|
TrustedCompany is an open review community that helps consumers in emerging markets identify trustworthy and reliable online businesses. The Malaysia-based startup offers online businesses a set of SaaS toolsets to increase revenue and marketing ROI by collecting, responding/managing and displaying authentic third-party customer reviews. TrustedCompany is the only Google verified review platform working in emerging markets, across the categories of electronics, baby products, daily deals, fashion, travel and more. History TrustedCompany was founded in 2013 by Frederik Krass and Philip Knuth. What began with a frustration towards online shopping experiences in Malaysia turned into a company aiming to bridge the trust gap between online companies and consumers in emerging markets. In an interview with TechCrunch, co-founder Frederik Krass said “The current state of emerging eCommerce holds tremendous opportunities for solutions that tackle scam, fraud, and other types of abuse, and we strongly believe that creating trust through third-party verified reviews do help overcome these issues,”. The company received an initial seed round of $250,000. In September 2014, they raised another $1 million in its series A round of funding led by Tengelmann Ventures in Germany as well as investments from 500 Startups in the U.S. and Malaysia-based Asia Venture Group. TrustedCompany was listed on Tech in Asia's list of 18 Malaysian startups poised to breakout in 2015. TrustedCompany offers online businesses a SaaS toolset to collect, manage, display and share authentic customer reviews starting from $149 per month.<ref name=TCPricing/> To help ensure reviews are genuine, TrustedCompany generates its own post-sale link for a review invitation. They have developed an algorithm that can detect fake reviews and does not allow a company to cherry-pick their best reviews.<ref name=VentureBeat/> The TrustedCompany software is compatible with all major eCommerce shopping platforms including WooCommerce, Shopify, Magento, OpenCart and Drupal Commerce.<ref name=TCPricing/>
|
|
|