Big news this week is Trustpilot raising a massive € 67 million (over 500 DKK million) round. A lot of press about that, you can read more over at Wallstreet Journal, Nordic Startup Bits, Venturebeat, Trendsonline and 8till5. All these give interesting insights, and the Nordic Startup Bits article is highly recommended for the interview with CEO Peter Mühlmann – which gives a background story about the startup as well.
Virtruvian Partners led the Series D round, joined by Trustpilot’s earlier backers, Index Ventures, Northzone, SEED Capital Denmark and DFJ Esprit. In total, Trustpilot has raised over € 107 million in venture funding to date.
Last week Peter Mühlmann was one of the keynotes at TechBBQ, and Neil Murray and I had a chat with him and some other guests afterwards for our podcast. With Peter we talked about growth, scaling and hiring in the region. If you want some insights into Peters view both on the region and growing a company here, you can listen to it on the The Nordic Web podcast (6:00 in, embedded below as well – sound quality is unfortunatly a bit uneven, but the content very interesting).