuous Control Monitoring (ConMon) engine using specialized AI to automate thousands of manual GRC workflows, integrating with existing tools for unified risk visibility.[2] Early traction came through building the Trust Community—a collaborative ecosystem of over 1,800 companies sharing GRC best practices—while securing backing from Cisco Investments to scale AI-driven solutions.[2] Pivotal moments include launching Assurance AI for hallucination-proof workflows and expanding to support IT risk quantification, third-party assessments, and regulatory compliance, now powering 1,000+ customers.[3][5]
TrustCloud stands out in the GRC market through these key strengths:
TrustCloud rides the wave of AI-driven GRC transformation in an era of exploding hybrid cloud complexity, regulatory pressures (e.g., SOC 2, NIST), and third-party risk in regulated sectors like banking, healthcare, and gaming.[1][4] Timing is ideal as enterprises shift from manual spreadsheets to predictive, programmatic risk management amid rising cyber threats and board demands for quantifiable security ROI—TrustCloud's platform directly addresses this by benchmarking programs and forecasting risks.[2][5] Market forces like AI adoption in security (e.g., Cisco's backing) and the need for "hallucination-proof" automation favor its growth, influencing the ecosystem by democratizing GRC, fostering the Trust Community for shared innovation, and enabling CISOs to prioritize strategy over drudgery.[2][3]
TrustCloud is poised to expand its platform with advanced benchmarking, broader risk forecasting, and deeper AI integrations, targeting millions in productivity gains for CISOs while scaling beyond 1,000 customers.[2] Trends like AI governance (ISO 42001 adherence) and zero-trust architectures will propel it, potentially evolving its influence from GRC automation leader to ecosystem orchestrator via the Trust Community. As security becomes a revenue driver, TrustCloud's mission to "upgrade security into a profit center" positions it to redefine enterprise trust in a riskier digital world.[3]
TrustCloud has raised $37.0M in total across 3 funding rounds.
TrustCloud's investors include Cisco Investments, La Famiglia, Openview Venture Partners, Jeff Seibert, Wayne Chang, Amazon Alexa Fund, Scale Venture Partners, Two Sigma Ventures, Amasia, Ampli Ventures, Chalfen Ventures, Cherry Ventures.
TrustCloud has raised $37.0M across 3 funding rounds. Most recently, it raised $15.0M Venture Round in May 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2025 | $15.0M Venture Round | Cisco Investments, La Famiglia, Openview Venture Partners, Jeff Seibert, Wayne Chang | |
| May 1, 2022 | $18.0M Series A | Amazon Alexa Fund, Openview Venture Partners, Scale Venture Partners, Two Sigma Ventures | |
| Mar 1, 2021 | $4.0M Seed | Amasia, Ampli Ventures, Chalfen Ventures, Cherry Ventures, General Catalyst, Indeed.com, Inventure, La Famiglia, Mendoza Ventures, Menlo Ventures, Recall Capital, Charlie Songhurst, Hanno Renner, Jeff Seibert, Michael Wax, Wayne Chang |