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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.
Social
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Email ID
*****@trussle.com
Registered Address
1-3 Dufferin Street, London, England, EC1Y 8NA
Key Metrics
Founded Year
2015
Location
Stage
Acquired
Total Funding
$35.6M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Feb 26, 2017
Ranked
Employee Count
53 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Better Mortgage (Jul 12, 2021)

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:lockFilter this list
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
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Trussle's founders and board of directors

Founder? Claim Profile
The founders of Trussle are Jonathan Galore and Ishaan Malhi.
Here are the details of Trussle's key team members:

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

Trussle's employee count trend

Trussle has 53 employees as of May 26. Here is Trussle's employee count trend over the years:
Employee count trend for Trussle
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Habito
Habito
2015, London (United Kingdom), Acquired
Online mortgage broker
$92.1M
70/100
2nd
Logo for Trussle
Trussle
2015, London (United Kingdom), Acquired
Provider of mortgage brokerage services for residential property purchase transactions
$35.6M
54/100
3rd
Logo for Islamic Finance Guru
Islamic Finance Guru
2014, London (United Kingdom), Series A
Shariah-compliant will management platform
$4.13M
42/100
4th
Logo for Taygo
Taygo
2016, Palo Alto (United States), Series A
Developer of a SaaS-based solution to sell via Facebook messenger
$4.13M
40/100
5th
Logo for Lendle
Lendle
2017, Bolton (United Kingdom), Unfunded
Provider of secured homeowner loans through a panel of lenders
-
-
38/100
6th
Logo for Alexander Hall
Alexander Hall
1999, London (United Kingdom), Unfunded
Lead generation platform for mortgage loans
-
-
31/100
7th
Logo for Play-Ex
Play-Ex
2015, Swansea (United Kingdom), Seed
Online financial service provider for sports professionals
$91.1K
-
26/100
8th
Logo for Mortgages Direct
Mortgages Direct
2000, Clifton (United Kingdom), Unfunded
Aggregator of mortgage products
-
-
25/100
9th
Logo for Owne Ltd
Owne Ltd
2017, United Kingdom, Unfunded
Comparison platform for mortgage loans
-
-
24/100
10th
Logo for Quotey Quotey
Quotey Quotey
2010, Birmingham (United Kingdom), Unfunded
Online financial products aggregation platform
-
-
24/100
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Trussle's Latest cap tables and shareholding

Founders (largest shareholder) own 44.20%, Funds own 35.30%, Enterprises own 6.80% and Angels own 12.50%. The net worth of Trussle's founders is INR 6.3M as of Feb 26, 2017.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
44.20%
6.3M
1831925
1461907
3691315
3802809
7657607
6713200
1734032
5485492
6242303
8237473
2685162
8932149
2170792
2050460
9373364
2387465
Fund
35.30%
5.03M
1771621
6984016
2594737
4702084
4024602
4504867
6219466
5091104
2747213
8329259
3002341
5199771
1411577
4527638
2851339
2942356
2451846
5191935
5480920
3527454
8638180
5918721
Enterprise
6.80%
970K
801670
755938
992168
288154
Angel
12.50%
1.78M
1978647
8927436
4242947
2097973
7475221
5629153
4798900
9841712
2938088
3257657
Total
98.80%
1.41Cr
8570594
9846350
2844352
4186938
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Trussle's Shareholding

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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FAQs about Trussle

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