trustshare said to raise $3.2m in seed funding

Digital escrow service trustshare has reportedly collected $3.2m in a seed round to help it open its first US office.

The capital injection was led by Nauta Capital, according to a report from UKTN.

Alongside the launch of a US office, the seed funds will help trustshare enhance its product features and hire staff across all core business functions.

Founded in 2020, trustshare claims to make escrow payments simpler with a user simply needing to send an email across the trustshare infrastructure. A company simply integrates the checkout SDK into their website to offer improved customer experiences.

trustshare CEO and co-founder Nick Fulton told UKTN, “Escrow is viewed as this slow, archaic payment method used in M&A and traditional property purchases, but its core premise of offering a trust layer between buyer and seller is of ever-increasing value in a world moving remote.”

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