When was TrustPoint founded?

TrustPoint was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is TrustPoint located?

TrustPoint is headquartered in Leesburg, United States.

Who is the current CEO of TrustPoint?

Patrick Shannon of TrustPoint. They have also founded 1 company.

How many employees does TrustPoint have?

As of Mar 31, 2026, the latest employee count at TrustPoint is 79.

Is TrustPoint a funded company?

TrustPoint is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Oct 18, 2021.

When was the latest funding round of TrustPoint?

TrustPoint's latest funding was a $***** Seed round on Oct 18, 2021, with participation from 1 investor.

Where does TrustPoint rank among its competitors?

TrustPoint ranks 14th amongst 934 active competitors, of which 62 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Xona Space Systems, which secured $170M in Mar, 2026.

Who are the top competitors of TrustPoint?

TrustPoint's top competitors include NextNav, What3words and TomTom. Among them, Xona Space Systems secured the most recent funding round in March, 2026.

TrustPoint - 2026 Company Profile, Team, Funding & Competitors

TrustPoint is a seed company based in Leesburg (United States), founded in 2020 by Chris DeMay and Patrick Shannon. It operates as a Provider of a GPS and AR-based geospatial data management platform for enterprises. TrustPoint has raised $2M in funding from DCVC. The company has 934 active competitors, including 62 funded and 42 that have exited. Its top competitors include companies like NextNav, What3words and TomTom.

Company Details

Provider of a GPS and AR-based geospatial data management platform for enterprises. It offers software to gather, access, store, visualize, manage and integrate geospatial data for decision-making. Its offering includes land navigation, outdoor AR tools, infrastructure management tools, positioning tools, and timing solutions. It caters to defense, government, and commercial industries.

Website: www.trustpointgps.com/
Social
Email ID: *****@trustpointgps.com

Key Metrics

Founded Year

2020

Location

Leesburg, United States

Stage

Seed

Total Funding

$2M in 1 round

Latest Funding Round

Seed, Oct 18, 2021, $*****

Investors

DCVC & 1 more

Ranked

14^th among 934 active competitors

Employee Count

79 as on Mar 31, 2026

Similar Companies

NextNav & 1098 more

View TrustPoint's full profile

TrustPoint is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TRUSTPOINT, INC. CIN: 3068274 , United States, Active	Jun 15, 2020	-	55 (As on Dec 31, 2023)	-

TrustPoint has raised a total funding of $2M over 1 round. Its latest funding round was a Seed round on Oct 18, 2021 for $*****. 1 investor participated in its latest round. TrustPoint has 1 institutional investor and 1 angel investor.

Here is the list of recent funding rounds of TrustPoint:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 18, 2021	9604195	Seed	4139738	9281732	4410474	9437666

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View details of TrustPoint's funding rounds and investors

The founders of TrustPoint are Chris DeMay and Patrick Shannon. Patrick Shannon is the CEO of TrustPoint.

Here are the details of TrustPoint's key team members:

Chris DeMay: Co-Founder & COO of TrustPoint and founder of 1 other company.
Contact Info: 1 email address
Patrick Shannon: Founder & CEO of TrustPoint.
Contact Info: 1 email address

View details of TrustPoint's Founder profiles and Board Members

TrustPoint's employee count trend

TrustPoint has 79 employees as of Mar 26. Here is TrustPoint's employee count trend over the years:

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Top competitors of TrustPoint include NextNav, What3words and TomTom. Here is the list of Top 10 competitors of TrustPoint, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NextNav 2008, Sunnyvale (United States), Public	Provider of an indoor positioning solution for enterprises	$284M	New Enterprise Associates, Fortress Investment ... & 8 others	73/100
2nd	What3words 2013, London (United Kingdom), Series C	Developer of a solution to find and share locations	$231M	Mercedes-Benz, SAIC Capital & 210 others	71/100
3rd	TomTom 1991, Amsterdam (Netherlands), Public	Provider of maps, navigation software, traffic data, and location technology	-	Aimforthemoon, Artiman & 2 others	68/100
4th	Xona Space Systems 2019, Burlingame (United States), Series C	Developer of positioning, navigation, and timing infrastructure for connected systems	$320M	Seraphim, Mohari Ventures Natural Capital ... & 34 others	66/100
5th	Kinexon 2012, Munich (Germany), Series A	Provider of real-time location systems for industrial automation and operations	$130M	Thomas H Lee Partners, T.Capital & 21 others	63/100
6th	MazeMap 2013, Trondheim (Norway), Seed	Provider of positioning and navigation systems for indoors	-	Televenture, EIC Fund & 2 others	59/100
7th	Syntony GNSS 2013, Toulouse (France), Acquired	Provider of GNSS-based location and navigation platform	$12.7M	IRDI Capital Investissement, Bpifrance	59/100
8th	Fixposition 2017, Schlieren (Switzerland), Seed	Provider of positioning services for multiple applications	$9.35M	True Ventures, Cultivation Capital & 11 others	59/100
9th	Focal Point Positioning 2015, Cambridge (United Kingdom), Series C	Provider of AI-based software to increase the accuracy of GNSS in devices	$69.2M	Molten Ventures, Gresham House Ventures & 24 others	57/100
10th	Qianxun 2015, Shanghai (China), Series B	Provider of satellite-based positioning system solutions	$141M	SIG, Industrial And Commercial Bank Of China ... & 5 others	57/100
14th	TrustPoint 2020, Leesburg (United States), Seed	Provider of a GPS and AR-based geospatial data management platform for enterprises	$2M	DCVC & 1 others	51/100