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Trustpilot Closes $55 Million Series E Funding Round Led by Sunley House Capital Management

Trustpilot today announced it has raised $55 million in a Series E equity investment round. The round was led by Sunley House Capital Management, an affiliate of global private equity firm Advent International, with strong participation from existing shareholders Vitruvian Partners, Draper Esprit, Index Ventures, Northzone and Seed Capital. Funds will support Trustpilot’s strategy to be the leader in trust and transparency.

Trustpilot investigation leads to swift removal of 83 Fiverr profiles

Trustpilot’s Compliance Team has uncovered a network of freelancer profiles offering to write fake reviews on Trustpilot. The investigation led to all 83 profiles being removed, and Trustpilot believes that continued efforts to fight fraud will help stem both the supply of, and demand for fake reviews.