Review site Trustpilot raises $55 million to boost growth, denies report it's planning an IPO

CNBC

  • The equity investment was led by Sunley House, a subsidiary of buyout-focused private equity firm Advent International.

  • Trustpilot has been the subject of much speculation in recent months over whether it will seek an initial public offering.

  • The company now boasts more than 58 million reviews on its platform, across 265,000 merchants