Trustfull, a Milan, Italy–based AI-powered fraud prevention technology company, has raised €6 million in funding.
Investors
The round was led by Seaya Ventures and Elevator Ventures, with continued participation from existing investor United Ventures.
Founded in 2013 by Beatriz González in Madrid, Seaya Ventures is a leading early-stage venture capital firm investing in technology companies across Southern Europe and Latin America.
Elevator Ventures is the corporate venture capital arm of Raiffeisen Bank International (RBI), focused on investing in early-stage fintech and technology startups across Central and Eastern Europe (CEE) and the DACH region. Founded in 2018, the firm backs Series A and B companies targeting sectors such as fintech, cybersecurity, AI, climate tech, and other innovations beyond banking.
Trustfull Use of Funds
The company will use the investment to grow its sales and marketing teams, deepen its presence in key European markets, and expand its product offerings to address emerging fraud threats.
About Trustfull
Founded in 2020, Trustfull is a fraud prevention startup leveraging open-source intelligence and AI to deliver real-time digital risk assessments. Its platform analyzes hundreds of digital signals such as phone numbers, emails, IP addresses, and web domains to strengthen KYC, KYB, and AML processes. Headquartered in Milan, Italy, Trustfull serves enterprise clients across industries, including banking, payments, e-commerce, and iGaming, with customers such as Nexi, ING Bank, Scalapay, Elavon, and Cofidis.
Funding Details
Company: Trustfull
Raised: €6.0M
Round: Unknown
Funding Date: July 2025
Lead Investors: Seaya Ventures, Elevator Ventures
Additional Investors: United Ventures
Company Website: https://trustfull.com/
Software Category: Fraud Prevention / AI / Risk Intelligence / TrustTech
Source: https://tech.eu/2025/07/29/trustfull-closes-eur6m-round-to-drive-european-expansion/