What is Trustmi?
Trustmi is a pioneering cybersecurity firm that offers an end-to-end payment security solution designed to mitigate financial losses stemming from cyberattacks, internal fraud, and human error. Established in 2021, the company provides a flexible, modular platform that empowers businesses to selectively implement tools for securing payment processes and managing vendor relationships. Headquartered in Tel Aviv with an additional office in New York City, Trustmi is positioned to address critical vulnerabilities in modern financial operations.
How much funding has Trustmi raised?
Trustmi has raised a total of $17M across 1 funding round:
Series A
$17M
Series A (2023): $17M with participation from Zeev Ventures and Cyberstarts
Key Investors in Trustmi
Zeev Ventures
Zeev Ventures is an early-stage venture fund based in Palo Alto, California, specializing in technology, financial services, e-commerce, and consumer sectors. They typically invest between $1M-$20M per round and actively support portfolio companies through subsequent funding stages.
Cyberstarts
Cyberstarts is an investment firm focused on the cybersecurity sector, backing innovative companies that are shaping the future of digital security.
Undisclosed Investor
An undisclosed investor participated in this funding round, contributing to Trustmi's strategic growth and market expansion initiatives.
What's next for Trustmi?
The substantial enterprise-level funding signifies Trustmi's readiness to scale its operations and further innovate its payment security offerings. This capital injection is expected to fuel product development, expand market reach, and enhance its competitive edge in the rapidly evolving cybersecurity landscape. The strategic nature of the recent investment suggests a strong alignment with investor goals, potentially paving the way for accelerated market penetration and the establishment of new industry standards in payment protection.
See full Trustmi company page
