Trussle - About the company
Trussle is an acquired company based in London (United Kingdom), founded in 2015 by Jonathan Galore and Ishaan Malhi. It operates as a Provider of mortgage brokerage services for residential property purchase transactions. Trussle has raised $35.6M in funding from investors like Orange Growth Capital, Goldman Sachs and BBVA, with last known valuation of $*****. The company has 15 active competitors, including 4 funded and 2 that have exited. Its top competitors include companies like Habito, Islamic Finance Guru and Taygo.
Company Details
Provider of mortgage brokerage services for residential property purchase transactions. This entity facilitates the application process for home loans and remortgaging options. It assists individuals in securing financing by connecting them with various lenders. The service includes the provision of tools for calculating loan eligibility and property costs. Additionally, it offers guidance on insurance products related to home ownership and property protection. The process involves managing documentation and coordinating with legal professionals to finalize property transactions.
- Website
- trussle.com
- Email ID
- *****@trussle.com
- Registered Address
- 1-3 Dufferin Street, London, England, EC1Y 8NA
Key Metrics
Founded Year
2015
Location
London, United Kingdom
Stage
Acquired
Total Funding
$35.6M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Feb 26, 2017
Investors
Ranked
2nd among 15 active competitors
Employee Count
53 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Better Mortgage (Jul 12, 2021)
Legal entities associated with Trussle
Trussle is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Trussle Lab Ltd CIN: 09459339 , United Kingdom, Active | Feb 25, 2015 | - | 145 (As on Dec 31, 2020) |
Trussle's acquisition details
Trussle got acquired by Better Mortgage on Jul 12, 2021.
Click here to take a look at Trussle's acquisition in detail
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Trussle's funding and investors
Trussle has raised a total funding of $35.6M over 6 rounds. Its first funding round was on Mar 18, 2015. Its latest funding round was a Series C round on Jan 20, 2020 for $*****. 4 investors participated in its latest round. Trussle has 16 institutional investors and 13 angel investors.
Here is the list of recent funding rounds of Trussle:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 20, 2020 | 5361188 | Series C | 8986282 | 9271838 | 1451611 | 4429952 |
May 09, 2018 | 9197235 | Series B | 8415943 | 7685404 | 9320701 | |
Jan 29, 2017 | 5175521 | Series A | 9759732 | 9649863 |
View details of Trussle's funding rounds and investors
Trussle's founders and board of directors
Founder? Claim ProfileThe founders of Trussle are Jonathan Galore and Ishaan Malhi.
Here are the details of Trussle's key team members:
- Jonathan Galore: Former Co-Founder of Trussle. They are also an angel investor in 2 startups and serve on the board of 1 company.Contact Info: 1 email address
- Ishaan Malhi: Former Founder & CEO of Trussle. They serve on the board of 1 company.
Trussle's Board of Directors
Trussle's board has 3 active members. Jonathan Galore is part of team and Ian Larkin and Radboud Richardus Laurentius Vlaar are independent board members.Here is the list of Trussle's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 3m | |
dtbqfsr | Team | - | Past | 2y 4m |
yzwrvjv | Team | - | Past | 3y 6m |
Independent board member | - | Current | 6y 4m | |
gvbdwzb | Independent board member | - | Current | 5y 3m |
View details of Trussle's Founder profiles and Board Members
Trussle's employee count trend
Trussle has 53 employees as of May 26. Here is Trussle's employee count trend over the years:
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Trussle's Competitors and alternates
Top competitors of Trussle include Habito, Islamic Finance Guru and Taygo. Here is the list of Top 10 competitors of Trussle, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Habito 2015, London (United Kingdom), Acquired | Online mortgage broker | $92.1M | 70/100 | |
2nd | Trussle 2015, London (United Kingdom), Acquired | Provider of mortgage brokerage services for residential property purchase transactions | $35.6M | 54/100 | |
3rd | Islamic Finance Guru 2014, London (United Kingdom), Series A | Shariah-compliant will management platform | $4.13M | 42/100 | |
4th | Taygo 2016, Palo Alto (United States), Series A | Developer of a SaaS-based solution to sell via Facebook messenger | $4.13M | 40/100 | |
5th | Lendle 2017, Bolton (United Kingdom), Unfunded | Provider of secured homeowner loans through a panel of lenders | - | - | 38/100 |
6th | Alexander Hall 1999, London (United Kingdom), Unfunded | Lead generation platform for mortgage loans | - | - | 31/100 |
7th | Play-Ex 2015, Swansea (United Kingdom), Seed | Online financial service provider for sports professionals | $91.1K | - | 26/100 |
8th | Mortgages Direct 2000, Clifton (United Kingdom), Unfunded | Aggregator of mortgage products | - | - | 25/100 |
9th | Owne Ltd 2017, United Kingdom, Unfunded | Comparison platform for mortgage loans | - | - | 24/100 |
10th | Quotey Quotey 2010, Birmingham (United Kingdom), Unfunded | Online financial products aggregation platform | - | - | 24/100 |
Looking for more details on Trussle's competitors? Click here to see the top ones
Trussle's Investments and acquisitions
Trussle has made no investments or acquisitions yet.
Reports related to Trussle
Here is the latest report on Trussle's sector:
News related to Trussle
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Better’s Acquisition of Property PartnerGlobal Legal Chronicle•Sep 17, 2021•London House Exchange, Better Mortgage, Property Partner, Trussle
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Trussle partners with HooYu to optimise onboarding processRetailbankerinternational•Mar 02, 2021•Trussle, HooYu
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Finch Capital launches third fund to invest in European FintechFinch Capital•Feb 09, 2021•Finch Capital, Enterprise Ireland, Trussle, Fourthline and 5 others
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Trussle installs new leadership team; assures direct authorisation from the FCAFinextra•Dec 14, 2020•Trussle
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UK Online Mortgage Broker Trussle Appoints Ian Larkin As New CEOCrowdfund Insider•Mar 03, 2020•Trussle, Target Group, Lloyds Bank
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