TrustPortal Launches Equity Fund Raise

TrustPortal has launched an equity crowdfunding campaign. Having already reached £1.65M in revenues last year and on track to do £4M in revenues this year. TrustPortal has already achieved 107% of its funding target of £500K, overfunding within the first few hours on Crowdcube. 

TrustPortal software transforms the customer experience while reducing operations costs by 30-50%. TrustPortal brings together a technology called RPA or “robotic process automation” with digital technology and AI in a unique way. In short, the boring work that needs to be done in multiple old obsolete systems is outsourced to robots, leaving humans with user-friendly digital screens which hugely increase productivity.  

With an ambitious growth plan, TrustPortal will expand sales and marketing activities and grow from 15 customers today to 500 by the end of 2024. TrustPortal is forecast to achieve over  100% growth to £9M revenues by the end of 2021 and to £34M by 2024. TrustPortal hopes to attract investors with an interest in UK Tech Start-ups, RPA (Robotic Process Automation) and Digital Transformation who wish to achieve a potential excellent return on investment by year 3  as well as taking advantage of the EIS scheme tax incentives.  

CEO, Chris Lamberton comments: “The crowdfunding campaign will supercharge TrustPortal’s growth by enabling us to invest in marketing and sales. TrustPortal solves the problem of slow and unsatisfying customer service by getting robots to do all the hard work, leaving customer  services agents free to deliver an excellent experience. 

“Since launch we’ve grown our revenue from £200k in 2018 to £1.65 million in 2020 and we’re already profitable. Poor customer service directly impacts companies’ revenue. And the number 1 issue preventing customer service improvement is their old, inflexible IT systems. From my 25  years of experience in IT and Customer Services I knew solving this issue would have a huge  benefit for businesses and their customers.” 

With investment in sales and marketing resources TrustPortal can help more businesses deliver an excellent service to their customers.  

For interested investors, the funding round is now open on CrowdCube. With investment, TrustPortal can supercharge it’s already-profitable tech company and scale-up exponentially. 

TrustPortal CrowdCube Equity Funding Link